Net Asset Value(s)

RNS Number : 4439D

JPMorgan Russian Securities PLC

02 March 2022

 

JPMORGAN RUSSIAN SECURITIES PLC  (the 'Company')
Legal Entity Identifier: 549300II3MHI98ZLVH37
THE COMPANY ANNOUNCES THE UNAUDITED NET ASSET VALUE (NAV) As at:  01 March 2022
THE NET ASSET VALUE PER SHARE IN PENCE, INCLUDING INCOME WITH DEBT AT FAIR VALUE:	128.2
Due to the continued closure of the Moscow Exchange (MOEX) the Company considers that there has been a material change to the market value of its investments and it is in the best interests of the shareholders to apply an alternative valuation method.  Following today's unavailability of prices for the RDXUSD (Russian Depositary Index USD), the Company has applied a fair value against all investments held on MOEX in line with the average movement of a diverse basket of Russian GDR assets as a proxy.  Investments in American Depositary Receipts and Global Depositary Receipts continue to take the latest available price.
Name of contact and telephone number for queries:
Paul Ainger 0044 207 742 6524
Name of authorised company official responsible for making this notification:
Paul Winship 0044 207 742 9815 - Company Secretary
Date: 02 March 2022

 

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