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JRS seeks greater investment flexibility

02 February 2016 11:42

The Board of JPMorgan Russian Securities has decided that, in order to provide greater investment flexibility, they should propose to change the Company's investment objective and policies to permit up to 10% of the Company's gross assets to be invested in companies that operate or are located in former Soviet Union Republics.

It is the Board's intention that this will allow the investment management team to use their knowledge of companies with links in Russia.

A resolution to amend the Company's investment objective and policies to permit investments will be proposed at the forthcoming Annual General Meeting. At 11:42am: (LON:JRS) JPMorgan Russian Securities Plc share price was +1.25p at 298.75p

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