TIDMZAIM

RNS Number : 0560B

ZAIM Credit Systems PLC

07 June 2021

Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction

For Immediate Release

7 June 2021

Zaim Credit Systems Plc

("Zaim" or the "Group")

Result of AGM

Zaim Credit Systems plc. (LSE: ZAIM), the Russian focused fintech group, is pleased to announce that all resolutions proposed to shareholders at its Annual General Meeting held today were passed.

Enquiries:

 
Zaim Credit Systems Plc 
Simon Retter 
 Siro Cicconi                        Tel: +44 (0) 73 9377 9849 
Alex Boreyko                       Tel: +7 925 708 98 16 
                                    investors@zaimcreditsystemsplc.com 
Investor Relations: Flowcomms Ltd 
Sasha Sethi                        Tel: +44 (0)7891 677441 
                                    sasha@flowcomms.com 
Adviser: Beaumont Cornish Limited 
Roland Cornish / James Biddle      Tel: +44 (0) 20 7628 3396 
 
Optiva Securities Limited 
Jeremy King / Vishal Balasingham   Tel: +44 (0) 20 3137 1902 
 

About Zaim

Zaim Credit Systems Plc (ZCS) is the UK holding company of Zaim Express LLC ("Zaim"), a Russian-based fintech company. It has been operating in the microcredit market Russia since 2011 and is authorised to conduct microfinance activities by the Central Bank of Russia. Zaim occupies one of the leading positions in Moscow and the Moscow region and actively developing its online lending operations across Russia. It has developed a bespoke IT system, created a distribution network and online lending platform. Zaim currently provides loans with an average size of 8,000 Russian rubles ("RUB") (about GBP80) with a maximum amount of RUB30,000 (GBP300) for an average duration of less than one month.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

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(END) Dow Jones Newswires

June 07, 2021 07:31 ET (11:31 GMT)

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