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ZAIM Credit Systems - Result of AGM

RNS Number : 1119T
ZAIM Credit Systems PLC
15 July 2020
 

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

15 July 2020

Zaim Credit Systems Plc

("Zaim" or the "Group")

Result of AGM

Zaim Credit Systems plc. (LSE:  ZAIM), the Russian focused fintech group providing financial inclusion for those consumers who are not well served by mainstream lenders, 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

 

 Alex Boreyko

 

 

Tel: +7 925 708 98 16 investors@zaimcreditsystemsplc.com

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 providing small short-term loans to customers. 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. 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 £90) with a maximum amount of RUB30,000335) for an average duration of less than one month.

 

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Quick facts: Zaim Credit Systems

Price: 2.55

Market: LSE
Market Cap: £11.14 m
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