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: [phone] [e-mail]
Beaumont Cornish Limited
Roland Cornish / James Biddle	Tel: [phone]
Optiva Securities Limited
Jeremy King / Vishal Balasingham	Tel: [phone]

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 RUB30,000 (£335) for an average duration of less than one month.

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