Disclaimer

Introduction
Please read this notice carefully. By accessing this site, you agree to be bound by the following terms governing the use of this site and any material contained herein.

Ownership of site, copyright and trademark
This site is owned and maintained by Danske Bank A/S. Danske Bank reserves all rights with regard to copyright and trademark ownership of all material on this site and will enforce such rights to the full extent of the law. Any duplication or redistribution of the information on this site is prohibited.

Particulars
Danske Bank A/S is a European Authorised Institution under the Banking Consolidation Directive 2000. It is regulated by the Danish Financial Supervisory Authority (Finanstilsynet) and in the conduct of designated investment business in the United Kingdom by The Financial Services Authority.

Restrictions
The contents of this site may be accessed by, issued or passed on to a person in the United Kingdom only if that person is an "investment professional" as described in Article 19 of the Financial Services & Markets Act 2000 (Financial Promotions) Order 2001. Any information or opinions contained herein are not intended for distribution to or use by any person in any jurisdiction or country where such distribution or use would be unlawful and, specifically, are not intended for distribution to or use by any "US Person" within the meaning of the United States Securities Act of 1933, nor any personal customer in the United Kingdom.

No offer for financial instruments
The contents of this site are for information purposes only. Any information or opinions contained herein have been produced by Danske Bank based on information obtained from sources believed to be reliable but which have not been independently verified. Danske Bank makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy and completeness of such information or opinions. Neither the information nor any opinion expressed herein constitutes an offer to buy or sell any investment. Such information and opinions are subject to change without notice. Danske Bank, its directors, officers and employees accept no liability for any damage or losses arising from the use of this site and its contents. Customers should be aware that the regulatory regimes and compensation arrangements in overseas locations will be different in each jurisdiction. Readers should not rely solely on material contained herein and should seek independent advice wherever necessary.

Disclosure of interest
Danske Bank A/S, its affiliates, and any of their directors, officers or employees may, to the extent permitted by law, have a position or otherwise be interested in (including purchasing or selling to their customers on a principal basis) transactions and/or investments (including derivatives) mentioned on this site. The Danske Bank Group's research analysts are not permitted to invest in securities under coverage in their own research sectors. Danske Bank A/S, or any of its affiliates, may provide or may have provided significant advice or investment services (including acting as underwriter, placement agent, adviser or lender) to any issuer mentioned herein. Employees of Danske Bank must comply with Danske Bank’s Personal Account Transaction Procedures, including pre-approval by Compliance of personal transactions in equities, corporate bonds and derivatives.

Price information
Prices, rates and values are stated for information purposes only and are indicative, unless otherwise stated. Such prices, rates and values do not necessarily represent the terms on which a new transaction could be entered into or an existing position liquidated.

Linked sites
Danske Bank has not reviewed and is not responsible for the content of off-site pages or any other site linked to this site.

No warranty
Danske Bank accepts no responsibility for ensuring and makes no warranty that functions on this site will be uninterrupted or error-free. Neither Danske Bank nor any of its officers and employees accept any liability for any direct or consequential loss arising from any use of this site or its contents, including any harm or defect caused to your computer as a result of access and use of the server that makes this site available.

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