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Ownership of site, copyrights and trademarks
This site is owned and maintained by Danske Bank International S.A. Danske Bank International S.A. reserves all rights with regard to copyright and trademark ownership of all material at 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.

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

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 International S.A. based on information obtained from sources believed to be reliable but which it has not independently verified. Danske Bank International S.A. makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy and completeness. 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 International S.A., its directors, officers or employees accept no liability for any damages or losses arising from the use of this site or its contents. Readers should not rely on any material contained herein and should seek independent advice wherever necessary.

Investment risks
Certain investments and investment strategies may involve significant risk and may not be suitable for all investors. The price or value of an investment may fall as well as rise and investors may get back less than they invested. Past performance is not necessarily indicative of future results. Where an investment is denominated in a currency other than the investor's currency, changes in rates of exchange may have an adverse effect on the value, price or income of any investment. The income from investments may fluctuate, and levels and bases of taxation may change. If Danske Bank International S.A., or another investment firm, is the only market maker in an investment, it may be, or may become, difficult for investors to sell and/or obtain reliable information about the value of the investment or the extent of the risks to which it is exposed. Investments in warrants, options, futures and contracts for differences may carry increased risks, including not only the loss of the amount invested but also the obligation to pay further amounts, and should not be undertaken by inexperienced investors. Investors should make their own investment decisions based on their specific investment objectives and financial position and seek independent investment advice whenever necessary.

Disclosure of interests
Danske Bank International S.A., its affiliates and any of their respective 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 clients on a principal basis) any transactions in any investment (including derivatives) mentioned at this site. The Danske Bank Group's research analysts are not permitted to invest in securities under coverage in their research sector. Danske Bank International S.A., or any of its affiliates, may provide, or have provided, significant advice or investment services (including, acting as underwriter, placement agent, adviser or lender) to any issuer mentioned herein.

US and UK exclusions
In no circumstances should any material at this site be construed as an offer, or the solicitation of any offer, to purchase or sell any investment or to provide investment services. Offers of securities and the provision of investment services can only be made in accordance with applicable law. Any products, services, information or opinions mentioned 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 any U.S. person within the meaning of the United States Securities Act of 1933 nor any person in the United Kingdom.