Legal Disclaimer

Acceptance of Terms of Use

By accessing and using this Web Site you agree to be bound by all terms and conditions contained and/or referenced herein or any additional terms and conditions set forth on this Web Site (“Terms of Use”) and such Terms of Use shall be deemed accepted by you. If you do not agree to all the Terms of Use, you should not use this Web Site.

Luxnext EEIG is an European Economic Interest Grouping regulated under Luxembourg and EU legislation, with currently two members, Euronext N.V. and Luxnext SA and is hereinafter referred to as “Luxnext”.

The sole purpose of Luxnext is, through this service, to make available some information to its members and to the general public, and not to directly or indirectly make a selling or public offer of securities in any country whatsoever. All information contained on or available through this Web Site (“the Content”) is for general information and educational purposes only and does not constitute any investment advice. Luxnext does not warrant the accuracy, adequacy or completeness of the information and materials and expressly disclaims liability for errors or omissions. None of the information contained on this Web Site constitutes an offer, solicitation or recommendation to acquire or dispose of any security or investment or to engage in any other transaction or to provide legal, tax, accounting or investment advice or services regarding the suitability or profitability of any security or investment. Luxnext has not made any recommendations regarding the merit of any company, security or other financial product or investment identified on the Web Site, made any recommendation regarding the purchase or sale of any such company, security, financial product or investment, or endorsed or sponsored any company identified on the Web site.

These Terms of Use, the Web Site and its Content may be amended by Luxnext at any time without notice. In case the Terms of Use are amended, they shall be effective upon posting on this Web Site. Please check the Terms of Use published on this Web Site regularly to ensure that you are aware of all terms governing your use of this Web Site. In addition, specific terms and conditions may apply to specific content, products, materials, services or information contained on or available through this Web Site.

Luxnext has done and does its best effort to verify the correctness of the data available on this Web Site. Due attention should be given to the fact that some Content available on this Web Site is based on external sources. It is provided to you on an 'AS IS' basis without warranties or representations of any kind. Luxnext assumes no explicit and implicit liability in respect of the correctness, fullness and updating of the data supplied on the site or linked to this Web Site through hyperlinks, or in respect of the commercial value of the same. Luxnext therefore recommends you to make no decision on the basis of the data until you have properly checked such data. Furthermore you are hereby advised that, under all and any circumstances, you will be deemed to be fully responsible for the use which you will make of the data.

Luxnext reserves the right to terminate or restrict access to the Web Site for any reason whatsoever at its sole discretion. Luxnext may have to interrupt the Internet service, in whole or in part, without advance notice, for reasons of absolute necessity because of the occurrence of an event which is independent of Luxnext's will. Luxnext shall, to any possible extent, take any required steps to reestablish the connection within a reasonable timeframe. However, Luxnext is in no way liable for such interruptions nor for any delay in the reestablishment of the connection. Moreover, Luxnext is in no way liable for any direct or indirect damages arising in particular from the interruption or dysfunction, for any reason whatsoever, of the Internet service.

Please note that this Web Site includes information provided by organisations other than Luxnext.

Disclaimer

IN NO EVENT SHALL Luxnext BE LIABLE FOR ANY LOSS OR DAMAGES OF ANY NATURE RESULTING FROM, ARISING OUT OF OR IN CONNECTION WITH THE USE OF, OR INABILITY TO USE THIS WEB SITE OR THE CONTENT, EXCEPT AS REQUIRED BY LAW. NOR DOES Luxnext REPRESENT THAT THE INFORMATION SELECTED FOR THE CONTENT IS COMPREHENSIVE, COMPLETE, VERIFIED OR ACCURATE.

Luxnext DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS AS TO THE SECURITY OF THIS WEB SITE. YOU ACKNOWLEDGE ANY INFORMATION SENT MAY BE INTERCEPTED. Luxnext DOES NOT WARRANT THAT THE WEB SITE OR THE SERVERS WHICH MAKE THIS WEB SITE AVAILABLE OR ELECTRONIC COMMUNICATIONS SENT BY Luxnext ARE FREE FROM VIRUSES OR ANY OTHER HARMFUL ELEMENTS.

Luxnext, AND ITS DIRECTORS, MANAGERS, EMPLOYEES, MEMBERS, AGENTS AND CONSULTANTS, MAY NOT BE DEEMED TO BE LIABLE TO ANY PERSON WHATSOEVER FOR LOSSES, DAMAGES, COSTS, AND EXPENSES, INCLUDING LOSS OF EARNINGS, LOSS OF USE, SUBSEQUENT, ANCILLARY, INDIRECT AND DIRECT DAMAGE DUE TO ERRORS, OMISSIONS OR CHANGES IN THE DATA COLLECTED ON THE SERVER OR CONNECTED TO THE SERVER THROUH HYPERLINKS.

Intellectual property

The Content, information, data and other materials on or available through this Web Site are protected by copyright and other forms of proprietary rights. All rights in the Content not expressly granted herein are reserved. You may not copy, reproduce, distribute, publish, modify, transmit, create derivate works, except that you may download materials and data from the service or print a hard-copy version in unmodified form for personal and non commercial use only. Any other use of the Content, including but not limited to distribution, reproduction, modification, display or transmission without the prior written consent of Luxnext is strictly prohibited. All copyright and other proprietary notices shall be retained on all reproductions. Any material or information sent through or in connection with this Web Site by you (“User Materials”) will be treated as non-confidential and non-proprietary, and immediately become the property of Luxnext, subject to any privacy policies posted on this Web Site. Luxnext may use such User Materials as it deems fit, anywhere in the world, without obligation for compensation, and free of any moral rights, intellectual property rights and/or other proprietary rights in or to such User Materials.

Publication of prospectuses

Publication of prospectuses on the website of Luxnext is done in accordance with Articles 16 (4), 38 (4) and 54 (4) of the Luxembourg law implementing Directive 2003/71/EC on the prospectus to be published when securities are offered to the public or admitted to trading.

The issuer, the offeror or the person asking for admission to trading, as the case may be, is responsible for the content of the prospectus. Luxnext is not liable for prospectuses content and does not commit its responsibility regarding the financial and economic opportunity on the substance or on the standing or solvency of an issuer.

Publication of a prospectus does not concur to an investment recommendation. Such publication does not constitute an offer, a solicitation or a recommendation from Luxnext to buy or to sell financial instruments or to participate in any contract.

Access to information contained in a prospectus may be forbidden by legislation of some jurisdictions. When accessing this type of documentation or when doing a subsequent investment, users of Luxnext website should check their personal situation regarding legislation and rules applicable to them. The user must verify that he/she is effectively entitled to be an addressee of a potential offer described in a prospectus and that he/she is not subject to possible access restrictions to this type of documentation or to selling restrictions due to the applicable legislation to him/her.

Access to published prospectuses on the website of Luxnext is free in the context of a personal use. However, the use of such prospectuses with a commercial aim or with the objective to promote the purchase or the selling of securities is forbidden.

Links to other web sites

At various points throughout the Web Site you may be offered automatic links to other internet sites relevant to a particular aspect of this Web Site. This does not indicate that Luxnext is necessarily associated with any of these other sites or their owners. Luxnext provides such links only as a convenience to the user of this Web Site.
Whilst it is the intention of Luxnext that you should find these other sites of interest, Luxnext shall have no responsibility or liability of any nature whatsoever for these other sites or any information contained in them, none of which have been verified or endorsed by Luxnext.
Any third party that wishes to establish links to this Web Site should notify Luxnext of their intention prior to doing so. Luxnext reserves the right to deny permission for any such links to this Web Site. If however Luxnext gives its permission for any such links, Luxnext is not under any obligation to establish reciprocal links with the third party.

Applicable law and access to the website

The information made available on the Web Site and the publication of such information are governed by the law of the Grand-Duchy of Luxembourg. To the extent that the Web Site may be accessed from any foreign location, it is up to the person who connects him/herself to the Web Site to abide by the legislation of his/her country of residence or of connection. Access to the information contained on the Web Site from any foreign jurisdiction is made at the visitor's own risk. Such person will bear any direct or indirect consequences ensuing from an infringement of the relevant legal and regulatory provisions. Luxnext is in no way liable for any such infringement. Luxnext does not intend in any country, directly or indirectly, to solicit business or offer any contract to any person through the medium of the Web Site.

This Web Site is not directed at or intended for publication or distribution to any person in any jurisdiction where doing so would result in contravention of any applicable laws or regulations. It is the responsibility of the individual user to consider his or her legal and regulatory position in the relevant jurisdiction, the risks associated with trading such securities or investments and to ensure that the use of the content of this Web Site and the subsequent making of any investment does not contravene any such restrictions or applicable laws and regulations of any jurisdiction. Potential users of Luxnext products or investments (including those wishing to trade them or to offer and sell them to others) should familiarise themselves with the full contract specification of the security or investment concerned and any associated information. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific security, investment, index, report, opinion, advice or other content.

You should always bear in mind that:

1. The value of investments and any income from them may go down as well as up. You may not get back all of your original investment.
2. Past performance is not necessarily a guide to future performance.
3. Rates of exchange may cause the value of underlying investments to go up or down.
4. Tax arrangements may change.

All stock market based investment is exposed to a degree of risk.

Luxnext EEIG 11, avenue de la Porte-Neuve L-2227 Luxembourg Registered in the Grand-Duchy of Luxembourg n° RC Luxembourg D77