This material has been prepared by the ARAM Capital Ltd (“ARAM”) for information purposes only.
It should not be reproduced or disclosed to any other person, without the consent of ARAM.
This material should not be construed as an offer or solicitation to buy or sell of Securities or any other securities, or any interest in any securities, and nothing here in should be construed as a recommendation or advice to invest in any securities.
ARAM acts neither as an adviser to, nor owes any fiduciary duty to any Recipient. This material does not purport to identify all of the risks associated with the Transaction(s). Neither ARAM nor any of its affiliates, agents or representatives makes any representation regarding the provision of advice to any Recipient concerning the appropriate legal treatment, regulatory treatment, accounting treatment or possible tax consequences of an investment.
Each Recipient of the material should make its own independent evaluation of the Transaction(s) and the risks thereof, and of the relevance and adequacy of the information in the material and should make other investigations as it deems necessary, and consult its own legal, tax, and other advisers, in order to determine whether to participate in the Transaction(s).
ARAM makes no representation or warranty (express or implied) of any nature, nor does it accept any responsibility or liability of any kind, with respect to the accuracy or completeness of any of the information or opinions in the material.
However this shall not restrict, exclude, or limit any duty or liability to any person under any applicable laws or regulations of any jurisdiction which may not lawfully be disclaimed.
This material contains certain tables and other statistical analyses (the “Statistical Information”) which have been prepared in reliance on information provided by third parties.
Numerous assumptions have been used in preparing the Statistical Information, which may or may not be reflected in the material.
As such, no assurance can be given as to the Statistical Information’s accuracy, appropriateness or completeness in any particular context, or as to whether the Statistical Information and/or the assumptions upon which they are based reflect present market conditions or future market performance.
The Statistical Information should not be construed as either projections or predictions or as legal, tax, financial or accounting advice.
Any views or opinions expressed herein (including statements or forecasts) constitute the judgement of ARAM as of the date indicated.
