Edison Investment Research

All research on the website has been prepared and issued by Edison Investment Research Limited for publication in the United Kingdom. All information used in the publication of this research, has been compiled from publicly available sources that are believed to be reliable, however we do not guarantee the accuracy or completeness. Opinions contained in this research represent those of the research department of Edison Investment Research Limited at the time of publication. The research on this website is intended for professional advisors in the United Kingdom for use in their role as advisors. It is not intended for private individuals or investors. This is not a solicitation or inducement to buy, sell, subscribe, or underwrite securities or units. Research is provided for information purposes only and should not be construed as an offer or solicitation for investment. This research is non-objective. Edison Investment Research Limited does not conduct investment business and as such does not hold any positions in the securities mentioned in this report. However its directors, officers, employees and contractors may have a position in any or related securities. Edison Investment Research Limited or its affiliates may perform services or solicit business from any of the companies mentioned in this research. The value of securities mentioned can fall as well as rise and are subject to large and sudden swings. In addition it may be difficult or not possible to buy, sell or obtain accurate information about the value of securities mentioned in this research. Past performance is not necessarily a guide to future performance.