Legal Disclaimer


The sole purpose of the Luxembourg Stock Exchange 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.

The Luxembourg Stock Exchange has done and does its best effort to verify the correctness of the data available on its site. Due attention should be given to the fact that some information available on the site is based on external sources. It is provided to you on an "AS IS" basis without warranties or representations of any kind. The Luxembourg Stock Exchange assumes no explicit and implicit liability in respect of the correctness, fullness and updating of the data supplied on the site or linked to the site through hyperlinks, or in respect of the commercial value of the same. Data on the prices of securities is displayed on the website with a 15 minutes' delay.

The Luxembourg Stock Exchange 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.

The Luxembourg Stock Exchange, 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 the Luxembourg Stock Exchange website are protected by copyright and other forms of proprietary rights. 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 for personal and non commercial use only.


No hyperlink from other websites to the Luxembourg Stock Exchange website shall be made without the prior written consent of the Luxembourg Stock Exchange.

Interruption of the service

The Luxembourg Stock Exchange 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 the Luxembourg Stock Exchange's will. The Luxembourg Stock Exchange shall, to any possible extent, take any required steps to reestablish the connection within a reasonable timeframe. However, the Luxembourg Stock Exchange is in no way liable for such interruptions nor for any delay in the reestablishment of the connection.

Moreover, the Luxembourg Stock Exchange 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.

Applicable law and access to the website

The information made available on this website and the publication of such information are subiect to the legislation of the Grand-Duchy of Luxembourg.

To the extent that the website may be accessed from any foreign location, it is up to the person who connects him/herself to this website to abide by the legislation of his/her country of residence or of connection. Access to the information contained on this website 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. The Luxembourg Stock Exchange is in no way liable for any such infringement.

Specific notice relating to the publication of prospectuses

Publication of prospectuses on the website of the Luxembourg Stock Exchange 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. The Luxembourg Stock Exchange 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 sollicitation or a recommendation from the Luxembourg Stock Exchange 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 jurisidictions. When accessing this type of documentation or when doing a subsequent investment, users of the Luxembourg Stock Exchange 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 the Luxembourg Stock Exchange 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.