DISCLAIMER, CONFIDENTIALITY NOTICE AND POPI PRIVACY STATEMENT

The information contained in the email and any attachments is confidential to Navigare Securities Pty Limited and is for the use of the intended recipient. Access to the e-mail or any attachments by anyone other than the intended recipient is unauthorised.

If you are not the intended recipient, you may not use, copy, disseminate, distribute, and/or disclose the e-mail, the attachments or any part thereof, or take any action, or omit to take any action, in reliance thereon. If you have received the e-mail in error, please notify Navigare immediately by e-mail on helpdesk@navigare.co.za or telephone on +27 11 853 8700 and thereafter immediately delete the e-mail and any attachments.

Any offensive views and opinions expressed in the email or any attachments are those of the sender and not of Navigare.

The email and any attachments are provided for general information purposes. makes no representations and gives no warranties of whatever nature in respect of the contents of the email and any attachments, including but not limited to the accuracy or completeness of any information contained therein.

Even if you are the intended recipient, all rights in and to the e-mail, the attachments, or any part thereof, including copyright and other intellectual property rights therein are proprietary to Navigare or the third part proprietor thereof. Accordingly, the e-mail, the attachments or any part thereof may not be copied, disseminated, distributed in any form, and/or disclosed without the prior written consent of Navigare.

Whilst Navigare uses due skill, care and diligence and employs appropriate resources, procedures and technology in the electronic transmission of data, as email is transmitted over the Internet which is not under Navigare’s control, Navigare does not warrant the integrity or confidentiality of the email and any attachments or that they are free of errors, viruses, interception or interference. We strongly recommend that you subject this email and all attachments to your own virus scanning and if you suspect that information you have received is not correct that you notify Navigare accordingly.

Navigare does not accept any liability or responsibility of whatever nature for loss damage or expense, howsoever arising from the e-mail and/or any attachments, including without limitation the failure of the email to reach its intended recipient, timeously or at all.

Research Content:
Any research content included in or attached to the email represents the independent research view of the respective analyst. Research recipients are advised that Naivgare may own or have an interest in covered securities from time to time as a function of Navigare’s market-making and/or client order-facilitation activities.

POPI Privacy Statement:
Please follow the link for the our Privacy Statement