Terms of use and legal notice: This website belongs to Pilgrim Asset Management Ltd. (PAM). The information and opinions provided herein are solely for information and for use by the recipient. They may be altered at any time and without prior notice. PAM does not accept any liability (including third-party claims) for the accuracy, completeness or up-to-dateness of the information and opinions published herein. This website is not intended for persons or companies who are not permitted by law to access it due to their nationality, place of residence or the location of their registered office or for any other reasons. The information on this website does not constitute either an invitation or an offer or recommendation to purchase or sell investment instruments, to engage in other transactions or to conclude any legal transaction. It should not be treated as aid in decision-making on financial, legal, fiscal or other consultancy issues. Persons accessing this website declare that they have understood, and accept, the terms of use and legal notice relating to this website.