Navid Malik
Research Analyst
Collins Stewart Limited

9th Floor

88 Wood Street

London EC2V 7QR

Telephone +44 (0) 20 7523 8000

www.collins-stewart.com

Julie Simmonds
Piper Jaffray Ltd.

1 South Place

London EC2M 2RB

+44 (0)20 7743 8700

julie.l.simmonds@pjc.com