NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN
SUCH CIRCUMSTANCES IN WHICH THE PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
On 1 November 2017, Northern Horizon Capital AS (the Management Company)
announced of the secondary public offering of new units of Baltic Horizon Fund
(Offer Units). The Management Company also announced that the offer price of
the Offer Unit (the Offer Price) will be the NAV of the unit of Baltic Horizon
Fund (the Fund) as of 31 October 2017.
Net asset value (NAV) of the Fund unit as of 31 October 2017 amounted to 1.3266
EUR per unit. Therefore the Offer Price is EUR 1.3266 per Offer Unit. The Offer
Price is the same for institutional investors and retail investors.
Additional information:
Tarmo Karotam
Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com
www.baltichorizon.com
The Fund is a registered contractual public closed-end real estate fund that is
managed by an alternative investment fund manager license holder Northern
Horizon Capital AS. Both the Fund and the Management Company are supervised by
the Estonian Financial Supervision Authority.
Distribution: Nasdaq, GlobeNewswire, www.baltichorizon.com
This announcement contains information that the Management Company is obliged
to disclose pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the above distributors, at
14:32 EET on 8 November 2017.
The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the
United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore,
South Africa or such other countries or otherwise in such circumstances in
which the release, publication or distribution would be unlawful.
The information contained herein does not constitute an offer to sell or the
solicitation of an offer to buy, Invitation to subscribe for Offer Units is
will only be made through the prospectus and only to the persons to whom the
prospectus is addressed. A prospectus contains, among other things, risk
factors as well as financial statements as well as other information. This
release has not been approved by any regulatory authority and is not a
prospectus. Accordingly, investors should not subscribe for or purchase any
securities referred to in this release except on the basis of information
provided in a prospectus. There shall there not be any sale of the securities
in any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration, exemption from registration or qualification under the
securities laws of any such jurisdiction.
This communication does not constitute an offer of securities for sale in the
United States. The securities have not been and will not be registered under
the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the
applicable securities laws of any state of the United States and may not be
offered or sold, directly or indirectly, within the United States or to, or for
the account or benefit of, U.S. persons except pursuant to an applicable
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act.
This communication does not constitute an offer of securities to the public in
the United Kingdom. No prospectus has been or will be approved in the United
Kingdom in respect of the securities. Consequently, this communication is
directed only at (i) persons who are outside the United Kingdom, (ii) persons
who have professional experience in matters relating to investments falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order"), (iii) high net worth entities falling
within Article 49(2) of the Order and (iv) other persons to whom it may
lawfully be communicated (all such persons together being referred to as
"relevant persons"). In addition, this communication is, in any event only
directed at persons who are "qualified investors" pursuant to the Prospectus
Directive (2003/71/EC, as amended). Any investment activity to which this
communication relates will only be available to, and will only be engaged with,
relevant persons. Any person who is not a relevant person should not act or
rely on this document or any of its contents. |