Market announcement
Baltic Horizon Fund / Northern Horizon Capital AS
LEI code
5299008IKT93E4SA0G49
Size of the entity
Small undertaking
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
5706
Submission date and time
04.10.2016 09:36:02
Content of announcement in Estonian
Title
BALTIC HORIZON PLAANIB KAASATA TÄIENDAVAT KAPITALI NING SIHIB TEIST NOTEERIMIST STOCKHOLMIS
Message
Hiljuti noteeritud kinnine kinnisvarafond Baltic Horizon plaanib täiendavat avalikku pakkumist Eestis ja Rootsis ning võimalusel ka Soomes ja Taanis. Pakkumine on suunatud väga laiale investorite baasile Läänemere regioonis. Fondi eesmärk on kaasata kuni 80 miljoni euro väärtuses kapitali uute investeeringute tegemiseks. Tallinn, 2016-10-04 08:36 CEST (GLOBE NEWSWIRE) -- Fond on juba registreeritud Nasdaq Tallinna börsi nimekirjas ning nüüd plaanib fond olla esimene alternatiivne investeerimisfond ka Nasdaq Stockholmi börsil. Baltic Horizon registreerib lähikuudel Eesti Finantsinspektsiooni abil oma uue prospekti. 2016. aasta juunis kaasas Baltic Horizon osakute esmase avaliku pakkumise käigus 29.7 miljoni euro väärtuses omakapitali ning sai esimeseks noteeritud kinnisvarafondiks Baltikumis. Kaasatud kapitaliga soetas kinnisvarafond esimestel kuudel kaks uut ärihoonet. Portfelli koguväärtus on täna 125 miljonit eurot ning täituvus ca 97%. Pakkumise Korraldaja Põhjamaades, Luksemburgis ning muudes valitud riikides on Catella. Catella korraldab samuti jaepakkumist Rootsis ning võimalusel ka Soomes ja Taanis. Swedbankiga on sõlmimisel Kaaskorraldamise leping pakkumise korraldamiseks Baltikumis koostöös LHV pangaga. KPMG Baltics tegutseb Baltic Horizon Fund audiitoritena ning õigusnõustamist emitendile pakub advokaadibüroo Sorainen. Baltic Horizon Fund on äsja asutatud ja Eesti Finantsinspektsioonis registreeritud lepinguline investeerimisfond. Baltic Horizon Fundi osakutega alustati Nasdaq Balti fondinimekirjas kauplemist 6. juulil 2016. Ettevõtte börsitähis (ticker) on NHCBHFFT. Fondvalitsejaks on Northern Horizon Capital AS, mis omab alternatiivfondide fondivalitseja litsentsi. Nii Fondi kui ka Fondivalitseja üle teostab järelevalvet Eesti Finantsinspektsioon. Lisainformatsioon: Tarmo Karotam Baltic Horizon Fund, fondijuht E-mail [email protected] www.baltichorizon.com
Content of announcement in English
Title
BALTIC HORIZON PLANS FOLLOW-ON OFFERING AND SECOND LISTING IN STOCKHOLM
Message
Baltic Horizon, a recently listed closed-end real estate fund is planning a follow-on public offering in Estonia and Sweden with possible offering also in Finland and Denmark, thus targeting a very wide regional investor base. The fund targets raising up to EUR 80 million for its existing acquisition pipeline. Tallinn, Stockholm, Vilnius, Riga, 2016-10-04 08:36 CEST (GLOBE NEWSWIRE) -- While the fund is already listed on the Nasdaq Tallinn Stock Exchange, it is now planning to become the first listed Alternative Investment Fund also on Nasdaq Stockholm. Baltic Horizon will be registering a new prospectus in the coming months with the Estonian Financial Supervisory Authority. In June 2016, Baltic Horizon raised EUR 29.7 million in its initial public offering to become the first Baltic real estate fund that has been listed. Two new acquisitions were made with the offering proceeds shortly thereafter. Fund‘s portfolio is worth around EUR 125 million and has an occupancy of approximately 97%. Catella has been appointed as the Global Lead Manager of the Offering and Lead Manager of the retail offering in Sweden and possibly Finland and Denmark. Catella shall also act as a Lead Manager of the Institutional Offering in the Nordics, Luxemburg and other selected European markets. Swedbank is in the process of being appointed as the Lead Manager of the offering in the Baltics with LHV Bank as Co-Manager. KPMG Baltics is the acting auditor of Baltic Horizon Fund and legal counselling is provided by Sorainen. Baltic Horizon Fund is a registered public closed-end real estate fund and Baltic Horizon units began trading on the Nasdaq Baltic Fund list of July 6, 2016. The company's stock symbol (ticker) is NHCBHFFT. The fund is managed by Northern Horizon Capital AS under an Alternative Investment Fund Manager license granted by the Estonian Financial Supervision Authority. Additional information: Tarmo Karotam Baltic Horizon Fund manager E-mail [email protected] www.baltichorizon.com