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
5830
Submission date and time
06.12.2016 17:25:24
Content of announcement in Estonian
Title
Baltic Horizon Fond osakute esimene kauplemispäev Nasdaq Stockholmi börsil lükkub edasi
Message
Northern Horizon Capital AS (Fondivalitseja) kui Baltic Horizon Fund (Fond) fondivalitseja teavitas 1. detsembril 2016 Fondi osakute täiendava avaliku pakkumise tulemustest. Samuti teavitas Fondivalitseja järgnevatest olulistest kuupäevadest Fondi osakute täiendava avaliku pakkumise protsessis, muuhulgas, et eeldatavalt 8. detsembril 2016 või sellele lähedasel kuupäeval on esimene kauplemispäev Nasdaq Stockholmi börsil. Fondivalitseja informeerib, et esimene kauplemispäev Nasdaq Stockholmi börsil lükkub edasi ning eelduslik esimene kauplemispäev on 14. detsembril 2016 või sellele lähedasel kuupäeval. Tähtaja edasilükkumine on põhjustatud viivitusest osakute registreerimise protsessis Euroclear Sweden AB-s. Osakute registreerimine Euroclear Sweden AB-s on eelduseks osakute kauplemisele võtmiseks Nasdaq Stockholmi börsil. Nasdaq Stockholm on juba 30. novembril 2016 teinud heakskiitva otsuse osakute noteerimise kohta Nasdaq Stockholmi alternatiivfondide nimekirjas. Täiendavalt informeerib Fondivalitseja, et kõigi uute Fondi osakute arveldus (settlement) toimus 5. detsembril 2016, mille käigus kanti osakud investorite kontodele, sh kanti Catella Bank S.A ja Catella Bank S.A Rootsi filiaali klientide poolt märgitud Fondi osakud Catella Bank S.A. ja Catella Bank S.A Rootsi filiaali esindajakontodele, millel Catella Bank S.A ja Catella Bank S.A Rootsi filiaal hoiavad väärtpabereid oma nimel, kuid klientide jaoks ja arvel. Baltic Horizon Fond on registreeritud avalik kinnine investeerimisfond ja Baltic Horizon Fondi osakutega alustati Nasdaq Balti fondinimekirjas kauplemist 6.juulil 2016. Fondi börsitähis (ticker) NASDAQ Tallinna börsil on NHCBHFFT, pärast noteerimist saab Fondi börsitähiseks NASDAQ Stockholm börsil NHCBHFFS. Fondivalitseja Northern Horizon Capital AS omab alternatiivfondide fondivalitseja litsentsi. Nii Fondi kui ka Fondivalitseja üle teostab järelevalvet Finantsinspektsioon. Lisainformatsioon: Tarmo Karotam Baltic Horizon Fund, fondijuht E-mail [email protected] www.baltichorizon.com
Content of announcement in English
Title
Baltic Horizon Fund: Delay in first trading day on Nasdaq Stockholm
Message
Northern Horizon Capital AS (the Management Company) as the management company of Baltic Horizon Fund (the Fund) announced the results of the secondary public offering of the Fund units on 1 December 2016. The Management Company also informed the investors about the next key dates in the process of the secondary public offering, among others the first trading day on Nasdaq Stockholm to be on or about 8 December 2016. The Management Company hereby gives notice of a delay. The first trading day of Fund units on Nasdaq Stockholm is expected to take place on or about 14 December 2016. The hold-up is due by a delay in the registration process of the Fund units with Euroclear Sweden AB. Registration of the units with Euroclear Sweden AB is necessary in order to list the Fund units on Nasdaq Stockholm. Nasdaq Stockholm has already on 30 November 2016 approved the listing of the Fund units on the Alternative Investment Funds market on Nasdaq Stockholm. The Management Company further informs that the settlement of all new Fund units took place on 5 December 2016 in the course of which the units subscribed were delivered to investors’ securities accounts. The units subscribed by clients of Catella Bank S.A and Catella Bank Swedish branch were delivered to the custodian accounts of Catella Bank S.A and Catella Bank Swedish branch respectively where Catella Bank S.A and Catella Bank Swedish branch hold securities in their own name, but on account and on behalf of their clients. 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, after listing on NASDAQ Stockholm the Fund will receive a ticker of NHCBHFFS. The Fund is managed by the Management Company 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