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
6137
Submission date and time
31.05.2017 15:15:00
Content of announcement in Estonian
Title
Baltic Horizon Fond registreeris pakkumisperioodi pikendamiseks prospekti lisa
Message
Fondivalitseja teatas 9. mail 2017 Baltic Horizon Fondi (Fond) uute Fondi osakute täiendava avaliku pakkumise ja noteerimisprospekti (Prospekt) registreerimisest Finantsinspektsioonis ja uute Fondi osakute avalikust pakkumisest. 22. mail 2017 registreeris Finantsinspektsioon Prospekti lisa seoses Fondi investeerimisplaani ja finantsinformatsiooni täiendamisega. Fondivalitseja on otsustanud, pärast konsulteerimist pakkumise korraldajate ja müügipartneriga, pikendada pakkumisperioodi, andmaks rahvusvahelistele investoritele piisavalt aega märkimiseks. Täna, 31. mail 2017 registreeris Finantsinspektsioon teise Prospekti lisa, mille sisuks on järgmised muudatused: · Pikendada Fondi osakute pakkumisperioodi ja muuta sellega seotud olulisi kuupäevasid; · Muuta pakkumise osaku hinda selliselt, et see vastaks Fondi osaku puhasväärtusele 31. mai 2017 seisuga; · Uuendada ülaltoodud muudatuste valguses Prospekti kokkuvõtte sektsioone C11 („Kauplemisele võtmine“) ja E3 („Pakkumise tingimuste kirjeldus“). Uus pakutavate osakute hind arvutatakse ja avaldatakse hiljemalt 15. juunil 2017 Fondi veebilehel (www.baltichorizon.com) ning Nasdaq Tallinna börsi (www.nasdaqbaltic.com/market/) ja Nasdaq Stockholmi börsi (http://www.nasdaqomxnordic.com/) kaudu. Uus pakutavate osakute hind ei ületa 1.3450 eurot. Uus pakkumisperiood on 9. mai 2017 kuni 20. juuni 2017 kell 15:00 (CET). Seoses sellega uuendati Prospekti lisas ka osakute jaotamise, arveldamise ja kauplemisele võtmise kuupäevasid. Prospekti lisa koos selle eesti, soome, rootsi ja taani keelsete kokkuvõtetega avaldatakse elektrooniliselt Finantsinspektsiooni veebilehel (www.fi.ee) ja Fondi veebilehel (www.baltichorizon.com). Investor võib paluda Prospekti lisa ja kokkvõtte saatmist elektrooniliselt tema poolt antud e-posti aadressile, saates e-kirja aadressil [email protected], samuti Prospekti ja selle kokkuvõtte paberkandjal üleandmist Fondivalitseja aadressil Tornimäe 2, 10145, Tallinn. UUENDATUD KUUPÄEVAD · 20. juunil 2017 märkimisperiood lõpeb; · hiljemalt 21. juunil 2017 otsustab Fondivalitseja Pakkumise Osakute jaotamise; · eeldatavalt 26. juunil 2017 kantakse osakud investorite või nende nimel tegutseva isiku väärtpaberikontodele iga investori poolt märgitud osakute ostuhinna makse vastu; · eeldatavalt 26. juunil 2017 või sellele lähedasel kuupäeval noteeritakse Pakkumise Osakud Nasdaq Tallinna börsil; · eeldatavalt 30. juunil 2017 või sellele lähedasel kuupäeval on Pakkumise Osakute esimene kauplemispäev Nasdaq Stockholmi börsil Lisainformatsioon: Tarmo Karotam Baltic Horizon Fund, fondijuht E-mail [email protected] www.baltichorizon.com Fond on registreeritud lepinguline avalik kinnine kinnisvarafond, mida valitseb alternatiivfondivalitseja Northern Horizon Capital AS. Nii Fondi kui ka Fondivalitseja üle teostab järelevalvet Finantsinspektsioon. Avaldamine: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com Käesolev teade sisaldab informatsiooni, mille Fondivalitseja on kohustatud avaldama Euroopa Liidu turukurvitarvituse määruse kohaselt. Informatsioon esitati avaldamiseks 31. mail 2017 kell 14:38 Eesti aja järgi ülalmainitud avaldamiskanalite esindajatele.
Content of announcement in English
Title
Baltic Horizon Fund registered a supplement to the prospectus to extend the offer period
Message
On 9 May 2017, the management company Northern Horizon Capital AS announced of registration of prospectus for public offering and listing of new units of Baltic Horizon Fund (the Fund) with the Financial Supervision Authority (the Prospectus) and of the public offering of new Fund units. The Financial Supervision Authority registered on 22 May 2017 a supplement to the Prospectus in relation to supplementing the investment pipeline and the financial information. The Management Company has decided, after consulting with the managers and sales partner of the offering, to extend the offer period to allow international investors sufficient time for subscribing. Today, on 31 May 2017, a second supplement to the Prospectus was registered with the Estonian Financial Supervision Authority. Prospectus supplement was registered for the following amendments: - to extend the offer period and related key dates of the offering; - to amend the offer price to correspond to NAV of the Fund Units as of 31 May 2017; - to update sections C11 (“Admission to trading”) and E3 (“Terms and Conditions of the Offering”) of the summary to the Prospectus with new information described above. The new offer price will be calculated and disclosed on the website of the Fund (www.baltichorizon.com) and through Nasdaq Tallinn (www.nasdaqbaltic.com/market/) and Nasdaq Stockholm (http://www.nasdaqomxnordic.com/) by 15 June 2017 the latest. The new offer price will not exceed 1.3450 EUR. The new offer period is from 9 May 2017 to 15:00 CET 20 June 2017. Accordingly also the allotment, settlement and listing dates are amended. The Prospectus supplement together with its summaries in the Estonian, Finnish, Swedish and Danish languages are published electronically on the websites of the Financial Supervision Authority (www.fi.ee) and the Fund (www.baltichorizon.com). An investor may ask the Management Company to send the Prospectus supplement together with its summary electronically to e-mail address by sending an e-mail to [email protected] and also delivery of the hard copy of the prospectus and its summary at the location of the Management Company, at Tornimäe 2, 10145, Tallinn by sending an e-mail to [email protected]. UPDATED KEY DATES · on 20 June 2017 the subscription period ends; · on 21 June 2017 the latest the Management Company will decide on the allocation of Offer Units; · on or about 26 June 2017 the allocated units will be transferred to the securities accounts of the investors or persons acting on their behalf against payment for the number of units subscribed for by each investor; · on or about 26 June 2017 Offer Units will be admitted to trading on Nasdaq Tallinn; · on or about 30 June 2017 Offer Units will start trading on Nasdaq Stockholm. Additional information: Tarmo Karotam Baltic Horizon Fund manager E-mail [email protected] www.baltichorizon.com The Fund is a registered contractual public closed-end real estate fund that is managed by 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 14:38 EET on 31 May 2017.