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 corporate action

Unique data record identifier

7085

Submission date and time

30.01.2019 13:45:00

Content of announcement in Estonian

Title

Baltic Horizon Fond: Tagasiostu programmi raames omandatud osakute tühistamine

Message

Northern Horizon Capital AS on esitanud Nasdaq CSD SE-le avalduse 255,969 Baltic
Horizon  Fondi osaku  tühistamiseks. Osakud  osteti perioodil 22. oktoober 2018
kuni  14. detsember  2018 tagasiostu  programmi  raames.  Baltic  Horizon  Fondi
osakute   koguarv   enne   tühistamist  on  78,752,800 ning  see  väheneb  peale
tühistamist  78,496,831 osakuni.  Tühistamine  registreeritakse eeldatavalt kahe
tööpäeva jooksul.

Kõik  tagasiostu programmi  raames toimunud  tehingud on  tehtud Nasdaq Tallinna
börsil SEB Pank AS poolt, kes tegutseb Baltic Horizon Fondi maaklerina.

Programm  kestab kuni  19. juunini 2019. Selle  aja jooksul  võib Baltic Horizon
Fond omandada kuni 5 miljonit osakut kokku kuni 5 miljoni euro eest hinnaga, mis
on madalam kui viimane osaku puhasväärtus (NAV).
Lisainformatsiooni saamiseks palume kontakteeruda:

Tarmo Karotam
Baltic Horizon Fond, fondijuht
E-mail [email protected]
www.baltichorizon.com (http://www.baltichorizon.com/)

Baltic Horizon Fond on registreeritud lepinguline avalik kinnine kinnisvarafond,
mida valitseb alternatiivfondivalitseja Northern Horizon Capital AS.

Avaldamine: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com (http://www.baltichorizon.com)

Content of announcement in English

Title

Baltic Horizon Fund: Cancellation of units bought through buy-back program

Message

Northern Horizon Capital AS has applied to Nasdaq CSD SE for the cancellation of
255,969 Baltic Horizon Fund units. These units were purchased between 22 October
2018 and  14 December 2018 under a buy-back program.  The total number of Baltic
Horizon  Fund  units  before  cancellation  was  78,752,800 and will decrease to
78,496,831 after the cancellation. The cancellation is expected to be registered
within two business days.

All acquisitions through the buy-back program were made on Nasdaq Tallinn by SEB
Pank AS, acting as a broker for Baltic Horizon Fund.

The  buy-back program lasts until 19 June  2019. Until then, Baltic Horizon Fund
may acquire up to 5 million units worth up to EUR 5 million at a price below the
most recent NAV.

For additional information please contact:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
www.baltichorizon.com

Baltic Horizon Fund is a registered contractual public closed-end real estate
fund managed by Alternative Investment Fund Manager license holder Northern
Horizon Capital AS.

Distribution: Nasdaq Tallinn, Nasdaq Stockholm, GlobeNewswire,
www.baltichorizon.com (http://www.baltichorizon.com)