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
7107
Submission date and time
13.02.2019 11:35:00
Content of announcement in Estonian
Title
Baltic Horizon Fund teeb investoritele väljamakse summas ligikaudu 2,12 miljonit eurot
Message
Northern Horizon Capital AS kui Baltic Horizon fondi (Fond) fondivalitseja võttis vastu otsuse teha osakuomanikele rahaline väljamakse ligikaudu 1.95% ulatuses Fondi 2018.a. neljanda kvartali kaalutud keskmisest puhasväärtusest. Väljamakse suurus kokku on ligikaudu 2,12 miljonit eurot, mis ühe osaku kohta on 0,027 eurot. Väljamakse viimase 12 kuu jooksev tootlus on 7.8% (eelmise kvartali seisuga7.8%), mis põhineb Tallinna börsil oleva osaku neljanda kvartali viimase päeva sulgemishinnal. Fond on 2018. aasta renditulust kokku teinud väljamakseid 8,04 miljoni euro eest (1,90 miljonit eurot esimesest kvartalist, 1,98 miljonit eurot II kvartalist, 2,04 miljonit eurot III kvartalist ja 2,12 miljonit eurot IV kvartalist). Väljamaksed Fondi arvelt tehakse 14.03.2019.a. Väljamakseid on õigus saada osakuomanikel, kes on registrisse kantud kui osakuomanikud 11.03.2019.a. T2S arveldussüsteemi tööpäeva lõpu seisuga (Fikseerimispäev). Lisainformatsiooni saamiseks palume kontakteeruda: Tarmo Karotam Baltic Horizon Fond, fondijuht E-mail [email protected] www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=6G7Sr6G5XIyECesqyeV4f1VAttm- P4O0PzIt6fD08WcVQJDcXsGRhvdArMSKk3Hg5ISrzCEevvL3F1TKboqq9wTPZ_POktUDjGfHtI_P7VY= ) 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 (https://www.globenewswire.com/Tracker?data=6G7Sr6G5XIyECesqyeV4f1VAttm- P4O0PzIt6fD08WdxiVYiBqz3zvRscwqVTuLERe2h7MAEAqFR_4IyKubIJKii11nwCmrgvWCQhh9rz58= ) Käesolev teade sisaldab informatsiooni, mille Fondivalitseja on kohustatud avaldama Euroopa Liidu turukurvitarvituse määruse kohaselt. Informatsioon esitati avaldamiseks 13.02.2019 kell 11:10 Eesti aja järgi ülalmainitud avaldamiskanalite esindajatele.
Content of announcement in English
Title
Baltic Horizon Fund declared approx. EUR 2.12 million cash distribution to investors
Message
Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 1.95% of the Fund's Q4 2018 weighted average net asset value to its unitholders. This equals to approx. EUR 2.12 million in total and EUR 0.027 per unit. The pay-out also represents a 7.8% rolling distribution yield (remained stable in comparison to the last quarter at 7.8%) for the past 12 months based on the closing unit price of the last day of Q4 2018 on Nasdaq Tallinn stock exchange. In total, the Fund has paid out EUR 8.04 million from the operating results of 2018 (EUR 1.90 million from Q1, EUR 1.98 million from Q2, EUR 2.04 million from Q3 and EUR 2.12 million from Q4). Payments will be distributed from the Fund on 14 March 2019. Unitholders entitled to receive distributions will be determined according to a unitholders list as of 11 March 2019 end of business day in T2S settlement system (Record date). 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 (https://www.globenewswire.com/Tracker?data=6G7Sr6G5XIyECesqyeV4f1VAttm- P4O0PzIt6fD08Wd9bO1ES2ppBLQd1LwS81x9mwcUki9OBvhpU3EliP9Y9rBXkMq5_mGty_-E_S- K_9s=) 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 11:10 EET on 13 February 2019.