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
7119
Submission date and time
19.02.2019 18:00:00
Content of announcement in Estonian
Title
Baltic Horizon Fondi teade osakuomanike erakorralise üldkoosoleku tulemuste kohta
Message
19. veebruaril 2019 toimus Stockholmis, Rootsis Baltic Horizon Fondi
osakuomanike erakorraline kordus-üldkoosolek.
Korduskoosolek kutsuti kokku, sest algsel üldkoosolekul 29. jaanuaril 2019 ei
tulnud kokku vajalikku kvoorumit. Kooskõlas Baltic Horizon Fondi reeglite
punktiga 10.11 on korduskoosolekul võimalik otsus vastu võtta hoolimata
koosolekul esindatud häälte arvust, kui Fondi reeglites pole kirjeldatud
teisiti.
Osanikud otsustasid välja lasta uusi Baltic Horizon Fondi osakuid järgmistel
tingimustel:
a. Uued osakud antakse välja hinnaga, mis vastab Baltic Horizon Fondi osaku 90
päeva kaalutud keskmisele hinnale Nasdaq Tallinna börsil, arvutatuna päeval,
mis eelneb vastavalt:
* investoriga märkimislepingu sõlmimise kuupäevale; või
* märkimisperioodi esimesele päevale; või
* märkimiskorralduse kuupäevale.
b. Uute osakute väljalaskmisest saadavat tulu kasutatakse uuteks
investeeringuteks kinnisvaraobjektidesse;
c. Uued osakuid antakse välja ühes või mitmes osas 2019.aastal, vastavalt
Northern Horizon Capital AS-i otsusele ning uute kinnisvaraobjektide
omandamisest tulenevale finantseerimisvajadusele;
d. Uued osakud antakse välja mitteavaliku pakkumise raames, s.t. avalikku
pakkumist ei korraldata ning prospekti ei registreerita. Uued osakud
esindavad 12 kuulise perioodi jooksul vähem kui 20% Baltic Horizon Fondi
juba kauplemisele võetud osakute arvust.
Otsuse poolt hääletas 100% koosolekul esindatud häältest (11 520 712 häält).
Otsusele vastuhääli ei antud. Seega oli otsus vastuvõetud.
Koosoleku protokoll tehakse kättesaadavaks seitsme päeva jooksul Baltic Horizon
Fondi kodulehekülje vahendusel.
Lisainformatsiooni saamiseks palume kontakteeruda:
Tarmo Karotam
Baltic Horizon Fondi fondijuht
E-mail [email protected] (mailto:[email protected])
(mailto:[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 Announces Results of Extraordinary General Meeting
Message
A repeat extraordinary General Meeting of Baltic Horizon Fund investors took
place on 19 February 2019 in Stockholm, Sweden.
The repeat meeting was convened as no quorum was reached at the initial General
Meeting on 29 January 2019. Pursuant to section 10.11 of the Baltic Horizon Fund
rules, a repeat meeting is permitted to adopt resolutions regardless of the
number of votes represented at the meeting, unless described differently in the
Fund rules.
The investors resolved to issue new Baltic Horizon Fund units under the
following conditions:
a. The new units are to be issued at a price corresponding to the weighted
average price of Baltic Horizon Fund units on the Nasdaq Tallinn Stock
Exchange during the 90 days preceding to (as applicable):
* the date of concluding a subscription agreement with an investor; or
* first day of the subscription period; or
* the date of the subscription order.
b. Proceeds from the issuance of new units will be used for new investments
into real estate properties;
c. The new units will be issued at once or on several occasions in 2019, as
decided by Northern Horizon Capital AS, based on the funding needs for new
acquisitions of real estate properties;
d. The new units will be issued by way of private placement, i.e. no public
offering will be made and no prospectus registered. The new units to be
issued represent, over a period of 12 months, less than 20% of the number of
Baltic Horizon Fund units already admitted to trading.
100% of the votes present at the Meeting voted in favour of the resolution to
issue new Baltic Horizon Fund units by way of private placement (11 520 712
votes). There were no votes against the resolution. Thus, the resolution was
adopted.
Minutes of the meeting will be posted on the Baltic Horizon Fund website within
seven days.
For additional information, please contact:
Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected] (mailto:[email protected])
(mailto:[email protected])www.baltichorizon.com
(http://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)