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

7218

Submission date and time

15.04.2019 20:35:00

Content of announcement in Estonian

Title

Baltic Horizon Fond avaldab osaku puhasväärtuse 2019. aasta märtsi seisuga

Message

Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2019. aasta märtsi lõpu
seisuga on 1.3929 eurot osaku kohta. Fondi osaku puhasväärtuse muutus võrreldes
eelneva kuu lõpu seisuga on -+0.42%. Fondi puhasväärtust mõjutas positiivselt
renditegevusest teenitud rahavoog, sealhulgas ka äsja omandatud Duetto II. Fond
teenis 2019. aasta märtsis auditeerimata konsolideeritud puhaskasumit 785 tuhat
eurot. Puhasväärtust mõjutas negatiivselt kuu jooksul muutus rahavoogude
riskimaandamisinstrumendi reservis. Detailsemat teavet tulemuste kohta
esitatakse Fondi 2019. aasta esimese kvartali aruandes.

Lisainformatsiooni saamiseks palume ühendust võtta:
Tarmo Karotam
Baltic Horizon Fond, fondijuht
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=TpIBYgFJzh44eKcVqYBtgns5Ng4b3OUxXoAz
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www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=bRvMYOHkNzxypVIs9MLzJRL1oCOPIxQkuVnq
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ggnHY2EVX-efqFcdg==)

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

Content of announcement in English

Title

Baltic Horizon Fund publishes its NAV for March 2019

Message

Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as of end of March
2019 amounted to 1.3929 EUR per unit. Compared to previous month, NAV increased
by +0.42%. The NAV was affected positively by operating performance of
properties including newly acquired Duetto II. The Fund earned unaudited
consolidated net profit of EUR 785 thousand in March 2019. Cash flow hedge
reserve movement had a negative effect on the NAV during the month. More
information will be provided in the Q1 2019 quarterly report.

Additional information:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=uMlftpVUP59vcFGbVHHzr_KcjChy3SCrD-
dLLbKTf0tYKkwB7G6reju32f7rd8ox82AC6Fn9dBPVvf3Ds42Jh3HUJLP5jcLLX8sWJsVvChk=)
www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=GSQVye1bgzTst_zGKIpP26VIk1zPIzIgVMWj
ti3i1cf-4E0NoN4fd-0Tfskl1CsTlTHoZAL_uWoEIZ8vsfyPcNQbnnYeu2x_1pKetGZPyYM=)

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:  GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com