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

7651

Submission date and time

16.12.2019 17:10:00

Content of announcement in Estonian

Title

Baltic Horizon Fond avaldab osaku puhasväärtuse 2019. aasta novembri seisuga

Message

Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2019. aasta novembri lõpu
seisuga on 1.3340 eurot osaku kohta. Fondi osaku puhasväärtuse muutus võrreldes
eelneva kuu lõpu seisuga on +0.83%. Fondi puhasväärtust mõjutas positiivselt
renditegevusest teenitud rahavoog ja muutus rahavoogude
riskimaandamisinstrumendi reservis. Fond teenis 2019. aasta novembris
auditeerimata konsolideeritud puhaskasumit 1,112 tuhat eurot.

Lisainformatsiooni saamiseks palume ühendust võtta:

Tarmo Karotam
Baltic Horizon Fond, fondijuht
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=nETQLeGfZXficIkm2o1Rd8ngcZYR-
QEF2i9rfdrt5drF4tfV4sxZaHt5yIxL2-QKJ7AAjDLZVnWNIPezOv-
KE9s1b3uLTs6IfCJrTz89Y4WIrOBftamYsFQC_gxq_9fyjkeApvEFUxyWQFWyyxv-quBVu5sd5GgSX1-
N-u5IbLorYu1S2lU-VC1QDrawsFKWo9YUIDGDrTT-sw-
falHbn3LZlfX6WqCruLffcnUOiX5_t4xXw1JXj5YKkIKoK3gY9qMLYbh7mYoWPJaimn2-
6SgOMlzJqKqQFYsn66sFHkPUtZVwZdYLLf4gis9WMa--ezsxwJ2wl0TfzEjXCjU4pwmNfDbyuKwaedni
u2T0qLoKoBH-pcythX2tILdpl63v77Lw4qGDvCwkzEVO8cueeYLR_iI3ztWs3I0VLjW6KkXrTIiGnI9z
toRSYDW0LgvGBnEH8Y8ZdkphvTN1CwvgetB3amX_qpJ6vsBy_qzVxLlDs1LhafcsUHdg4qF-E5LDGB9Y
MZ5_QbJmQssOH9iVBzGzq5Fc6lg7WwH-Wi5yn9VRc-Vl7Z4cpUnKYBRMuvjxhcoDmbsL2187003bI3UI
a-qyW8n6UDvJWRKZ59yHuRyBJB8szgDi46Tn9fA-B54cXxg-uJ6xIc5H1eoxvfgieV670Xs-x-qb3WH8
Ys2sRC57-OQY3CJ-C1Jl3ipVEIcnxZTUFiohbUciOwqnw6N0AdtwOAhtYsNrBX5tlZwmKc4sfZMsb_UJ
nnk6VWF9SV2O3Ki0JSw5WMZYlsOca84tekDh1ipr2cOnbU_nq_EBHTHbE0coJdwzwWo2T7lEmNJIQyCi
8YBcm5IOXxMAisqbUK2KYkp1BB3k420IEbPEAnAPTyd1JZ4_G0DBPE4_RIG96pTSl4H1TL4F_iGhtYm2
2LZTRwgpGzl9ZxMJ5cp-0Y3ez2jUgcORpAlJ3hFwLUuXgLsqqyTunjxKpgXKBHqy7hRNWusFH6yiIPV5
wokXxhzqbxipXrxiCjrqnYzJEH0DsjszZwPmd5P_0FyVSe6yjmCXDMinFuhUT13l3694XBvZIJFZ-Y_7
wWToTmeaCkVL_vRg3j5Kt6MK_EBazoqR1eA8ILChSaBp4VzN23SOFUBGP8JNmxvSiSaq3S5bi7VHdfzj
4OJ7EnSM1i_1sJ1S8qn0GvGliWmtgHYw081LWHPQ6T7Fat0pj5mk6DmotLb2p2t0oHgvPmpEmnebQ9Yd
IzPvyU1lxK-oy5vxRighemLMfapMHOETqs7qvzEn_J_bCcceA76PB5tuwdZcF1J8G29aB0uIc9Jjc_7-
4yPUCG94N918-d0WmuXgaOrEK5dimk5L20IDJu_qOQWlRxUqTlLhVmhUzQp9hhwaqg7A0YXKDSLKzznq
9OJpjuq-lQCUtiJADmasrQ2W1mem5Bd1HsxH0GGzMGQT5li3GaraoXkgW8pNu4f7-SfqsJbc-Wam66Mk
reieTGzRQeU_Ejf9ltToTjLOq1tlKHBvh1FHFeVc40XOft1VZW37KLoFLyddPPPds8WaPneOwgXwp6Kg
HYoLEYSBZ4yQWSlA6dAHJPOzDkznkyCKE_D3IEFvZoRds_I2U4Jj_r99CKSCnkPXS37tw1Tr4Ci3HhhQ
gXlyPem2tJr0Q5BFLG6dnxeleesRP9Ds3Mmh5qtAp8-Eu-JAbR_XS1xZizkKEfoUj5XQhmreBS0_kHIN
KZhknfRvOgiCD2TB68Kv5OAmWuXgvl2b1fQi8iruRFEG6hLWMcAIS_IQLDihgvtO9i0oUlyMIMWMrGL-
F_HRxSURo5pEjT91HXV_wfvOHNZD45DN60tknmRhkh6h6hLJrI8GC_pGbrfwglck1kpbTpb-tXglCq2A
yOx_doLP--PH4CxOKE9MMrYzGsDBsUXml32SkjAFGrEb84MbUrYzC9WiVarAPRYgj4GsM5igqX8JRMnX
XM_TM1PKP3Ub1e4oKGpB2qRC5jpZmXEHJZjJ96mCAzTCCksqfy56zbRqHNR-EVbrpXBWEOIto78xIinz
1dBS5)
www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=KOcAUT6sLiATuBNToKqYZI2Z8FTdRZmF6S-
cPq2T11e4uTE4e1DhscmLAj5H5fJ48sArkr0vCxD7Fv9UKj_YzquBDqTRIKVvLRbPETDEXN9Alx1Belf
9dPWBgOaU1JnwX0y3NwowNXyDnVO5JRdQBoTf3vqmsUi8EbTQs_ACCKaz-
sO_KqFutGfV9AeZ5pwjSqeAy10v0xwNRYTLGtml7Yj5QUZn6DzNMxYD293Yva_mB6TGAV4L3H41LfLCm
tQ-
8oAHapYSYY8pM24NSGu6DWe4PovM1wQPW3RElAmVQ5SuRN4m5lV3kc6ifFkSoeQMhXpC1anYdAxQIrzs
xWjrCjybqRErQJmXBUfSr4BkPGq0eduef2ve9JKEUr53_FqbE-
uytVsAuOTLEpqlrRmrGXHd23I8D2gGRsplqaO-UYFl7nNi_m_dZlzrj_qjvqs5coOTalvCAbSzK5-
J680wJNgT2v7xc-E6O7XHrnyilJEWJEof_vAZDD2xGzr7OPG36atzXwSa0m7vyjvUdkEG-
jn8c2vMB7CTT7DhIsX3K7p6PHVl091xsJjua8ExBnENuTag9XnUfRvjLTGyS8c_Dwuk303KOyDFyKKsn
UWnoGmXAYG0UyjStPQiv0ayDtE0wQXskwaddeB76BmfD0hCnHsnrnUbj2bjSzfkQ_Ck932n0sI9xeR37
oUQm-
4E8J3Ip49XwwFCsLto4FulVlRg867Q8eiDcU2q_880XHBN9CuSOU7Wxyqswl8bysPUe5TGqaw0ZYKlAh
NFPWyYjBH_dPGhegHmDIHZ-
swkSRyf9wfQn93iQbl3QmQkvIorZ3xD9MtFMhdI1als_sY5vXZyThbIlxF3HiUdPQfjnSOFcr1-
ZKjt65py23F6Gg2nVO3bJRK9sROxde_yVMADk6fqjSrWEyuV3jiIAqfQ9YUADyTU6StIvnZ66k1ytqCx
Z6svpjqvjjfQ2jJ5ySweJSBZXyu56X-sf_0By7lQpqmcAt2yLq-
Kdeg1lqq0WPs05vD6SWvTJBlwclRedZ5sG3c0R5LsOSkhiaBYPb629jF6wjbs9Se5AVtuuIVwyYgdVZb
kZ8wC_7wNsCuous2A97bWp97N96JPVGp7FypEHDE6tL2n1TscZJdAmcBhZp7YaIlDpteiBGA8-
P4fPjyy9VVHTMKzN__CO2tet6C63OY5dWK303QZTIQK_WPhHmdXqQEhUBz7temmG7pCBwPpAkqtcRaNa
BbVXfw4xiVqTR7eXd3OzUjZw_w0hg4pdLlWmMkyB8bgFbb3V2lgWDGQnHOXAo8jUaxbyHiXpMwnUBm_j
PAtdpEgI0HPigGUrbpORHLmdrAVlvIwuEPKgdR-
7XdmY1RT1xC6QWDIyX4LzWSTVsm5dUDCB8MM97mkERqc3Xj2olSOReF-9gn-Yj-OQJ-
_A5cG5sv9RIBK8USxgLur-
MkAG3eWPY94Fu3dhMdM4swjeZ7QCjEbo7mUoiUgkiTflF_BE_IiiSYj5aNengk7ZPYZ1B7lOmA-7_-
qTxhsI5wCHWhku0LtbwQ8zO9LN0ILdBLdF2PfuqAud5lmiGaL8xH32rX_IS34VV_OKxIvvfm68J17HkR
w-s4-_40Koq2Qqpsvz-
drMb8MLoUen6JSbqQcnoNZtN3NYklRds95UWh0QauX7wZceAYOdvf3s9fukyC2RZ4BmYBCkYHxQBOs99
myuUQBBQvUyayM14iWyFoq0U10FzkU0EAVxor48rX-iShx-
l7BapLHWjoiflewUpiwCwchRVS3zSTmnIU_hkQ7cKviOHDZYaQDNdmqt1X0_5pg4I5u9Rt0W0U7F8Dxg
GzJPXvYLtT2fSe5auRI4YdYJGGXHss2LXNQrjwlBhqmB5GvOkMi4__WvfUJt1VAbarKLBR8dabs-
GnUAxzUXc8GTJkwLePXrOps_lI0mgIpGOYNpzLQ6gwJfo8jw6-
JnRHSby7g68EMnNWE6iUkYMRttHvwR0r7nipqhOs2bFHfxxryRZzoFRRa7uIeqE0O8wQSzmTBGbsGxIU
Sz)

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 November 2019

Message

Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as at end of
November 2019 amounted to 1.3340 EUR per unit. Compared to the previous month,
NAV increased by +0.83%. The NAV increase was mainly affected by operating
performance of properties and positive cash flow hedge reserve movement during
the month. The Fund earned an unaudited consolidated net profit of EUR 1,112
thousand in November 2019.

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