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
8022
Submission date and time
15.05.2020 23:45:00
Content of announcement in Estonian
Title
Baltic Horizon Fond avaldab osaku puhasväärtuse 2020. aasta aprilli seisuga
Message
Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2020. aasta aprilli lõpu seisuga on 1,3366 eurot osaku kohta. Fondi osaku puhasväärtuse muutus võrreldes eelneva kuu lõpu seisuga on -0,64%. Fondi puhasväärtuse vähenemine tulenes seoses aprillis osakuomanikele rahalise väljamaksete arvesse võtmisega summas ligikaudu 1,70 miljonit eurot ja negatiivsest muutusest rahavoogude riskimaandamisinstrumendi reservis. Arvestamata väljamaksete mõju Fondi puhasväärtusele, oleks renditegevusest teenitud rahavoog ja negatiivne muutus rahavoogude riskimaandamisinstrumendi reservis mõjutanud puhasväärtust +0,48% võrra võrreldes eelmise kuuga. EPRA NAV vähenes 2020. aasta aprilli lõpu seisuga 1,4268 euroni osaku kohta, mis tähendab -0,56% langust viimase kuuga. Fond teenis 2020. aasta aprillis auditeerimata konsolideeritud puhaskasumit 734 tuhat eurot. Northern Horizon Capital AS kui Baltic Horizon fondi fondivalitseja jätkab aktiivset pandeemia majandusliku mõju jälgimist ning hindab regulaarselt Fondi nõudeid ja võimalikke allahindlusi üürnikele. COVID-19 viirusepuhang toob tõenäoliselt kaasa täiendavad eraldised Fondi nõuete osas 2020. aasta teise kvartali jooksul. 2020. aasta aprilli lõpus oli fondil piisavalt likviidsusvahendeid (8 643 tuhat eurot), et katta likviidsusvajadused keset COVID-19 pandeemiat. Lisainformatsiooni saamiseks palume ühendust võtta: Tarmo Karotam Baltic Horizon Fond, fondijuht E-mail [email protected] (https://www.globenewswire.com/Tracker?data=cWe6LqIKcs78eHz71bVGkePALkr5YF5WiVwz yFJZGsn9Dib1OrHjWi5wHIuFt9MnR3qlwWJfJhDfuAUgwnwSXDZ6oXYDeI1uvGbu25DOTHUKRP4dQY9J RhLHu-AYgSuogHAq0gZ-q_NApb7rRC97fDjt-aW-vxyLt90mj1aLRon5K9w0oQF8phzU1f- BH_MmUyuWGuTPqy8bJNjLXnAmOSzSIFPwbdveOa_ozI9G2_rZPEckV5B6wpyInBbZXr1FaC25fJIREhG _tEKsZKd-s- CtjR_ifMh05BZUsXMcAsDxMUYdyZaeA0VHU0LdSeApYighHn5L5OrRHn5P6NbcBImhlPxr1z- zfp0IxcTwprkcDzVlDA-qZZbgfjrA9hXIBqPiPXTjnDq3GH6thqMIAouEHPCFYhlxD0xHJTsj-Y- BI1zI3EXywOefRpelXiRtKwV84UKL_ScRKU-bN3Tb2w- 24HTAehQEOsju2wNW3yoE8b5zie_BDC6MJBClxYsWXLqwAGwx4fNxa4ALHk6PhoGwqnlSjGfX4ncnKPu QNqI9GafF3CAVXZm6x68fJdOPsH5GF6NbjD5qqzhtMgp2XfLdB9zwVNadVxMfbP2Kke1hN8ZNKsNnGgX k2ncvOEd477-MfU0v4qWLJ41f68BCF6FGgREg4A2GL92hW- 09ckdc_ucJr_WPGtCGXe9YT8dbfYOAdrviBykMRmj7mv1QD1_DqdFhADZsBVhZYs- C3eKRbT3VoCZQkXGGrTYzd85ah0BBp2eFpiis2NJiFh4SjjUc5pvD9sOFLKSebm1s3JtphU6wApoZ2U6 Hq3YCL2EoGK7ug63NLy70seOVa7gj3EWixePVMz0Y7qvzE2Q_SJi7I69hpkH8VeiQELfycOOxKKkjiM6 QmOyevI7B6ukfg_XWQGCA- KVv6pPo_YDu4NVqWK3ROPo_hmwDrFQyvvdNY923hrUDdljxAeUdJgxfMlFh32OOK81zLbNs98lSApqWU H7bKTQu8i9nnEdQ3xlsudarjnzOz-VxRjdv9XTQ2J95QzG8-haP- JHRNT2nHWpJiTJERkx_Y6taSioIm8KihPHJkbNiuxDpUXV3pVY2UMYY_zOEs- YVryMfQYHmVThX96jfShZ702OPFCVtCC53G_SaniGDjSsRjiw- O5hVvO5zayBHFnRUicbcL9KK51fnuRtwLh_ZlErVX6DClg6nrXHtscAKFYeEKZo5PNbC3vQYE3brM0CF umuW2iV1z3hQsQyyyZV_QKLr0_LPbO2boM8CTLDwyVHq9fNIQSNiv_SsYRmyBGSUFNIaoQMApaxSS8yd Q9hUlqDGEg_0fIkQ-h3tc0V-F_rtU9QWYOsy5k- l5cAmgeZ094i3bb10vMY6XT9EBsc33TUd5ZHRkvl_KMU-GcnTOXN9Jo0IQATwoGYWYMJcxPTpeuR- C24r5m087yUXp7hrWoSvfuehTk5D_WBxr_-6q0ZnvhnfwSUccI5My8- hiJD402Mj0EQ2DcjrPbiRghwlZE5xVAqvPvyDVEqwi0meFcnGIrJuRepy6eZNfV2SE9Cj8VZZVo0- HCsryRxgoiyczVSNawq8rT1Jec5XIsBVc3j9jjexBOir96clTz9POsq2W_E6nO5Pc2E9TAfisSOGfLRh e3DxBhs-qClaNhqm1eOFLHQl4a_nT3qSWc7MMiB- tSMTVL12pfzIvwvNx8qTB4jftkmbTx0pqvvSz_7iulVeXWm7OjmINLzmVYU4be06iee_H9ztN5OdF7jt _vu3v0-vc2ucp07pXzm9Qt93Qw38sk9-vGuIZlbr5Cbs_DMf- RMfMvXkm9lM8O7MVqgY1X6oLj7lOp2HD2LA1Jwfi4Mg2M1sY1MLtnD1NhXgBrpBQY8JsvzXOqrvsU6DW A9cfeqc5gI5p7fSA0Dwgc4IfZAhh2Y_ZT01vmlbIi5RR530Ld0n_01If0Hxnyh74m3ydYDPSy8jhcZOM SqGpqxe6_6uP7EzoIBueZ0blwDsxKt6Pb97ufIqJXJV8LyUQD-5mGWnw) www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=Dtx9Id7muXerMQ1fx3TF6_GNE2mtZ34oVhL_ FJxw05f-TCUD5oW2KOmFaD4cvul997bhl2lLrGtslNbDY4qCP2ReMEGOIy4gW- seug82g0_V6JQ8burbcurjE9ud6Z4m0jLlm7hRpj7sSvvDQgkfz9d0fMJiSq4Kw- qbhnUuMS3sh06423jNV5LLijZ3sFbCOr3FhGqfuWGRmpW3yLc26LOUIb6YuF1mNT90_oAVNjnTNnzTWC vOqbc65cBzuVdvoheQyB6IAtrByrEJiZP3a0OaK1c65_zaeOyZ1MC4Lu2ZMwSMZnm6vqjQzCyqTIYPWm v8bDwtFO9XZINDDBXLYLC7qRjDGVyoggYOyvTlpQAvfH6yAlZbkjYFGEYoyga_Uf2LQSEMNZqYDq9c3D LEnuo9pYib_3RY7B0B-GFilLK0Rchr2X5lWodZK6A84CJ89O1pepe6HdPR- TQJdvUz3QRnYEr43VDg9ogtu_RNRfC4NxUuPV-w94GVINXTSI459qJRUaaq_CDxK0xycLCcXx6zqQ- xz9yrQgK7yd_PmHXktXjDvUhk-DS-zsB-fBsgXOu3871Adtz804-0U1pZA3Cqg9pkPsBELPkG3Rb2- FfuKNOgGsjSUJ5CDKh_hF1T1JQsJVcCaF0dl9n_vbiNsTmnb1QQKfn83Af7g8cbcLCwUm- H6BP80dL2TfIsomEH4a7IC37E9UPxLQbw- 6ByZd6Fq74RY1TihN_77z36veUSPWhXOvLaG9FvoIOSFNDoJz5NwJdlh48pYKbPPAqzdwEfxdTaiNWfE LyzBoHAsXsfL2LlkBXSZLD7e- X78bTAJJeQUgOkho6TZjbIETFknRwHntipb0QtcIxC7BpfBTWVDsPD7225- IEHNhDLGy0VYNN1miPxrAf5HJBRVP1_kxIDqOYKz_0KjqV7ubg2Pdu- FJziuobe2ikb7eO76Kt2l4mhl4rbSTyGY3t4DcP2Oxb_- 5kmT7sK3mklxz61WSlpYyXuFKsvGj08AMVg9h0n8rodELl_gp31MP6ULSAod69EWVcNhYGF5kch4rimy XCZngsPhHidYNvksXQQtKOMQWFu0j9TpmAtzj- acf4i_oyX9BxNLsE0FM2RaVy17CoAjE6aefXh7zVkfGzZgZlEBRnDgR7n1n5WvfqFhiVzKV03RjvzrRW 81AfRBukT2klcwfjHlxlUdiqlm94c8HgtQxcEcxq9T7- Tp0YrZG7Bi1i1W631h8j6nuEP_LQ9lNURtRHCyUED- MTs4AfRTkfCxCLM0E89jb10YPhiQY_fizTGNQlTF7EDmBHiYk38TWP1uDLnt3hxTq7dUnmgR7rIeiGag 2YO6U0QT1PRp5DOuVUAJITZ0y54mtgua9VzvhRL0ddLhDIzdIF5k2Xj2HjzGUuDiMeKKY53E- XgEVg4RvwOwYrkaRJeZXy- gHU7LDTy9H0dYJ1oLlAVIVEzDke8igyRtkrInitvwuOMkLDog1b5WO7zhvDMK4VbHTcKljmUmQYk5bmc wZwBelSzOahpxsU- Pdi4mhnP5dxvWQ7iNsOLj6gKRH18CNTJU2I3utbTZhyFx3331HzmeC0A8EOBvIzjJH_Ju8AGQNC2CsgR y8uLVPfPNqhmc6ekxp_p2hRa9YfiAtLHuYrvBItJ7xuyninyJ6ugpBEsJSTzeLeeFE_5ymXvcjSFkkit s2W6LD9074zHwZ-Uhb3O7XtztCGlflSOj- BqPGzViznM8jwhgPGeFMVj64rrPnlULnOvvhYF7ZSUBtOaSP5fKJ1FQH8ltAGnrh40sRAoAlZ7OqJvCK hiWOzOK8oNNmxXShg89nRFFfEaBbSwRI_rjgkp4u9p4lJA4f9kwzxOhSm4AiTW4U1y76RDMyB0hcS03K iocI2yg-I-PBxsKRm5Bj7K5ZvidctxwD2FpBm3TD9EwpXn-tkRnJGQcN- fQxNdo1NPt_yVlW1J2G7u05sdB0DNdAkH9vqE4ozM-gslmsMiisS4yuc9bKz- Rxvle5ony2YJ2hlU_v8IXvl324x9g) 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 April 2020
Message
Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as at end of April 2020 amounted to 1.3366 EUR per unit. Compared to the previous month, NAV decreased by -0.64%. The NAV decrease was mainly affected by a declared dividend of EUR 1.70 million recognized in April 2020 and a negative cash flow hedge reserve movement during the month. Eliminating dividend distribution effect to NAV, the NAV increase from operating performance and negative cash flow hedge reserve movement during the month would have been +0.48% compared to the previous month. EPRA NAV as at the end of April 2020 decreased to 1.4268 EUR per unit, corresponding a decrease of -0.56% over the last month. The Fund earned an unaudited consolidated net profit of EUR 734 thousand in April 2020. Northern Horizon Capital AS as the management company of Baltic Horizon Fund will continue to actively monitor the economic impact of the pandemic and assess the Fund's receivables and potential discounts for tenants. The COVID-19 virus outbreak will likely lead to additional provisions on the Fund's receivables during Q2 of 2020. At the end of April 2020, the Fund had a sufficient amount of cash (EUR 8,643 thousand) to cover its liquidity needs amid the COVID-19 pandemic. 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