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
8327
Submission date and time
23.10.2020 13:30:00
Content of announcement in Estonian
Title
Baltic Horizon Fond avaldab täiendavate osakute avaliku pakkumise tulemused
Message
22. oktoobril 2020.a kell 16:00 (Eesti kohaliku aja järgi) lõppes Baltic Horizon Fondi täiendavate osakute avalik pakkumine. Kokku märgiti 6 247 904 uut osakut, mis vastab brutosummas 7,2 miljonile eurole. ?Oleme pakkumise tulemustega rahul, arvestades, et praegu on kapitali kaasamine COVID-19 tõttu keeruline. Balti riikidest oleme märkimisperioodi jooksul saanud ligi 500 uut jaeinvestorit ja see oli esimene kord, kui tutvustasime Baltic Horizonit pikaajalise investeerimisvõimalusena ka Leedu jaeinvestoritele. Kaasatud kapitali abil saame edasi liikuda oma planeeritud investeeringutega, hoides jätkuvalt fookuses regulaarsed kvartaalsed väljamaksed investoritele", kommenteeris Tarmo Karotam, Baltic Horizoni fondijuht. Aare Tammemäe, Redgate Capital AS-i partner: ?Baltic Horizon Fondi märkimise tulemused olid rahuldavad, arvestades seda, et paljud institutsionaalsed investorid vajasid oluliselt rohkem aega otsustamiseks üldise majandusliku ebakindluse tõttu. Lisaks tegi Eesti pensionisüsteemi reformi jõustamine kohalikele pensionifondidele keerulisemaks investeerimise kohalikesse instrumentidesse." Baltic Horizon Fondi fondivalitseja Northern Horizon Capital AS otsustas jaotada kõigile investoritele märgitud osakud täies ulatuses. Pakkumise tulemusena suureneb Baltic Horizon Fondi osakute koguarv 6 247 904 osaku võrra ning osakute koguarvuks pärast uute osakute registreerimist Eesti Väärtpaberite Registris on 119 635 429 osakut. Lisainformatsiooni saamiseks palume kontakteeruda: Tarmo Karotam Baltic Horizon Fond, fondijuht E-mail [email protected] www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=b3m46blAgVW1c08stUiNJ6CEYuP0f4V4PfDu NZbSU1_VmtWCOFJIkx0_tYXdUGjpErQuPjdm4rBdC5mah0zM_wQU6OWhvnZOiWzS8cve8OWVnv- MTBmLUZDbHTI_I4vau1o5ofaZkXgSJzHWK3Jtss377E3Tn_uMLH4R-P4dvAAZq2ADpfaCEoFHM4zuO- iTRaIQ3AhaHdrgEoLjfz0jcNg2W7xusrIxfdoWjUBehcPlC8X2- 9Ob70PmHAy4rsfHWloIbBR3qYSup_nAfCfqig==) 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=b3m46blAgVW1c08stUiNJ6CEYuP0f4V4PfDu NZbSU19TpeQ2pn6- 7wvrn7oUSeA8K9EdxhZu1qHQTTrFcIO6CoDqUWpdYNpYZGfAW3Ej7mqoMTdjZX8lJ6TsqDDfpCmvZfl- q8UzYJgP0O3nYOqPPnJ2Mr9HQAZCSjzFnJtwERG3YFlx3RCv9rKccS5D8lNpkfYeGtgDu_9YNd2MnoF2 K1aNCTl3GPo5bDTWVdhmdddsUiHGxsJStEZg69Xaint06vFIGPdF6Xdq_RsRYsbZVw==) Käesolev teade sisaldab informatsiooni, mille Northern Horizon Capital AS on kohustatud avaldama Euroopa Liidu turukuritarvituse määruse kohaselt. Informatsioon esitati avaldamiseks 23.10.2020 kell 13:10 Eesti aja järgi ülalmainitud avaldamiskanalite esindajatele. TEADE EI OLE MÕELDUD AVALDAMISEKS, JAGAMISEKS VÕI EDASTAMISEKS, OSALISELT VÕI TERVIKUNA, OTSESELT VÕI KAUDSELT, AMEERIKA ÜHENDRIIKIDES, AUSTRAALIAS, KANADAS, HONGKONGIS, JAAPANIS, UUS-MEREMAAL, SINGAPURIS, LÕUNA-AAFRIKAS VÕI MUJAL, KUS ANTUD INFO AVALDAMINE VÕI EDASTAMINE EI OLE LUBATAV.
Content of announcement in English
Title
Baltic Horizon Fund announces results of the secondary public offering
Message
Secondary public offering of Baltic Horizon Fund units ended on 22 October 2020 16:00 (EEST). In total, 6,247,904 units were subscribed which corresponds to gross amount of EUR 7.2 million. "We are satisfied with the results, considering the current difficult environment for fund raising due to COVID-19. Nearly 500 new retail investors were onboarded from the Baltic States during subscription period and it was the first time we introduced Baltic Horizon to Lithuanian retail investors as long term real estate investment opportunity. With the new equity raised, we can pursue our investment plans with the continuous focus on regular quarterly dividends", commented Tarmo Karotam, Fund manager of Baltic Horizon Fund. Aare Tammemäe, partner of Redgate Capital AS: "Baltic Horizon Fund units subscription results were satisfactory, considering the tough environment where many institutional investors had uncertainty about the future economic developments overall. Also, passing the new law on Estonian pension fund system reform made it more difficult for the pension funds to look at local instruments." Northern Horizon Capital AS, the management company of Baltic Horizon Fund has decided to allocate each investor all units they subscribed for. As a result of the offering the total number of Baltic Horizon Fund units will be increased by 6,247,904 units and after the new units have been registered with the Estonian Register of Securities, the total number of units will be 119,635,429. For additional information please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail [email protected] (https://www.globenewswire.com/Tracker?data=d1DFOcIw1vVuGzAC66IrLEueM9p8jZMdiNlr esRdQFnKhbFKQDs-scnvst1eKNPtLH- ZzOTVBs75RQBDYEndUUrvzLiJEynHD6FMZVC2h4OvczjvRQqgNG_ohymlMFTMWEJdzo44ZCj5iuxWgl6 -hxh5xjdR44ylwoxTmYFkul_SDvaZ7eEsrQ_mOQ-8SBRU1SyoTYMU- MHc7E9lHPqE56mI3L0mnlY0SrRlKqs9cNn_UOZ99_-TJWya-dMsRg0BYLd27UWivhD8q_mX8IsT5g==) www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=Aqxrt08OJUIgmfyi8DhbEILZJe3WjLs8QSWN KTiGC4uSzcF8iSnmEWph7gfQ06ksd_8O3_xQmJN_8Lp4rv3kNydNfvi3_9aDOGKBKFp7ra9x7aH0OmnV FpZ6GprA2i8bf5zMOOwS8WhqHRhP8uIWgSWm3Hi_VUkmjl5h4WT-db1Egulfj- NbiVadBu2llJ1ThLgTC0gCxBwZ5TXiTfQHJxHyPldO- Y2AdI8VK7VKYUbULJEB1DRjpB3o4qeCQTz0dFEnN86Xfj2Pm4ZOG-wNOA==) 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: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=Aqxrt08OJUIgmfyi8DhbEILZJe3WjLs8QSWN KTiGC4vjE5C3u08oIlcpUD1DhnyFpX4LY2OZuE-MqQeiRcgQrqkr- a9jJwckBca2MQFkqynCGSpVgUwrRmIao6iCC6N05ftT1KuzfgkWrUEdJBQLJ3aDUxxkELPI1Nd-de- WyzvqObvfHqMlzKD7xGpW0lIxWFZAotdquBEC7A6i2PU4S4---dV3c2ROh3ykjY2MI6d2KLMn7y1CUpg j5Gen2sWgTY99Zai-Xto5_LpKbWAH0A==) This announcement contains information that Northern Horizon Capital AS 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 13:10 EET on 23 October 2020. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.