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
9660
Submission date and time
30.06.2022 19:15:00
Content of announcement in Estonian
Title
Baltic Horizon Fond sõlmis raamlepingu Nordic Issuing AB-ga
Message
Northern Horizon Capital AS ja Nordic Issuing AB, tegevusloaga Rootsi investeerimisühing, sõlmisid raamlepingu analüüsimaks Rootsi turul Baltic Horizon Fondi osakuid esindavate hoidmistunnistuste väljastamist. Raamlepingu alusel tegutseks Nordic Issuing AB pärast planeeritava struktuuri õiguslikku ja tehnilist auditit hoidmistunnistuste väljastajana ning Baltic Horizon Fondi hoidmistunnistustega esindatud osakute hoidjana. Koostöö ning kavandatav hoidmistunnistuste väljastamine tuleneb Euroclear Sweden AB teatest Baltic Horizon Fondi osakute Rootsi registrisüsteemis hoidmise lepingu lõpetamise kohta, mille põhjuseks oli Nordea Bank Abp strateegiline otsus lõpetada Põhjamaades teatud depooteenuste pakkumine. Baltic Horizon Fond informeeris investoreid lepingu lõppemisest 29. septembril 2021.a. Northern Horizon Capital AS ja Nordic Issuing AB tegutsevad eesmärgiga tagada Rootsi investoritele alternatiivse lahenduse olemasolu enne Eurocleari lepingu lõppemist. Lisainformatsiooni saamiseks palume kontakteeruda: Tarmo Karotam Baltic Horizon Fund, fondijuht E-mail [email protected] (https://www.globenewswire.com/Tracker?data=PzsCTdcuGgS48ZF9cEjGDLIWoc5ZAOTZuCeJ 8Zxj2YtxG_d2B1g-GVagW-8VU4u3DMRKTQSk8mwgwy4HUEjR6KpRqn8Sx8orUmj-q4MpAi8=) www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=g2292570hdduArvmb1v14FL6ZSussCrf5- oeyl93S8nyw2EbcBkUIVcMqyf53TKKG5tg4Ji5LPKehNTFh4_xN1DEkox8HqnI1JSndHFz07Q=) 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=g2292570hdduArvmb1v14FL6ZSussCrf5- oeyl93S8lIUsQ2cgWxxmxbmEZZFWycEup_hTsNpdiUD8xuqHw_4HgkCmA5iyWp_vDwO7ucvZY=)
Content of announcement in English
Title
Baltic Horizon Fund has signed a framework agreement with Nordic Issuing AB
Message
Northern Horizon Capital AS and Nordic Issuing AB, a Swedish licenced investment firm entered into a framework agreement to explore the possibilities of issuing Swedish Depositary Receipts (?SDR") representing Baltic Horizon Fund units on the Swedish market. According to the framework agreement, after legal and technical due diligence of the intended structure, Nordic Issuing AB would act as the issuing agent of the SDR-s and safekeep Baltic Horizon Fund units to be represented by the SDR-s. The cooperation and intended issuance of SDR-s is planned in response to Euroclear Sweden AB-s decision to terminate the affiliation agreement for keeping Baltic Horizon Fund units registered with its book entry system in Sweden, taking place due to a strategic decision by Nordea Bank Abp to exit its Nordic sub-custody business. Baltic Horizon Fund informed the investors of the termination on 29 September 2021. Northern Horizon Capital AS and Nordic Issuing AB are determined to work towards having the alternative solution in place for the Swedish investors before the termination of Euroclear agreement. For additional information, please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail [email protected] (https://www.globenewswire.com/Tracker?data=PzsCTdcuGgS48ZF9cEjGDLIWoc5ZAOTZuCeJ 8Zxj2YtxG_d2B1g-GVagW-8VU4u3DMRKTQSk8mwgwy4HUEjR6KpRqn8Sx8orUmj-q4MpAi8=) www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=g2292570hdduArvmb1v14FL6ZSussCrf5- oeyl93S8nyw2EbcBkUIVcMqyf53TKKG5tg4Ji5LPKehNTFh4_xN1DEkox8HqnI1JSndHFz07Q=) Baltic Horizon 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. Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=g2292570hdduArvmb1v14FL6ZSussCrf5- oeyl93S8lIUsQ2cgWxxmxbmEZZFWycEup_hTsNpdiUD8xuqHw_4HgkCmA5iyWp_vDwO7ucvZY=)