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
9832
Submission date and time
22.09.2022 21:20:00
Content of announcement in Estonian
Title
Baltic Horizon Fund: oluline teave Nasdaq Stockholmi börsil kauplemise kohta
Message
Northern Horizon Capital AS avaldas 23. augustil 2022 börsiteate, milles
teavitas kavatsusest viia läbi Rootsi hoidmistunnistuste ("SDR") avalik
pakkumine, mis oleks suunatud osakuomanikele, kes omavad Baltic Horizon Fundi
osakuid ("Osak"), mis on kaubeldavad Nasdaq Stockholmi börsil ("Rootsi
Investor"). Pakkumise raames annaks iga üks (1) Osak Rootsi Investorile õiguse
see konverteerida üheks (1) SDRiks ("Pakkumine"). SDR-id kavatsetakse noteerida
Nasdaq Stockholmi börsil.
Northern Horizon Capital AS on esitanud taotluse Osakute de-noteerimiseks Nasdaq
Stockholmi börsil. Pakkumine ja sellega kaasnev Osakute de-noteerimine viiakse
läbi vastusena Euroclear Sweden AB-ga sõlmitud Baltic Horizon Fundi osakute
Rootsi registrisüsteemis hoidmise lepingu lõpetamisele, mis tuleneb Nordea Bank
Abp strateegilisest otsusest lõpetada Põhjamaades teatud depooteenuste
pakkumine.
Osakute de-noteerimise täpne aeg sõltub Pakkumise läbiviimisest ja Osakud
plaanitakse de-noteerida Pakkumise lõppedes. Osakute de-noteerimise üksikasjad,
sealhulgas viimane kauplemispäev ning samuti SDR-de kavatsetud noteerimine
Nasdaq Stockholmi börsil avalikustatakse koos Pakkumise algatamisega.
Lisainformatsiooni saamiseks palume kontakteeruda:
Tarmo Karotam
Baltic Horizon Fund, fondijuht
E-mail [email protected] (mailto:[email protected])
www.baltichorizon.com (http://www.baltichorizon.com)
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: important information about trading on Nasdaq Stockholm
Message
Reference is made to the press release published on 23 August 2022 in which
Northern Horizon Capital AS announced the intention to carry out a public
offering of Swedish depository receipts (the ?SDRs") directed to the holders of
the units of Baltic Horizon Fund trading on Nasdaq Stockholm ("Swedish
Investor"). In the Offering, each one (1) Unit would grant to the Swedish
Investor a right to convert it into one (1) SDR (the ?Offering"). The SDRs are
intended to be listed on Nasdaq Stockholm.
Northern Horizon Capital AS has submitted an application to delist the Units
from Nasdaq Stockholm. The Offering and consequential delisting of the Units is
ultimately a result of Euroclear Sweden AB's termination of the affiliation
agreement for keeping the Units registered with its book entry system in Sweden
following a strategic decision by Nordea Bank Abp to exit its Nordic sub-custody
business.
The timing of the delisting is depending on the Offering and the Units are
intended to be delisted at the close of the Offering. The details of the
delisting including the last day of trading, as well as intended listing of the
SDRs on Nasdaq Stockholm will be disclosed in connection with the initiation of
the Offering.
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=)