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
9885
Submission date and time
18.10.2022 21:20:00
Content of announcement in Estonian
Title
Baltic Horizon Fond avaldab tulemused seoses Rootsi Kuningriigis läbi viidud Rootsi hoidmistunnistuste avaliku pakkumisega
Message
Northern Horizon Capital AS teatab käesolevaga, et kuni 119 635 429 Baltic
Horizon Fundi (?Fond") Rootsi hoidmistunnistuste (?SDR") avalik pakkumine
Rootsis (?SDR Pakkumine"), lõppes 17. oktoobril 2022 kell 12.00 CEST. Kokku
konverteeritakse SDR-deks 22 599 522 Fondi osakut ("Osakud"), seejuures iga (1)
Osak konverteeritakse üheks (1) SDR-iks.
Northern Horizon Capital AS on esitanud taotluse SDR-ide noteerimiseks Nasdaq
Stockholmi börsil. SDR-id emiteeritakse ja arveldatakse 19. oktoobril 2022 ja
SDR-idega kauplemise esimene päev Nasdaq Stockholmis on planeeritud aset leidma
19. oktoobrile lähedasel kuupäeval (täpsest kuupäevast teavitatakse eraldi).
Kuna SDR-ide emiteerimine toimub ainult Osakute konverteerimise teel, siis ei
teki Fondil SDR-ide emissiooni kaudu täiendavat tulu. Seega jääb emiteeritud
Osakute koguarv samaks nagu see oli enne SDR Pakkumise läbiviimist, s.o.
119 635 429 Osakut. 22 599 522 Osakut, mis katavad väljastatud SDR-ide
kogusumma, deponeeritakse Nordic Issuing AB, kes on SDR-de emiteerimisagent,
kontole Swedbank Eesti juures.
Pärast SDR Pakkumise perioodi lõppu on osakuomanikel õigus jooksvalt
konverteerida Osakuid SDR-deks (ja vastupidi). Osakuomanikud, kelle Osakuid
hoitakse Euroclear Rootsi juures, on selline võimalus kuni oktoobri lõpuni,
pärast mida määrab Euroclear Rootsi müügiagendi, kes müüb Osakud ja maksab välja
saadud tulu (millest on maha arvatud müügikulud ja kõik kohaldatavad maksud)
vastava Rootsi Investori väärtpaberikontoga seotud arvelduskontole. Täpsem
informatsioon konverteerimise kohta on leitav siit
(https://www.baltichorizon.com/conversion-of-swedish-traded-baltic-horizon-fund-
units-into-sdrs/).
Lisainformatsiooni saamiseks palume kontakteeruda:
Tarmo Karotam
Baltic Horizon Fond, fondijuht
E-mail [email protected]
www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=1BREgYi57J9JHb6CUSAFtRu6lComhNYuOS-
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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=1BREgYi57J9JHb6CUSAFtRu6lComhNYuOS-
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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
Notice on the results of public offering of Swedish Depository Receipts of Baltic Horizon Fund in Sweden
Message
Northern Horizon Capital AS hereby announces the public offering of up to 119,635,429 of Baltic Horizon Fund's (?Fund") Swedish Depository Receipts (the "SDR") in Sweden (the ?SDR Offering") ended at 12:00 CEST on 17 October 2022. In total, 22,599,522 units of the Fund (the "Units") will be converted into the SDRs (whereby each one (1) Unit shall be converted into one (1) SDR). Northern Horizon Capital AS has submitted a listing application for trading the SDRs on Nasdaq Stockholm. The SDRs will be issued and delivered on 19 October 2022 and the first day of trading with the SDRs on Nasdaq Stockholm will be about 19 October 2022 (the exact date will be announced separately). Since the issue of the SDRs was made through conversion of Units only, there were no new proceeds for the Fund to utilise by way of this SDR issue. The total number of the outstanding Units have remained the same as prior to the SDR Offering, i.e. 119,635,429 Units. 22,599,522 Units, covering the total amount of the SDRs issued, were deposited at Nordic Issuing AB's - who is acting as the SDR issuing agent - account with Swedbank Estonia. After the end of the SDR Offering period, the unitholders have a right to convert Units into SDRs (and vice versa) on an ongoing basis. The unitholder who are holders of Units held in Euroclear Sweden will have such a possibility until the end of October after which Euroclear Sweden will appoint a sales agent to sell such Units and pay out the proceeds (less sales costs and any applicable taxes) to the cash account connected with the respective Swedish Investor's securities account. More information about converting is available here (https://www.baltichorizon.com/conversion-of-swedish-traded-baltic-horizon-fund- units-into-sdrs/). For additional information, please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail [email protected] (https://www.globenewswire.com/Tracker?data=dmlykAwAOUidIiVBBx- D1vT9n6tSTaeEc3OHtSaFYBjFYlFI_UPMi2G27LWPH8aLhtjZ1a4GgImtyDhxmqMttH- SLv0n7AFGHzYO4QtY6dprOAjm9Ki_Epl- MBTDoKmUHx1G74oUXaDxS_gAuY9nbPSSxn3wRHwMzPdInTzbYDSRjv7mEWCYYLWo0HE5tbmleV1bSG8c R7ulpPUCguH9IrdA2GoROslPMtmRN3BWhI1Xl7rqF_yQ2BnH1Sv9xQVwWFB_fxNiNtoXKOndZQcmUlUc Nc551O0ECdVDLJ1mly9YjiucJw9KowqP8DhPMZaw4Txrt3aNf_RguHdy-cbag9REwikQJ8- PdR0CzS3KSQviL_DLzGIw0hAj1JHN__dHDAey72uMIPsSyn8Yz8We- VkHZj1LTbUwpvLK8tzge6ZBdPLXHP1pQVoh3Q0ssS_eUQ7JYFWqq6rft2IN6VEEQN5KZqS60EjsWjBpg UFhsv4uSHTwH2hxaSC8pNNSl23O) (https://www.globenewswire.com/Tracker?data=_xjGZFMhzlCU_Mm3uBSdRrS5YOlyrMbr5TxR Z-ZqoxE47dv0- UJqLDHATlZWHgAlXQ4U3UEpxjTOjMojuG137cqG1X7hYFD9Qp1jYgxlU67E9iBfMwDaciF9jg_0Qm07m 53x7rQ-MNoA2JXmn9zXvOycJsWT-xKagXTkNu76RKmTLSZJf_i4vBZTc- degAwsKxibqj3ak29JpC90ALeG6lq6878_N2d9f3oBuoWJd3z09CSdjMLTeVomze16v3SqGDshMIpE1b YpuMyPHWLe5wo-vvcHdV6QoqqRsT_- ShGwmYwrWOGybxXRF705x03rFmnY3KHb5PpcUWMaPBNa7O3_IXnGFOasV4KidKgYVEryHJUwYT5gLPtW 4R9c4p4Y)www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=DwMbhVAEYx8IAkdXELb4D- 9HBvMEvDS2xWgf5gFLuQd9kQGMW6MnL_xM9CWGUnm06lgdoNfUzUOeoetczferx_ZRdv3VysmKQlBoeh TZa_7hp6uHRGostV_hlSoNpGG-FhS7mNbCoGk40FHb- oFr3qiXWdcYPRFDPiezXY7ujXnnyagF7I3KCJam59M4Djkm5d1Cl77ElOP8QClrUpeIUvz_mlKcsxO4G UYycy8hPxbYA3- uEhdr2UPKw7g7iSbPQWQsZLZAmt1FRczSGsbT0a0Nynp9cURnKFbNnZEUEmOPKWqHpk4tJUQ-Cg- 3_oWUe66T20lKGOstxuFcG-W81ImnyeCKRU4CPupQzobcpP5u76SB5B9xCxhIw- QFlMJnKYR9wGqdG0l5NTClC_0IDKRnV6Jf1amNqmCupX0mA92eRK5CeQ5h1uEwJ04rV93c0jVjblrSQQ lrcli2mhY-CxN6liW1VaqJ93GwUUFhP7GIW0Y7o8Mh5o8Z1Dwxuw7M) 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: Nasdaq Tallinn, Nasdaq Stockholm, GlobeNewswire, www.baltichorizon.com (http://www.baltichorizon.com). 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.