On 1 September 2016, Baltic Horizon Fund (the “Fund”) published the Unaudited Interim Condensed Consolidated Financial Statements for the 6-month period ended 30 June 2016. Subsequently, auditor of the Fund performed review of these financial statements. The Board of the Fund management company wishes to highlight that review resulted in certain adjustments to the Consolidated Statement of Financial Position and Consolidated Statement of Cash Flows. The reviewed financial statements and the summary of the adjustments are attached to this announcement.
Baltic Horizon Fund is a registered public closed-end real estate fund and Baltic Horizon units began trading on the Nasdaq Baltic Fund list of July 6, 2016. The company’s stock symbol (ticker) is NHCBHFFT.
The fund is managed by Northern Horizon Capital AS under an Alternative Investment Fund Manager license granted by the Estonian Financial Supervision Authority.