Northern Horizon Capital AS has applied to Nasdaq CSD SE for the cancellation of 255,969 Baltic Horizon Fund units. These units were purchased between 22 October 2018 and 14 December 2018 under a buy-back program. The total number of Baltic Horizon Fund units before cancellation was 78,752,800 and will decrease to 78,496,831 after the cancellation. The cancellation is expected to be registered within two business days.

All acquisitions through the buy-back program were made on Nasdaq Tallinn by SEB Pank AS, acting as a broker for Baltic Horizon Fund.

The buy-back program lasts until 19 June 2019. Until then, Baltic Horizon Fund may acquire up to 5 million units worth up to EUR 5 million at a price below the most recent NAV.

For additional information please contact:

Tarmo Karotam
Baltic Horizon Fund manager

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,