Northern Horizon Capital AS (the Management Company) as management company of Baltic Horizon Fund (the Fund) announced on 8 November to Nasdaq Tallinn of registration of prospectus for public offering and listing of up 37,131,000 new units of the Fund. The number of new Fund units may increase further by 22,279,000, i.e. up to 59,410,000 (the Offer Units) in case the Management Company decides to use the Upsizing Option.
Management Company also announced the secondary public offering of Offer Units to consist of offering to retail investors in Estonia, Sweden, Finland and Denmark (after obtaining a respective licence) and of offering to institutional investors.
Management Company hereby informs that the authorisation to market Offer Units to retail investors in Denmark has been granted by the Danish Financial Supervisory Authority on 18 November 2016.
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 Management Company is operating under an Alternative Investment Fund Manager license granted by the Estonian Financial Supervision Authority. Both the Fund and the Management Company are supervised by the Estonian Financial Supervision Authority.