Published: 2018-11-19 18:45:00 CET
Baltic Horizon Fund / Northern Horizon Capital
Company Announcement

Buy-back transactions

From 12.11.2018 to 16.11.2018, the following transactions were concluded:

Date Amount of units bought back Average unit price, EUR Total cost, EUR
12.11.2018 5 932 1,3100 7 770,92
13.11.2018 6 083 1,3100 7 968,73
14.11.2018 6 622 1,3100 8 674,82
15.11.2018 6 949 1,3100 9 103,19
16.11.2018 6 842 1,2950 8 860,39
Total 32 428 1,3068 42 378,05

At the time of this announcement, Baltic Horizon Fund holds 136 469 of its own units.

404 294 Fund units that were bought back during the period of 01.08 2018 – 19.10.2018, have been canceled in accordance with the terms of the buy-back program.

The above-mentioned acquisitions were made on Nasdaq Tallinn by SEB Pank AS, acting as a broker carrying out the buy-back program of the Fund units.

The buy-back program lasts until 19.06.2019. During this period, the Fund may acquire up to 5 million units for up to EUR 5 million at a price below the most recent NAV.

Additional information:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com
www.baltichorizon.com

The 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