Published: 2019-04-23 15:30:00 CEST
Baltic Horizon Fund / Northern Horizon Capital
Notice to convene annual general meeting

Baltic Horizon Fund – Notice of Annual General Meeting and related change in Financial Calendar

Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders to attend the Annual General Meeting (AGM) on 21 May 2019 at 10:00 at Coca Cola Plaza cinema, Hobujaama 5, 10151, Tallinn, Estonia. Registration for the meeting will begin at 09:00.

The time of the AGM also results to a change in the financial calendar of Baltic Horizon Fund, as the AGM will be held in week 21 instead of previously announced week 20. Updated financial calendar is available on Baltic Horizon Fund webpage.

The AGM is convened in accordance with sections 8.3, 8.7, 10.3.3, 10.4 and 10.6 of the Rules of Baltic Horizon Fund and section 47-1 of the Investment Funds Act of Estonia.

The total number of units and votes in Baltic Horizon Fund at the date of this notice amounts to 94,196,197.

Agenda

  1. Presentation of the FY2018 annual report together with the auditor’s report of Baltic Horizon Fund, and interim report of Q1 2019;
  2. Prolongation of the term of a supervisory board member.

Unit-holders are invited to send questions and comments on the agenda to the Baltic Horizon Fund manager, at Tarmo.Karotam@nh-cap.com by 14 May 2019. Northern Horizon Capital AS will respond to questions and comments at the meeting.

Participation – requirements and notice

Investors who are entered in the Baltic Horizon Fund registry of unit-holders maintained by Nasdaq CSD SE ten days before the date of the General Meeting, i.e. at the end of business of Nasdaq CSD SE on 10 May 2019, are entitled to participate in the meeting.

In order to facilitate the registration process, investors whose units are registered in their own name are invited to provide notice of their attendance by 10 May 2019 to bhfmeeting@nh-cap.com. Notice should include name, personal identification number (or the registration number of the legal person), address, number of units represented and, if applicable attendance of any representatives, along with the name and personal identification number of the representatives. The attendance of a representative does not deprive the unit-holder of the right to participate at the meeting.

Instructions to holders of Baltic Horizon Fund units registered with Euroclear Sweden AB in Sweden

Notice of participation should be sent by 16:00 on 10 May 2019 to bhfmeeting@nh-cap.com. Notice should include name, personal identification number (or the registration number of the legal person), address, number of units represented and, if applicable, attendance of any representatives, along with the name and personal identification number of the representatives. The attendance of a representative does not deprive the unit-holder of the right to participate at the meeting.

Representation under a power of attorney

Unit-holders whose representatives are acting under a power of attorney are requested to prepare a written power of attorney for the representative in Estonian or English (templates can be found at Annex 1).

A copy of the executed power of attorney should be sent to bhfmeeting@nh-cap.com together with the notice of participation. In case the power of attorney is issued by a legal person, a certified copy of the registration certificate (or equivalent certificate of authority) shall also be submitted together with, as applicable, the documents certifying the authority of the representative in case the power of attorney is signed by a person under a power of attorney.

Baltic Horizon Fund is registered in Estonia, which means that any power of attorney (or any certified copy of the registration certificate of a legal person) issued in a foreign country should be notarised and accompanied by an apostille. The apostille requirement applies, for example, to powers of attorney issued and notarised in Sweden or Finland. 

Instructions for the day of the General Meeting

We kindly ask investors to bring a personal identification document, and for their representatives also to present the original written power of attorney in English or Estonian. In case the unit-holder is a legal person, documentation in Estonian or English certifying the authority of the unit-holder’s representative or the signatory of the power of attorney will also be requested.

Data collected by Northern Horizon Capital AS from powers of attorney, the unitholders registry maintained by Nasdaq CSD SE, and the list of holders of units registered in the Euroclear Sweden AB system will be used for the purpose of registration and preparing the voting list for the meeting.

Northern Horizon Capital AS proposals on the agenda items

  1. Presentation of the FY2018 annual report together with auditor's report of the Fund, and interim report of Q1 2019;
  2. Prolongation of the term of a supervisory board member

To prolong the term of supervisory board member David Bergendahl for an indefinite period.

Annex 1:

Form of power of attorney to appoint a representative for the general meeting (in Estonian)
Form of power of attorney to appoint a representative for the general meeting (in English)

For additional information, please contact:

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

Baltic Horizon Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS.
Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

Attachments


Annex-1.POA.unitholders-Baltic-Horizon-Fund.2019-05-21.est.DOC
Annex-1.POA.unitholders-Baltic-Horizon-Fund.2019-05-21.eng.DOCX