Baltic Horizon Fund / Northern Horizon Capital
Other information disclosed according to the rules of the Exchange
Baltic Horizon Fund declared approx. EUR 2.62 million cash distribution to investors
Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 2.07% of the Fund’s Q2 2019 weighted average net asset value to its unitholders. This equals to approx. EUR 2.62 million in total and EUR 0.026 per unit. The pay-out also represents a 7.5% rolling distribution yield for the past 12 months based on the closing unit price of the last day of Q2 2019 on Nasdaq Tallinn stock exchange.
In total, the Fund has paid out EUR 9.24 million from the operating results of the last twelve months (EUR 2.04 million from Q3 2018, EUR 2.12 million from Q4 2018, EUR 2.45 million from Q1 2019 and EUR 2.62 million from Q2 2019).
Payments will be distributed from the Fund on 21 August 2019. Unitholders entitled to receive distributions will be determined according to a unitholders list as of 19 August 2019 end of business day in T2S settlement system (Record date).
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Baltic Horizon Fund manager
The 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
This announcement contains information that the Management Company is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the above distributors, at 16:22 EET on 2 August 2019.