Skip to main content

Baltic Horizon Fund: important information about trading on Nasdaq Stockholm

Written by Customer Service on . Posted in Public Companies.

Reference is made to the press release published on 23 August 2022 in which Northern Horizon Capital AS announced the intention to carry out a public offering of Swedish depository receipts (the „SDRs“) directed to the holders of the units of Baltic Horizon Fund trading on Nasdaq Stockholm (“Swedish Investor”). In the Offering, each one (1) Unit would grant to the Swedish Investor a right to convert it into one (1) SDR (the „Offering”). The SDRs are intended to be listed on Nasdaq Stockholm. 

Northern Horizon Capital AS has submitted an application to delist the Units from Nasdaq Stockholm. The Offering and consequential delisting of the Units is ultimately a result of Euroclear Sweden AB’s termination of the affiliation agreement for keeping the Units registered with its book entry system in Sweden following a strategic decision by Nordea Bank Abp to exit its Nordic sub-custody business.

The timing of the delisting is depending on the Offering and the Units are intended to be delisted at the close of the Offering. The details of the delisting including the last day of trading, as well as intended listing of the SDRs on Nasdaq Stockholm will be disclosed in connection with the initiation of the Offering.

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

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.