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    NHCBHFFT   EE3500110244

BALTIC HORIZON FUND

(NHCBHFFT)
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Baltic Horizon Fund: Euroclear agreement will end in 12 months

09/29/2021 | 01:15pm EST

Euroclear Sweden AB has notified, due to a strategic decision by Nordea Bank Abp to exit its Nordic sub-custody business, of terminating the affiliation agreement for keeping Baltic Horizon Fund units registered with its book entry system in Sweden. The agreement will be terminated in 12 months, on 30 September 2022. Northern Horizon Capital AS will immediately engage into negotiations with Euroclear Sweden AB and Nasdaq Stockholm to agree upon a new infrastructure solution for Swedish traded units and keep the investors informed.

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

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 19:55 EEST on 29 September 2021.


© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2021 29,0 M 32,8 M 32,8 M
Net income 2021 12,9 M 14,6 M 14,6 M
Net Debt 2021 - - -
P/E ratio 2021 9,60x
Yield 2021 -
Capitalization 126 M 143 M 143 M
Capi. / Sales 2021 4,35x
Capi. / Sales 2022 4,31x
Nbr of Employees -
Free-Float -
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 0
Last Close Price 1,06 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
David Bergendahl Member-Supervisory Board