Northern Horizon Capital AS is pleased to announce that the Baltic Horizon Fund has entered into a Market Making Agreement with Sedermera Corporate Finance AB.Sedermela”), Baltic Horizon Fund (“SDRMore”). Under the agreement, Sedermera will provide liquidity in both bid and ask SDRs for at least 85% of the trading time on the Nasdaq Stockholm Stock Exchange (“Nasdaq Stockholm”). Market-making services will begin on day one of trading with his SDR on Nasdaq Stockholm. The first date of his trading with SDR on Nasdaq Stockholm was announced separately, pending confirmation by Nasdaq Stockholm on the market-making arrangement.
Approximately 92% of the Baltic Horizon Fund Unit (“unit”) was converted into an SDR held at Euroclear Sweden during the SDR recruitment period. Unit holders who are holders of units held in Euroclear Sweden may convert units into her SDRs until the end of October. Euroclear Sweden then appoints distributors to sell such units and pays them the proceeds (minus selling costs). and applicable taxes) to the cash account associated with each Swedish investor’s brokerage account. The price of such sale may differ from the current market price for units traded on the Nasdaq-Tallinn Stock Exchange.More information about conversion is available here.
For more information, please contact:
Baltic Horizon Fund Manager
The Baltic Horizon Fund is a registered contractually public closed-end real estate fund managed by Northern Horizon Capital AS, a Licensed Alternative Investment Fund Manager.
Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com