Core Points - Northern Horizon Capital AS has submitted an application for the delisting of SDRs from Nasdaq Stockholm, with the last trading day scheduled for 8 October 2025 [1] Group 1 - The application for delisting was made in connection with a resolution by the fund manager dated 13 February 2025 [1] - The notice of termination for the delisting can be found on Nasdaq's official website [1]

Baltic Horizon Fund applied for bondholders’ approval for certain amendments to the terms and conditions (the Terms and Conditions) of the Baltic Horizon Fund EUR 42 million 5-year floating rate bonds maturing in 2028 (ISIN EE3300003235, the Bonds) in relation to the Bonds by way of written procedure initiated on 9 June 2025. Bondholders who were entered in the registry of bond-holders maintained by Nasdaq CSD SE on 6 June 2025 were entitled to vote in the written procedure (the Holders). Altogether Holders ...

Baltic Horizon Fund (the Issuer) has initiated a written procedure to amend the terms and conditions of Baltic Horizon Fund EUR 42 million 5-year floating rate bonds maturing in 2028 (ISIN EE3300003235, the Bonds). The current outstanding nominal amount of the Bonds is EUR 18,999,997.80 as Baltic Horizon Fund has redeemed Bonds in nominal amount of EUR 23,000,002.20 in accordance with the terms and conditions of the Bonds (Terms and Conditions). The Issuer has decided to request consent from the holders of ...

Northern Horizon Capital AS, the management company of Baltic Horizon Fund, hereby notifies of a change to its shareholdings and a decrease in its share capital and the related amendments to the articles of association. 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 For additional information, please c ...

Group 1: Net Asset Value and Financial Performance - The net asset value (NAV) per unit of the Baltic Horizon Fund decreased to EUR 0.6740 at the end of April 2025, down from EUR 0.6769 as of 31 March 2025, with a total NAV of EUR 96.8 million compared to EUR 97.2 million in March 2025 [1] - The decrease in NAV was attributed to a decline in the fair value of derivative financial instruments and expenses from early partial bond redemption [1] - The EPRA NRV as of 30 April 2025 was EUR 0.7200 per unit [1] Group 2: Rental Income and Cash Position - The consolidated net rental income of the Fund remained stable at EUR 1.0 million in April 2025, unchanged from March 2025 [2] - At the end of April 2025, the Fund's consolidated cash and cash equivalents were EUR 8.2 million, down from EUR 12.8 million as of 31 March 2025 [3] - The total consolidated assets of the Fund decreased to EUR 239.0 million at the end of April 2025, down from EUR 243.2 million in March 2025, primarily due to an early partial redemption of bonds amounting to EUR 3 million on 10 April 2025 [3]

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the three months of 2025. Our strategic ambitionsOver the past years, our focus has been on reshaping our strategy to foster sustainable value in a very demanding environment, concentrating efforts on avenues that promise reliable and consistent growth for our investors. We firmly believe that the execution of the ‘Modern City Life’ strategy, introduced to investors in 2024, is ...

Group 1 - The general meeting of shareholders of Northern Horizon Capital AS approved the audited annual report for the year 2024 [1] - The report, along with the independent auditors' report, is accessible on the Baltic Horizon Fund webpage [1] Group 2 - Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Northern Horizon Capital AS, which holds an Alternative Investment Fund Manager license [2] - Additional information regarding the fund can be obtained by contacting the fund manager, Tarmo Karotam, via email [2] - The fund encourages stakeholders to register on its website for announcements and news related to its projects and plans [2]

Group 1: Fund Performance - The net asset value (NAV) per unit of the Baltic Horizon Fund decreased to EUR 0.6769 at the end of March 2025, down from EUR 0.6826 as of 28 February 2025 [1] - The total net asset value of the Fund at month-end was EUR 97.2 million, a decrease from EUR 98.0 million as of 28 February 2025 [1] - The EPRA NRV as of 31 March 2025 was EUR 0.7209 per unit [1] - The consolidated net rental income of the Fund remained stable at EUR 1.0 million for both March and February 2025 [1] Group 2: Financial Position - The Fund's consolidated cash and cash equivalents increased to EUR 12.8 million at the end of March 2025, up from EUR 8.3 million as of 28 February 2025 [2] - Total consolidated assets of the Fund were EUR 243.2 million as of 31 March 2025, down from EUR 255.0 million as of 28 February 2025 [2] Group 3: Asset Disposal - On 13 March 2025, the Fund sold the Meraki office building, with proceeds used to repay an outstanding loan of EUR 10.3 million and to repay EUR 3 million of bonds early [3] - The remaining proceeds from the sale will be allocated for investments into existing properties [3]