Baltic Horizon Fund Prepares for New General Meeting
The Baltic Horizon Fund, a recognized player in the real estate investment sector, is gearing up for an important general meeting. This gathering is crucial for unit-holders and Swedish Depositary Receipt (SDR) holders collectively referred to as "Investors." This meeting follows an earlier assembly that saw limited participation.
Objectives of the Upcoming Meeting
The forthcoming general meeting has a carefully curated agenda that aims to bolster the fund's governance. This meeting is organized by Northern Horizon Capital AS, the managing company of the fund. The core objectives include electing new members for the supervisory board and discussing remuneration structures for these members.
Proposed Supervisory Board Members
Among the significant proposals is the candidacy of three individuals for the supervisory board. The candidates include Andrius Smaliukas, Milda Dargužait?, and Antanas Anskaitis, all of whom bring a wealth of experience from various sectors.
Compensation for Supervisory Board Members
In addition to the election of board members, the meeting will also cover compensation changes. Proposed payments are €36,000 per year for the chairman and €11,000 for other supervisory board members. This remuneration reflects the fund's commitment to attracting top talent while ensuring accountability.
Logistics of the Meeting
The new general meeting will be held on a scheduled date, and Investors are invited to participate. The meeting aims to be inclusive by allowing online attendance through a webinar platform. This approach means more unit-holders can join regardless of location, thus enhancing communication and transparency within the fund.
How to Participate
Investors are encouraged to register for the meeting ahead of time. Registration starts an hour before the meeting, and all attendees must bring proof of identity. For those unable to attend in person, the option to join via webinar will provide a seamless experience. Guidance will be provided to ensure all participants can engage fully, including a recorded version of the meeting on the company's website post-event.
Invitation for Questions and Comments
The fund management invites Investors to submit questions related to the proposed agenda ahead of the meeting. This proactive approach shows commitment to transparency and engagement, allowing investors to voice their concerns or support the meeting's agenda.
Important Notifications for Participants
For SDR holders and unit-holders, understanding participation requirements is crucial. Investors recorded ten days prior to the meeting are entitled to participate. Notifications regarding attendance must be submitted to ensure smooth registration. It's imperative that SDR holders notify their banks to add their names to the official list to facilitate their participation.
In conclusion, the upcoming general meeting of Baltic Horizon Fund promises to be a pivotal moment for all stakeholders involved. The combination of electing experienced supervisors and establishing clear remuneration pathways sets the stage for continued growth and accountability within the fund.
Frequently Asked Questions
What is the date of the upcoming general meeting?
The general meeting is scheduled for 7 April 2025 at 13:00 local time.
Who is invited to participate in the meeting?
All unit-holders and SDR holders registered in the appropriate systems are invited to attend.
Can Investors participate online?
Yes, Investors will have the option to join the meeting via a webinar.
What is the proposed remuneration for supervisory board members?
The chairman is proposed to receive €36,000 annually, while other members may receive €11,000 per year.
How can I ask questions related to the agenda?
Investors are encouraged to submit questions in advance to the fund manager by the specified deadline.
