Notice of the Extraordinary General Meeting of Baltic Horizon Fund
In a significant step for investors, Northern Horizon Capital AS calls on unit-holders and Swedish Depositary Receipt (SDR) holders to participate in the upcoming extraordinary General Meeting of Baltic Horizon Fund. The meeting aims to bring together stake-holders and discuss pivotal changes within the Fund.
Date and Registration Details
The General Meeting is scheduled for 27 March 2025, starting at 14:00 local time. Registration will open an hour earlier, at 13:00. This session will be conducted in English, ensuring accessibility for all participants.
Meeting Agenda Highlights
The agenda, introduced by a proactive unitholder, includes the following key decisions:
- Electing Andrius Smaliukas to the supervisory board effective from 1 May 2025 for a two-year term.
- Appointing Milda Dargužait? to the supervisory board for the same duration starting on the same date.
- Bringing Antanas Anskaitis into the supervisory board for the same time frame beginning on 1 May 2025.
- Approval of a remuneration package of EUR 36,000 annually for the chairman of the supervisory board.
- Setting annual remuneration for other supervisory board members at EUR 11,000.
- Recalling Reimo Hammerberg, Monica Hammer, and David Bergendahl from their supervisory board roles by 30 April 2025.
These compelling agenda items reflect the Fund's commitment to strategic governance and responsive leadership. Investors are encouraged to send their inquiries or comments regarding the agenda to the Fund manager ahead of the meeting.
Participation Requirements
To be eligible for participation, investors must be registered in the Baltic Horizon Fund registry by 17 March 2025, and SDR holders must ensure their registration with Euroclear Sweden AB is current. This compliance is essential for seamless access to the meeting, whether in-person or via a webinar link that will be provided after registration.
Instructions for SDR Holders
SDR holders registered with Euroclear Sweden AB must notify their bank or nominee to add their name to the owner register by the deadline of 17 March 2025. This step is crucial for exercising voting rights during the General Meeting.
Empowerment Through Proxy
Investors wishing to have a representative at the meeting must prepare a written power of attorney. There are templates available to facilitate this process, ensuring that all necessary documentation is ready in advance.
Documentation for the General Meeting
On the day of the meeting, it is vital for all participants to present personal identification documents. Representatives must also provide their written power of attorney in either English or Estonian. This will help to streamline the registration process and verify each participant's right to vote.
About Baltic Horizon Fund
Baltic Horizon Fund operates as a contractual public closed-end real estate fund, managed under the Alternative Investment Fund Manager (AIFM) license by Northern Horizon Capital AS. It focuses on strategic investments in the real estate sector across the Baltic region, securing a robust and diverse portfolio for its investors.
Frequently Asked Questions
What is the date of the General Meeting?
The General Meeting is set for 27 March 2025 at 14:00 local time.
How can I register for the General Meeting?
Registration can be done starting at 13:00 on the day of the meeting, either in person or through a webinar.
What decisions will be made during the meeting?
Key decisions include the election of board members and changes to remuneration for supervisory board members.
How do I ensure my participation as an SDR holder?
Make sure to notify your bank or nominee by the deadline to be listed on the Euroclear Sweden AB register.
Who should I contact for more information?
For any inquiries or comments, you can reach Tarmo Karotam, the Fund manager, via email at tarmo.karotam@nh-cap.com.
