Important Notice About Baltic Horizon Fund SDRs
Baltic Horizon Fund is reaching out to its investors holding Swedish Depositary Receipts (SDRs) to remind them that the final trading day for these SDRs on Nasdaq Stockholm is approaching. Investors should note that this pivotal date is set for a specific day in October 2025. It is crucial to be aware of the timeline regarding the delisting process to take timely actions.
Delisting Timeline Explained
The delisting timeline is clearly defined and important for all SDR holders:
Last Day of Trading
The last day that investors can trade in SDRs on Nasdaq Stockholm will occur on October 8, 2025. After this date, trading in these receipts will cease, making it essential for investors to consider their options prior to this date.
Record Date for Euroclear
Following the final trading day, a record date is established on October 14, 2025. This date signifies the closure of the ISIN associated with the SDRs, marking an end to transactions related to these receipts.
Clearing of SDRs
On October 15, 2025, all SDRs will be cleared from the accounts of investors who held them in Euroclear. It’s an important milestone that all investors need to prepare for.
Delivery of Fund Units
Around October 17, 2025, Baltic Horizon Fund is scheduled to deliver Estonian fund units to their respective nominees based on the holdings from October 14, 2025. This is a part of the conversion process for SDR holders.
Important Actions for SDR Holders
Given the swift approach of these closure dates, Baltic Horizon Fund encourages all SDR holders to take proactive steps. Investors have two main options: they can either sell their SDRs before the final trading day on October 8, 2025, or convert their SDRs to units of the Baltic Horizon Fund. This conversion could prevent mandatory sales that may occur after the delisting.
Contact Banks for Conversion
For those opting to convert their SDRs, it is advisable to get in touch with your bank as soon as possible to begin the conversion process. This step is crucial to ensure a smooth transition and safeguard your investments.
Additional Resources and Information
For further details on the delisting process, including access to an investor webinar, interested parties should refer to Bali Horizon Fund's official communications or visit their website for updates. The Fund management remains committed to aiding investors through this period.
About Baltic Horizon Fund
Baltic Horizon Fund operates as a registered contractual public closed-end real estate fund. It is effectively managed by Northern Horizon Capital AS, a licensed Alternative Investment Fund Manager. Those with inquiries about the fund or investment opportunities can find more comprehensive information on the official site.
Frequently Asked Questions
What is the last trading day for Baltic Horizon Fund SDRs?
The last day of trading is set for October 8, 2025.
What should I do before the last trading day?
You should consider selling your SDRs or converting them to units in the Baltic Horizon Fund.
When will the SDRs be cleared from accounts?
All SDRs will be cleared from accounts on October 15, 2025.
How can I convert my SDRs to fund units?
It is recommended to contact your bank for instructions on the conversion process.
Who manages the Baltic Horizon Fund?
The fund is managed by Northern Horizon Capital AS, registered as an Alternative Investment Fund Manager.
