The RMR Group Inc. Announces the Completion of the Distribution of its Class A Common Stock
December 14 2015 - 4:30PM
Business Wire
Regular Way Trading Expected to Begin
December 15th on The NASDAQ Under the Ticker
“RMR”
The RMR Group Inc. (NASDAQ: RMR) today announced that the
distribution of approximately 7.5 million shares of its Class A
Common Stock has been completed. Shares of Class A Common Stock
were distributed today, December 14, 2015, to the common
shareholders of record as of November 27, 2015 of Senior Housing
Properties (NYSE: SNH), Hospitality Properties Trust (NYSE: HPT),
Select Income REIT (NYSE: SIR) and Government Properties Income
Trust (NYSE: GOV). Shares of Class A Common Stock of The RMR Group
Inc. are expected to start trading “regular way” on The NASDAQ
Stock Market LLC (NASDAQ) under the ticker “RMR” beginning
tomorrow, December 15, 2015.
A final prospectus relating to this distribution has been filed
with the Securities and Exchange Commission (“SEC”), and may be
obtained at the SEC's website at www.sec.gov. Alternatively, The
RMR Group Inc. will arrange to send you the prospectus if you
request it by calling (617) 796-8230 or sending an e-mail
to ir@rmrgroup.com. The prospectus also may be accessed directly
through the following address:
www.rmrgroup.com/documents/rmrshareoffering.pdf.
The RMR Group primarily provides management services to publicly
owned real estate investment trusts, or REITs, and real estate
operating companies. The RMR Group is headquartered in Newton,
MA.
WARNING REGARDING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER SECURITIES LAWS. ALSO, WHENEVER THE RMR GROUP USES WORDS
SUCH AS BELIEVE, EXPECT, INTEND, ANTICIPATE OR SIMILAR EXPRESSIONS,
IT IS MAKING FORWARD LOOKING STATEMENTS. THE FORWARD LOOKING
STATEMENTS IN THIS PRESS RELEASE ARE BASED UPON THE RMR GROUP’S
CURRENT BELIEFS AND EXPECTATIONS, BUT THESE FORWARD LOOKING
STATEMENTS ARE NOT GUARANTEED TO OCCUR AND THEY MAY NOT OCCUR FOR
VARIOUS REASONS, INCLUDING SOME REASONS WHICH ARE BEYOND ITS
CONTROL. FOR EXAMPLE, THIS PRESS RELEASE STATES THAT SHARES OF
CLASS A COMMON STOCK OF THE RMR GROUP INC. ARE EXPECTED TO START
TRADING “REGULAR WAY” ON THE NASDAQ BEGINNING TOMORROW, DECEMBER
15, 2015. HOWEVER, THERE CAN BE NO ASSURANCE THAT AN ACTIVE TRADING
MARKET FOR OUR CLASS A COMMON SHARES WILL DEVELOP AS A RESULT OF
THE DISTRIBUTION OR BE SUSTAINED IN THE FUTURE AND WE CANNOT
PREDICT THE PRICES AT WHICH OUR CLASS A COMMON SHARES MAY TRADE
AFTER THE DISTRIBUTION. THE TRADING AND MARKET PRICE OF OUR CLASS A
COMMON SHARES MAY FLUCTUATE WIDELY, DEPENDING UPON MANY FACTORS,
INCLUDING THAT NO SECURITIES ANALYSTS CURRENTLY COVER THE RMR
GROUP.
THE INFORMATION CONTAINED IN THE RMR GROUP’S FINAL PROSPECTUS
DATED NOVEMBER 16, 2015, INCLUDING UNDER THE CAPTION “RISK
FACTORS”, IDENTIFIES OTHER IMPORTANT FACTORS THAT COULD CAUSE
DIFFERENCES FROM THE RMR GROUP’S FORWARD LOOKING STATEMENTS.
INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD
LOOKING STATEMENTS IN THIS PRESS RELEASE. EXCEPT AS MAY BE REQUIRED
BY APPLICABLE LAW, THE RMR GROUP DOES NOT UNDERTAKE ANY OBLIGATION
TO REVISE OR UPDATE ANY FORWARD LOOKING STATEMENTS AS A RESULT OF
NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151214006280/en/
Tim Bonang, 617-796-8230Senior Vice
Presidentwww.rmrgroup.com
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