Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On June 20, 2016, Senior Housing Properties Trust, or the Company, provided written notice to the New York Stock Exchange, or the NYSE, that the Company expects to voluntarily delist its common shares of beneficial interest, par value $.01 per share, or the Common Shares, its 5.625% Senior Notes due 2042, or the 5.625% Notes, and its 6.25% Senior Notes due 2046, or the 6.25% Notes and, together with the 5.625% Notes, the Notes, from the NYSE effective at the close of trading on June 30, 2016. The Common Shares and the Notes have been authorized for listing on The NASDAQ Stock Market LLC, or the NASDAQ, and are expected to begin trading on the NASDAQ at the commencement of trading on July 1, 2016. The Common Shares will continue to trade under the symbol SNH, the 5.625% Notes will trade under the symbol SNHNI (NYSE: SNHN) and the 6.25% Notes will trade under the symbol SNHNL (NYSE: SNHO).
The Companys Board of Trustees approved the delisting of the Common Shares and the Notes from the NYSE and the listing and trading of the Common Shares and the Notes on the NASDAQ on June 17, 2016.
WARNING CONCERNING FORWARD LOOKING STATEMENTS
THIS CURRENT REPORT ON FORM 8-K CONTAINS STATEMENTS WHICH CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON THE COMPANYS PRESENT INTENT, BELIEFS OR EXPECTATIONS, BUT FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR VARIOUS REASONS, INCLUDING SOME REASONS WHICH ARE BEYOND THE COMPANYS CONTROL. FOR EXAMPLE, THIS REPORT STATES THAT THE COMMON SHARES AND THE NOTES ARE EXPECTED TO BEGIN TRADING ON THE NASDAQ ON JULY 1, 2016; HOWEVER, THE COMMENCEMENT OF TRADING OF THE COMMON SHARES AND/OR THE NOTES MAY BE DELAYED OR MAY NOT OCCUR.
YOU SHOULD NOT PLACE UNDUE RELIANCE UPON THE COMPANYS FORWARD LOOKING STATEMENTS.
EXCEPT AS REQUIRED BY LAW, THE COMPANY DOES NOT INTEND TO UPDATE OR CHANGE ANY FORWARD LOOKING STATEMENTS AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.
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