NEWTON, Mass.--(BUSINESS WIRE)--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 firstname.lastname@example.org. 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.