NEWTON, Mass.--(BUSINESS WIRE)--Reit Management & Research Inc. today announced that it has changed its
name to “The RMR Group Inc.”
The company also announced that it has filed an initial Registration
Statement on Form S-1 with the Securities and Exchange Commission, or
SEC, in connection with the proposed distribution of shares of its class
A common stock by each of Government Properties Income Trust (NYSE:
GOV), Hospitality Properties Trust (NYSE: HPT), Select Income REIT
(NYSE: SIR) and Senior Housing Properties Trust (NYSE: SNH). The RMR
Group Inc. plans to apply to list its shares on The NASDAQ Stock Market
LLC, or NASDAQ, under the ticker “RMR” upon the registration statement
being declared effective by the SEC. The proposed distribution is
expected to occur after the registration statement is declared effective.
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.
This press release refers to a distribution of shares of The RMR Group
Inc. that GOV, HPT, SIR and SNH propose to make. A registration
statement relating to these securities has been filed with the SEC, but
has not yet become effective. These securities may not be sold nor may
offers to buy be accepted prior to the time the registration statement
becomes effective. The distribution will be made only by means of a
prospectus after the registration statement is declared effective by the
SEC. A copy of the prospectus related to the distribution may be
obtained, when available, from: Investor Relations, The RMR Group at ir@rmrgroup.com
or by calling 617-796-8230. This press release does not constitute an
offer to sell or a solicitation of an offer to buy any securities, nor
shall there be any sale of the securities in any state or jurisdiction
in which the offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of that state or
jurisdiction.
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 WE USE WORDS SUCH AS BELIEVE,
EXPECT, INTEND, ANTICIPATE OR SIMILAR EXPRESSIONS, WE ARE MAKING FORWARD
LOOKING STATEMENTS. THE FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE
ARE BASED UPON THE COMPANY'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 OUR
CONTROL. FOR EXAMPLE:
-
THIS PRESS RELEASE STATES THAT THE RMR GROUP INC. HAS FILED A
REGISTRATION STATEMENT WITH RESPECT TO ITS SHARES AND THAT SHARES OF
THE RMR GROUP INC. ARE EXPECTED TO BE LISTED ON THE NASDAQ. THE
REGISTRATION STATEMENT IS SUBJECT TO REVIEW BY THE SEC STAFF, WHICH
MAY ALSO TAKE CONSIDERABLE TIME. THE LISTING OF THE SHARES ON THE
NASDAQ IS SUBJECT TO THE RMR GROUP INC.'S SATISFACTION OF THE LISTING
REQUIREMENTS AND APPROVAL OF THE NASDAQ. THE COMPANY CAN PROVIDE NO
ASSURANCE WHEN OR IF THE REGISTRATION STATEMENT WILL BE DECLARED
EFFECTIVE BY THE SEC, THAT THE SHARES WILL BE APPROVED FOR LISTING ON
THE NASDAQ OR WHEN OR IF THE DISTRIBUTION OF THE RMR GROUP INC. SHARES
WILL OCCUR.
-
THE DISTRIBUTION IS SUBJECT TO AUTHORIZATION BY EACH OF GOV, HPT, SIR
AND SNH. WHILE GOV, HPT, SIR AND SNH HAVE EACH AGREED TO MAKE THE
DISTRIBUTION, THE COMPANY CAN PROVIDE NO ASSURANCE WHEN OR IF IT WILL
BE MADE.
Contacts
The RMR Group Inc.
Tim Bonang, 617-796-8230
Vice President,
Investor Relations