10/15/2015

Reit Management & Research Inc. Changes Name to “The RMR Group Inc.” and Announces Filing of Initial Registration Statement for Proposed Distribution

NEWTON, Mass.--()--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

Cautionary Language

The information appearing in RMR's website includes statements which constitute forward looking statements. These forward looking statements are based upon RMR's present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. RMR's actual results may differ materially from those contained in RMR's forward looking statements. The information contained in RMR's filings with the Securities and Exchange Commission (SEC), including under “Risk Factors” and “Warnings Concerning Forward Looking Statements” in RMR's periodic reports and other filings, identifies important factors that could cause RMR's actual results to differ materially from those stated or implied in RMR's forward looking statements. RMR's filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on RMR's website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements. Except as required by law, RMR 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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