Target Healthcare REIT PLC Inclusion in FTSE 250 Index (2208O)
09 June 2022 - 4:00PM
UK Regulatory
TIDMTHRL
RNS Number : 2208O
Target Healthcare REIT PLC
09 June 2022
9 June 2022
Target Healthcare REIT plc and its subsidiaries
("Target Healthcare" or "the Group")
Inclusion in FTSE 250 Index
Target Healthcare (LSE: THRL), the UK listed specialist investor
in modern, purpose-built care homes, is pleased to announce that
FTSE Russell has confirmed that the Company will be added as a
constituent of the FTSE 250 Index with effect from 20 June 2022,
having satisfied the eligibility criteria during the Index's recent
Quarterly Review.
Enquires:
Kenneth MacKenzie; Gordon Bland
Target Fund Managers Limited
01786 845 912
Mark Young; Mark Bloomfield
Stifel Nicolaus Europe Limited
020 7710 7600
Dido Laurimore; Richard Gotla
FTI Consulting
020 3727 1000
TargetHealthcare@fticonsulting.com
Notes:
UK listed Target Healthcare REIT plc (THRL) is an externally
managed Real Estate Investment Trust which provides shareholders
with an attractive level of income, together with the potential for
capital and income growth, from investing in a diversified
portfolio of modern, purpose-built care homes.
The Group's portfolio at 31 March 2022 comprised 99 assets let
to 33 tenants with a total value of GBP886.8 million.
The Group invests in modern, purpose-built care homes that are
let to high quality tenants who demonstrate strong operational
capabilities and a strong care ethos. The Group builds
collaborative, supportive relationships with each of its tenants as
it believes working in this way helps raise standards of care and
helps its tenants build sustainable businesses. In turn, that helps
the Group deliver stable returns to its investors.
LEI: 213800RXPY9WULUSBC04
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCQVLFBLQLFBBV
(END) Dow Jones Newswires
June 09, 2022 02:00 ET (06:00 GMT)
Target Healthcare Reit (LSE:THRL)
Historical Stock Chart
From Apr 2024 to May 2024
Target Healthcare Reit (LSE:THRL)
Historical Stock Chart
From May 2023 to May 2024