Regional Health Properties, Inc. to Join the Russell Microcap® Index



ATLANTA – (COMMERCIAL THREAD) – Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA) (“RHE” or the “Company”), a self-directed health care real estate investment company that invests primarily in real estate intended for seniors living and long-term care, joined the Russell Microcap® index following the completion of the Russell 2021 annual replenishment effective at the opening of the US market on June 28, 2021, according to a list final additions published on June 28, 2021.

Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indices. FTSE Russell determines the composition of its Russell Indices primarily through objective market capitalization rankings and style attributes.

Brent Morrison, Managing Director and President of Regional Health Properties, said: “Inclusion in the Russell Index will provide us with a welcome opportunity to reach a wider audience of potential investors as the fundamentals of our business begin to unravel. stabilize following the pandemic and its impact on the retirement homes and long-term care markets. We are taking proactive steps to improve our portfolio performance and strengthen our balance sheet, which we believe improves our investment profile. ”

Russell Indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. About $ 10.6 trillion in assets is compared to Russell’s U.S. indices. The Russell Indices are part of FTSE Russell, one of the world’s leading index providers.

For more information on the Russell Microcap® Index and the Russell Reconstitution, see the “Russell Reconstruction” section on the FTSE Russell website.

About regional health properties

Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA) is the successor to AdCare Health Systems, Inc., and is a self-managed healthcare real estate investment company that invests primarily in real estate intended for the elderly. and long-term health care through facility rental and sublease transactions.

RHE owns, leases, manages on behalf of third parties and currently operates 24 facilities (of which 12 are owned by RHE, eight of which are leased by RHE, three of which are managed by RHE on behalf of third parties and one is leased and operated by RHE). Effective January 1, 2021, the Company began operating a previously subleased facility as a measure of portfolio stabilization.

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About FTSE Russell

FTSE Russell is a global index leader providing innovative benchmarking, analytics and data solutions to investors around the world. FTSE Russell calculates thousands of indices that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the global investment market.

The expertise and products of the FTSE Russell Index are widely used by institutional and retail investors around the world. Approximately $ 17.9 trillion is currently compared to the FTSE Russell indices. For more than 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen the FTSE Russell Indices to benchmark their investment performance and create ETFs, structured products and index derivatives.

A set of basic universal principles guide the design and management of the FTSE Russell Index: a transparent rules-based methodology is informed by committees independent of major market players. FTSE Russell is focused on applying the highest industry standards in index design and governance and adheres to the principles of IOSCO. FTSE Russell is also focused on index innovation and client partnerships with the aim of improving the breadth, depth and reach of its offering.

FTSE Russell is 100% owned by the London Stock Exchange Group.

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Important Cautions Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “expects”, “intends”, “believes”, “anticipates”, “anticipates”, “. these forward-looking statements. Statements in this press release regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections regarding the future, are forward-looking statements.

Forward-looking statements, by their nature, involve estimates, projections, objectives, forecasts and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those projected or anticipated by our forward-looking statements due to various factors, including, but not limited to: our dependence on the operational success of our operators; the large amount and our ability to repay our debt; restrictive covenants in our borrowing agreements which may restrict our ability to make investments, incur additional debt and refinance debt on favorable terms; the availability and cost of capital; our ability to raise capital through equity and debt financing or through the sale of assets; the effect of increased regulation and enforcement of healthcare on our operators and the dependence of our operators on reimbursement from government payers and other third parties; the relatively illiquid nature of real estate investments; the impact of litigation and the increase in insurance costs on the activity of our operators; the impact on us of litigation relating to our previous operation of our healthcare properties; the effect of our operators declaring bankruptcy, becoming insolvent or not paying rent when due; the ability of one of our bankrupt operators to reject unexpired lease obligations and hamper our ability to collect unpaid rent or interest during the duration of a bankruptcy proceeding and to hold security deposits for the bonds of the debtor; our ability to find replacement operators and the impact of unforeseen costs in acquiring new properties; the impact of COVID-19 on our business and those of our operators, including, without limitation, the extent and duration of the COVID-19 pandemic, the increased costs incurred by our operators in this regard, and the extent to which government support may be available to our operators to offset these costs and the conditions attached thereto; and other factors discussed from time to time in our press releases, public statements and documents filed by us with the SEC from time to time, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. These forward-looking statements and these risks, uncertainties and other factors speak only as of the date of this press release, and we expressly disclaim any obligation or commitment to update or revise any forward-looking statement contained herein, in order to to reflect any change in our expectations in this regard or any other change in the events, conditions or circumstances upon which such statement is based, except to the extent otherwise required by applicable law.



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