REG - Target H'care REIT - Inclusion in FTSE 250 Index

Target Healthcare ReitAnnouncement

09/06/2022 07:00

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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 (mailto: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 £886.8 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

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