Mar 01, 2010
NEWTON, Mass., Mar 01, 2010 (BUSINESS WIRE) -- RMR Real Estate Income Fund (NYSE Amex: RIF) and RMR Asia Pacific RealEstate Fund (NYSE Amex: RAP) each announced today that several of itstrustees and officers have established plans under Rule 10b5-1promulgated under the Securities Exchange Act of 1934 to purchase up toan aggregate of approximately $2 million and $750,000 of common sharesof RIF and RAP, respectively.
Each plan requires that the purchases be made by an independent brokerand otherwise in accord with Securities and Exchange Commission rules,including Rule 10b5-1. Rule 10b5-1 allows insiders to adopt writtenplans for trading securities in a prescheduled manner in order to avoidconcerns about initiating stock transactions when the insider may beaware of nonpublic information. The plans may be suspended or terminatedat any time.
RIF and RAP are closed end investment companies advised by RMR Advisors,Inc.
WARNINGS REGARDING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THEMEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 ANDOTHER FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS AREBASED UPON RIF'S AND RAP'S PRESENT BELIEFS AND EXPECTATIONS, BUT THEYARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR NUMEROUS REASONS, SOMEOF WHICH ARE BEYOND RIF'S AND RAP'S CONTROL. FOR EXAMPLE:
- THIS PRESS RELEASE REFERS TO PURCHASES OF UP TO AN AGGREGATE OF APPROXIMATELY $2 MILLION AND $750,000 OF COMMON SHARES FOR EACH OF RIF AND RAP, RESPECTIVELY. IT IS POSSIBLE THAT THESE AMOUNTS OF SHARES WILL NOT BE PURCHASED IN THE ALLOTTED TIME DUE TO THE RESTRICTIONS CONTAINED IN EACH INDIVIDUAL PURCHASE PLAN.
- THIS PRESS RELEASE STATES THAT SEVERAL TRUSTEES AND OFFICERS MAY PURCHASE SHARES. THE FACT THAT TRUSTEES AND OFFICERS MAY PURCHASE SHARES DOES NOT IMPLY THAT THESE SHARES WILL NOT BE SOLD IN THE FUTURE.
FOR THESE AND OTHER REASONS, INVESTORS SHOULD NOT PLACE UNDUE RELIANCEUPON FORWARD LOOKING STATEMENTS.
SOURCE: RMR Funds
RMR FundsCopyright Business Wire 2010
Timothy A. Bonang, 617-796-8253
Vice President, Investor Relations
or
Carlynn Finn, 617-796-8253
Manager, Investor Relations
www.rmrfunds.com