NEW YORK, June 27, 2014 /PRNewswire/ -- American Realty
Capital Healthcare Trust, Inc. ("ARC Healthcare") (NASDAQ: HCT)
announced today that, pursuant to the prior authorization of its
board of directors, ARC Healthcare intends to continue payment of
monthly distributions at an annualized rate of $0.68 per share. Pending the "Effective
Time" as defined in the merger agreement entered into, by and
among, the Company and Ventas, Inc. and dated as of June 1, 2014, the Company intends to continue
paying distributions on a monthly basis to stockholders of record
at the close of business on the 8th day of the
applicable month, payable on the 15th day of the
applicable month, in each case, unless such date is a non-business
day.
Accordingly, on July 15, 2014, ARC
Healthcare will pay a distribution of $0.056666667 per share to stockholders of record
at the close of business on July 8,
2014.
About ARC Healthcare
ARC Healthcare is a publicly traded Maryland corporation listed on The NASDAQ
Global Select Market, focused on acquiring and owning a balanced
and diversified portfolio of medical office buildings, seniors
housing and select hospital and post-acute care properties.
Additional information about ARC Healthcare can be found on its
website at www.archealthcaretrust.com. ARC Healthcare may
disseminate important information regarding it and its operations,
including financial information, through social media platforms
such as Twitter, Facebook and LinkedIn.
Forward Looking Statements
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause the
outcome to be materially different. In addition, words such as
"will," "should," "may," "anticipate," "believe," "expect" and
"intend" indicate a forward-looking statement, although not all
forward-looking statements include these words. Actual
results may differ materially from those contemplated by such
forward-looking statements, including those set forth in the Risk
Factors section of ARC Healthcare's Annual Report on Form 10-K
filed on February 26, 2014. Further,
forward-looking statements speak only as of the date they are made,
and ARC Healthcare undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results over time, unless required by law.
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SOURCE American Realty Capital Healthcare Trust, Inc.