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RMR Rome Resources Plc

0.31
-9.19 (-96.74%)
Last Updated: 13:00:56
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rome Resources Plc LSE:RMR London Ordinary Share GB00BYY0JQ23 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -9.19 -96.74% 0.31 0.30 0.32 0.35 0.31 0.35 527,618,329 13:00:56
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

American Stock Exchange Lists Initial Public Offering of RMR Real Estate Fund

19/12/2003 2:48pm

PR Newswire (US)


Rome Resources (LSE:RMR)
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American Stock Exchange Lists Initial Public Offering of RMR Real Estate Fund RMR Advisors, Inc. Launches First Closed-End Fund on Amex NEW YORK, Dec. 19 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading common shares of the RMR Real Estate Fund under the ticker symbol RMR. RMR Real Estate Fund is a closed-end investment company, which intends to invest primarily in common and preferred securities issued by real estate companies, including REITs. The RMR Real Estate Fund's primary investment objective is to earn and pay a high level of current income; its secondary objective is capital appreciation. "We are very pleased to welcome RMR Real Estate Fund to the American Stock Exchange," said Tom Rzepski, vice president of the Amex's closed-end fund business. "The Amex is pleased to work with RMR Advisors, Inc., the investment advisor of RMR Real Estate Fund, to offer this investment opportunity to investors and we look forward to a continuing relationship with RMR Advisors." With an initial share price of $15 for the Fund, the approximate initial value of the shares priced today is $100 million. The specialist in the new fund is Weiskopf, Silver & Co. The American Stock Exchange currently lists 142 closed-end funds with over $21 billion in assets. For additional information on this fund or other Amex- listed closed-end funds, please call 1-800-THE-AMEX. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 126 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: The American Stock Exchange CONTACT: Lynn Teresky of the American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

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