“Return on Insight” Adopted as New Tagline
KANSAS CITY, Mo.--(BUSINESS WIRE)--
Entertainment
Properties Trust (NYSE:EPR) today announced that it has changed its
name to EPR Properties. The name change signifies the Company’s ongoing
strategic evolution as an investor in select categories that require
unique industry knowledge and offer the potential for stable and
attractive returns. The announcement coincides with the Company’s 15th
anniversary.
“While Entertainment continues to be our largest segment, over the years
we have strategically expanded the types of specialty segments in which
we invest. Our new name leverages our brand heritage and provides the
necessary latitude to encompass a broader set of specialty categories,”
said David Brain, President and Chief Executive Officer of EPR
Properties. Brain continued, “Our newer segments of Recreation and
Education are supported by research and a depth of knowledge which
translates to unique industry insight. We will continue to utilize this
focused approach as we grow the EPR Properties brand.”
Since its inception in 1997, the Company has delivered value to
shareholders by identifying non-commodity segments which are durable and
possess significant long-term growth potential. Over the last 10 years
EPR’s total shareholder return has been over 275%, significantly
outperforming industry indexes. The Company’s property portfolio is over
$3.1 billion and currently includes three primary segments:
Entertainment, which includes megaplex theatres, entertainment retail
centers and family entertainment centers; Recreation, which includes
metropolitan ski parks, waterparks and golf entertainment complexes; and
Education, which includes public charter schools.
In conjunction with the new name, the Company is launching a new brand
identity including a new website and the tagline “Return on Insight,”
which reflects the premium gained through depth of knowledge.
The name change is effective immediately and trading under the new name
will commence on Monday, November 12, 2012. The Company's common shares,
Series C preferred shares, Series E preferred shares and Series F
preferred shares will continue to be listed on the New York Stock
Exchange under their current ticker symbols of “EPR,” "EPR PrC," "EPR
PrE" and "EPR PrF," respectively.
About EPR Properties:
EPR Properties is a specialty real estate investment trust (REIT) that
invests in properties in select market segments which require unique
industry knowledge, while offering the potential for stable and
attractive returns. Our total investments exceed $3.1 billion and our
primary investment segments are Entertainment, Recreation and Education.
We adhere to rigorous underwriting and investing criteria centered on
key industry and property level cash flow standards. We believe our
focused niche approach provides a competitive advantage, and the
potential for higher growth and better yields. Further information is
available at www.eprkc.com.
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
With the exception of historical information, certain statements
contained or incorporated by reference herein may contain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended (the “Securities Act”), and Section
21E of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), such as those pertaining to our acquisition or disposition of
properties, our capital resources, future expenditures for development
projects, and our results of operations. Forward-looking statements
involve numerous risks and uncertainties and you should not rely on them
as predictions of actual events. There is no assurance the events or
circumstances reflected in the forward-looking statements will occur.
You can identify forward-looking statements by use of words such as
“will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,”
“anticipate,” “goal,” “forecast,” “expects,” “pipeline,” “anticipates,”
“estimates,” “offers,” “plans,” “would” or other similar expressions or
other comparable terms or discussions of strategy, plans or intentions
contained or incorporated by reference herein. While references to
commitments for investment spending are based on present commitments and
agreements of the Company, we cannot provide assurance that these
transactions will be completed on satisfactory terms. In addition,
references to our budgeted amounts and guidance are forward-looking
statements.Forward-looking statements necessarily are dependent
on assumptions, data or methods that may be incorrect or imprecise.
These forward-looking statements represent our intentions, plans,
expectations and beliefs and are subject to numerous assumptions, risks
and uncertainties. Many of the factors that will determine these items
are beyond our ability to control or predict. For further discussion of
these factors see “Item 1A. Risk Factors” in our most recent Annual
Report on Form 10-K and, to the extent applicable, our Quarterly Reports
on Form 10-Q.
For these statements, we claim the protection of the safe harbor for
forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. You are cautioned not to place undue
reliance on our forward-looking statements, which speak only as of the
date hereof or the date of any document incorporated by reference
herein. All subsequent written and oral forward-looking statements
attributable to us or any person acting on our behalf are expressly
qualified in their entirety by the cautionary statements contained or
referred to in this section. We do not undertake any obligation to
release publicly any revisions to our forward-looking statements to
reflect events or circumstances after the date hereof.
EPR Properties
Brian Moriarty, Vice President - Corporate
Communications
brianm@eprkc.com
1-888-EPR-REIT
Source: EPR Properties