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Global Medical Reit Inc. to Ring NYSE Opening Bell on July 22 in Celebration of the Company’s Recent IPO

A Live Webcast of The Opening Bell® will be Available at 9:30 a.m. ET at https://www.nyse.com/bell

BETHESDA, MD / ACCESSWIRE / July 20, 2016 / Global Medical REIT Inc. (NYSE:GMRE), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to leading clinical operators with dominant market share, announced today that CEO David Young, Chairman and President Jeffrey Busch, and CFO Donald McClure will be joined by other Company executives and associates to ring The Opening Bell at The New York Stock Exchange on Friday, July 22nd at 9:30 a.m. ET. The live ceremony can be viewed at https://www.nyse.com/bell.

Global Medical REIT Inc. will ring The Opening Bell to celebrate the Company’s upsized initial public offering of a total of 15 million shares of its common stock, including the underwriters’ over-allotment option, at a public offering price of $10.00 per share for total gross proceeds of $150 million. The Company’s common stock began trading on the New York Stock Exchange under the symbol “GMRE” on June 29, 2016.

About Global Medical REIT Inc.

Global Medical REIT Inc. is a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to leading clinical operators with dominant market share. The Company intends to produce increasing, reliable rental revenue by expanding its portfolio, and leasing each of its healthcare facilities to a single market-leading operator under a long-term triple-net lease. The Company’s management team has significant healthcare, real estate and public real estate investment trust, or REIT, experience and has long-established relationships with a wide range of healthcare providers. The Company intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

Contacts:

Investor Relations Counsel
The Equity Group Inc.

Adam Prior, Senior Vice President
(212) 836-9606 / aprior@equityny.com

Jeremy Hellman, Senior Associate
(212) 836-9626 / jhellman@equityny.com

SOURCE: Global Medical REIT Inc.

ReleaseID: 442626

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