GENESIS HEALTHCARE CORPORATION SHELF REGISTRATION STATEMENT ON FORM S-3 DECLARED EFFECTIVE8/3/2005
Kennett Square, PA -- 08/03/2005 -- Genesis HealthCare Corporation ("GHC" or the "Company") (NASDAQ: GHCI) today announced that the Securities and Exchange Commission declared the Company's shelf registration statement on Form S-3 effective on July 26, 2005. The shelf registration statement relates to the resale by holders of the $180 million outstanding aggregate principal amount of the Company's 2.5% convertible senior subordinated debentures due 2025 of the debentures, the underlying shares of the Company's common stock issuable upon conversion of the debentures and the guarantees of the debentures granted by substantially all of the domestic subsidiaries of the Company. GHC issued the debentures in March 2005. GHC will not sell any securities pursuant to the shelf registration statement.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
A written prospectus may be obtained by contacting Genesis HealthCare Corporation, 101 East State Street, Kennett Square, Pennsylvania 19348, Attention: Investor Relations.
About Genesis HealthCare Corporation
Genesis HealthCare Corporation (NASDAQ: GHCI) is one of the nation's largest long term care providers with over 200 skilled nursing centers and assisted living residences in 12 eastern states. Genesis also supplies contract rehabilitation therapy to over 650 healthcare providers in 18 states and the District of Columbia.