SOURCE: Chanticleer Holdings, Inc.

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June 17, 2015 08:00 ET

Chanticleer Holdings Set to Join Russell Microcap Index

CHARLOTTE, NC--(Marketwired - June 17, 2015) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) (Chanticleer Holdings, or the "Company"), owner and operator of multiple fast casual restaurant brands internationally and domestically, announced today that it is set to join the Russell Microcap Index at the conclusion of the Russell Indexes annual reconstitution on June 26, according to a preliminary list of additions posted on June 12.

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

"We are pleased to be added to the Russell Microcap Index, recognition that we believe reflects the progress we've made in growing our Company. Our inclusion in the index creates an opportunity to increase Chanticleer's overall visibility among institutional investors," commented Mike Pruitt, CEO of Chanticleer Holdings, Inc.

Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $5.7 trillion in assets are benchmarked to the Russell's U.S. indexes. Russell Indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 1000 and the Russell Indexes reconstitution, go to "Recon Central" section on the FTSE Russell website.

About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), together with its subsidiaries, owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR: The Burger Joint, and owns a majority interest in Just Fresh restaurants in the U.S.

For further information, please visit www.chanticleerholdings.com
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Forward-Looking Statements:
Any statements that are not historical facts contained in this release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

Contact Information

  • Press Information:
    Chanticleer Holdings, Inc.
    Investor Relations
    Phone: 704.366.5122
    ir@chanticleerholdings.com

    Investor Relations
    John Nesbett
    Institutional Marketing Services (IMS)
    Phone 203.972.9200
    jnesbett@institutionalms.com

    Jennifer Belodeau
    Institutional Marketing Services (IMS)
    Phone 203.972.9200