Chanticleer Holdings Set to Join Russell Microcap Index

Chanticleer Holdings, Inc. 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.
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