SEATTLE, June 28, 2016 /PRNewswire/ -- WMIH Corp. (NASDAQ:
WMIH) (the "Company" or "WMIH") today announced that it has been added to the Russell 2000® Index.
William C. Gallagher, the Chief Executive Officer of WMIH, stated, "We are very pleased to be
included in the Russell 2000® Index. This is an important milestone for the Company and represents an opportunity to
increase our visibility within the investment community."
Annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of the end of May, ranking them by
total market capitalization. The Russell 2000® Index measures the performance of approximately 2,000 of the leading small company
stocks in the United States. It represents a subset of approximately 2,000 small-cap companies
in the Russell 3000® Index and serves as a benchmark for small-cap stocks in the United States.
Russell determines membership for its equity indices primarily by objective, market-capitalization rankings, and style
attributes.
Indexes provided by FTSE Russell, a leading global index provider, are widely used by investment managers and institutional
investors for index funds and as benchmarks for active investment strategies. Approximately $6
trillion in assets are benchmarked against the Russell US indexes.
For more information on the Russell 2000® Index and the Russell US Indexes reconstitution, go to the "Russell Reconstitution"
section on the FTSE
Russell website.
About WMIH Corp.
WMIH Corp. (NASDAQ: WMIH) is a corporation duly organized and existing under the laws of the State
of Delaware. WMIH is the direct parent of WM Mortgage Reinsurance Company, Inc., a Hawaii
corporation ("WMMRC"), and WMI Investment Corp., a Delaware corporation. On March 19, 2012, WMIH emerged from bankruptcy proceedings as the successor to Washington Mutual, Inc. Upon
emergence from bankruptcy, we had limited operations other than WMMRC's legacy reinsurance business, which is being operated in
runoff mode and has not written any new business since September 26, 2008. We continue to operate
WMMRC's business in runoff mode and we are actively seeking acquisition opportunities across a broad array of industries.
About FTSE Russell
FTSE Russell is a global index leader and data provider that provides innovative benchmarking, analytics and data solutions
for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes
in more than 70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately
$10 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset
owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment
performance and create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry
standards in index design and governance, and embraces the IOSCO principles. FTSE Russell is also focused on index innovation and
client collaboration as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit www.ftserussell.com.
Safe Harbor Statement Under the U.S. Private Securities Litigation Reform Act of 1995
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All
statements other than statements of historical fact included in this press release that address activities, events, conditions or
developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements.
Forward-looking statements give our current expectations and projections relating to our financial condition, results of
operations, plans, objectives, future performance and business and these statements are not guarantees of future performance.
These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking
statements may include the words "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "strategy,"
"future," "opportunity," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar
expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance
to differ materially from those indicated by such statements. Some of these risks are identified and discussed under "Risk
Factors" in the Company's most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q or Current
Report on Form 8-K. These risk factors will be important to consider in determining future results and should be reviewed in
their entirety. These forward-looking statements are expressed in good faith and we believe there is a reasonable basis for them.
However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur
or be achieved. Forward-looking statements speak only as of the date they are made, and we do not undertake to update any
forward-looking statement, except as required by law.
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SOURCE WMIH Corp.