Intended private placement of 517,628 shares in Xior Student Housing
Xior was informed that a block of 517,628 new Xior shares, issued earlier this morning as part of a capital increase by way of a contribution in kind (indirectly) of the land and existing constructions that are part of the project at Enschede, will be sold today through the intermediary of ING Belgium NV and Bank Degroof Petercam NV within the framework of a private placement with institutional investors.
Trading in Xior shares will therefore be suspended on Euronext Brussels today until the results of this private placement have been announced in a press release.
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For more information about this transaction please contact:
Xior Student Housing NV
Mechelsesteenweg 34, Box108
2018 Antwerp
www.xior.be I info@xior.be
Christian Teunissen, CEO
Frederik Snauwaert, CFO
Arne Hermans, CIO
Tel. +32 3 257 04 89