Shareholders opt for around 63% of shares for optional dividend

Publication of the new denominator under the Transparency legislation

Xior’s shareholders have chosen for approximately 62.74% of their dividend claims for a contribution of their net dividend claim in exchange for new shares instead of a dividend in cash.

This results in a capital increase for Xior of approximately 6.08 million euros by way of creation of 150,143 new shares, as a result of which the aggregate number of Xior shares will be equal to 13,918,958.

I. Capital increase in the framework of the optional dividend

This capital increase leads to a retention of funds within the company that will be used to strengthen its equity and to lower its (statutory limited) debt-to-assets ratio. This capital increase thus offers Xior the possibility to acquire additional assets financed with debt, and enables the Company to realise its growth intentions through additional future investments.

This result leads to a decrease of the debt-to-assets ratio of approx. 0.7% (in comparison with a 100% dividend payment in cash) and results in a capital increase of approximately 6.08 million euros following the optional dividend.

Today, Tuesday 4 June 2019 – prior to opening of the markets – the company initiated the effective settlement of the dividend, whereby, depending on the shareholder’s option, (i) the new shares, issued in consideration for the contribution of net dividend rights, will be delivered, (ii) the payment in cash will occur, or (iii) a combination of the two previous options.

The newly created shares are admitted to trading on the regulated market of Euronext Brussels as of today and are immediately tradable.

II. Disclosure under Article 15 of the Act of 2 May 2007 (the Transparency Act)

Following the capital increase and issue of 150,143 new shares at a total issue price of 6,080,791.50 euros (more specifically 2,702,574 euros capital increase and 3,378,217.50 euros issue premium), Xior Student Housing NV discloses the following information, in compliance with Article 15 of the Transparency Act, per 4 June 2019:
▪ Total capital: EUR 250,541,244.00
▪ Total number of securities with voting rights: 13,918,958 (all ordinary shares)
▪ Total number of voting rights (= denominator): 13,918,958 (all attached to ordinary shares)

Each of these shares confers one vote at the general meeting and these shares are therefore the denominator for purposes of publications under the transparency rules (i.e. notification in the event of reaching, exceeding or failing to meet the thresholds specified by law or in the Articles of Association). Xior Student Housing NV's Articles of Association do not provide for additional statutory thresholds. There are no outstanding options or warrants that confer rights to shares, nor preference shares or shares without voting rights.

__________________

For more information please contact:
Xior Student Housing NV
Mechelsesteenweg 34, box 108
2018 Antwerp
www.xior.be

Christian Teunissen, CEO
Frederik Snauwaert, CFO
info@xior.be
T +32 3 257 04 89

Xior Investor Relations
Sandra Aznar
Head of Investor Relations
ir@xior.be
T +32 3 257 04 89

Xior - press release EN

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Xior Student Housing NV

 

Christian Teunissen

CEO

Frederik Snauwaert

CFO

Sandra Aznar

Head of Investor Relations

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About Xior Student Housing NV

Xior Student Housing NV is the first Belgian public regulated real estate company (RREC) specialising in the student housing segment in Belgium, the Netherlands, Spain, Portugal, Germany, Poland, Denmark and Sweden. Within this property segment, Xior Student Housing offers a variety of accommodation, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. Since 2007, as owner-operator, Xior Student Housing has built high-quality, reliable student accommodation for students looking for the ideal place to study, live and relax. A place with that little bit extra, where every student immediately feels at home.

Xior Student Housing has been accredited as a public RREC under Belgian law since 24 November 2015. Xior Student Housing's shares have been listed on Euronext Brussels (XIOR) since 11 December 2015. On 30 June 2025, Xior Student Housing held a property portfolio worth approximately EUR 3.5 billion. More information is available at www.xior.be.

Xior Student Housing NV, a Public RREC under Belgian law (BE-REIT)
Frankrijklei 64-68, 2000 Antwerp, Belgium
BE 0547.972.794 (Antwerp Register of Legal Entities, Antwerp Division)

Disclaimer
in relation to the expected future performance of Xior and of the market in which it operates ('forward-looking statements'). By nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, that appear justified at the time at which they are made but which may or may not turn out to be accurate, and there is a risk that the forward-looking statements will not be realised. Some events are difficult to predict and may depend on factors outside of Xior's control. In addition, the forward-looking statements are only valid on the date of this press release. Statements in this press release relating to past trends or activities may not be interpreted as an indication that such trends or activities will persist in future. Neither Xior nor its representatives, officers or advisers can guarantee that the parameters upon which the forward-looking statements are based are free of errors, nor can they indicate, guarantee or predict whether the expected results set out in such a forward-looking statement will ultimately be achieved. Actual profits, the financial situation and Xior's performance or results may therefore differ substantially from the information projected or implied in forward-looking statements. Xior expressly does not accept any obligations or guarantees as to public updates or reviews of forward-looking statements unless required to do so by law. This press release has been prepared in Dutch and has been translated into English and French. In case of discrepancies between the different versions of this press release, the Dutch version will prevail.

Contact

Frankrijklei 64-68 2000 Antwerp, Belgium Belgium

+32 3 257 04 89

info@xior.be

www.xior.be