Shareholders support Xior’s path to the top of Europe
Successful closing of the BaseCamp acquisition - Publication of the new denominator under the Transparency Act
Xior is pleased to announce that at the Extraordinary Shareholders Meeting held yesterday, 15 September 2022, all present and represented shareholders, that together own more than 59% of Xior’s outstanding share capital, have approved the acquisition of BaseCamp with the required special majority.
As a result, the first phase in this acquisition was completed, realized through (i) the contributions of a portfolio of prime PBSA1 assets and (ii) the acquisition of the Danish operational companies of BaseCamp. As a result of the contributions, which entail a capital increase of EUR 296,613,756.50 (including share premium), 6,741,221 new shares were issued by Xior at an issue price of EUR 44.00 per share. The shares will be listed as of 16 September 2022 for which purpose the Company published a prospectus for listing and admission to trading on its website (Capital increase 2022).
Christian Teunissen, CEO Xior: “I am very proud to announce the successful closing of the BaseCamp acquisition. I am also very thankful to all our shareholders for their support and to the Xior & BaseCamp teams who worked day and night to successfully complete this acquisition. I also want to welcome BaseCamp to our Xior family. I truly believe that, thanks to the strong market position each of the two companies has built, the highly complementary portfolios and the benefits of additional competences, we are now stronger and more resilient. Thanks to this major step forward a new dimension will be added to Xior’s story supporting the creation of shareholder value. We look forward to integrating the teams and businesses and keep on delivering for all our stakeholders, always serving our tenants by offering qualitative housing with a best in class service.”
Find the full press release in the PDF file added below.
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For more information, please contact:
Xior Student Housing NV
Frankrijklei 64-68
2000 Antwerp, Belgium
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