Successful placement of 1,100,000 Xior shares by fund ESHF 2 Holding Sàrl
***APPROVED FOR EXTERNAL DISTRIBUTION TO REG S BUYERS AND TO 144A US QIBS*** IN THE UNITED STATES, ONLY FOR DISTRIBUTION TO QIBS. IN EEA AND UK, DISTRIBUTION ONLY TO QUALIFIED INVESTORS. IN AUSTRALIA, TO “SOPHISTICATED INVESTORS” OR “PROFESSIONAL INVESTORS” WHO ARE “WHOLESALE CLIENTS”. IN SOUTH AFRICA, ONLY TO INVESTORS WHO FALL WITHIN SECTION 96(1)(a) OR (b) OF THE SOUTH AFRICAN COMPANIES ACT. IN CANADA, ONLY TO INSTITUTIONAL INVESTORS WHO ARE BOTH AN "ACCREDITED INVESTOR” AND A "PERMITTED CLIENT" IN ONTARIO, QUÉBEC, ALBERTA OR BRITISH COLUMBIA. NOT FOR DISTRIBUTION INTO JAPAN. NOT PERMITTED FOR RE-DISTRIBUTION BY INTENDED RECIPIENT.
Xior Student Housing was informed that, yesterday after the close of trading, a private placement of 1,100,000 shares was successfully completed. The 1,100,000 shares were placed by way of a bookbuilding with institutional investors at the price of 28.60 EUR per share, representing a discount of c. 6.8% compared to the last Xior share price on 3 April 2023 of 30.70 EUR. As part of this placement, the seller ESHF 2 Holdings Sàrl entered into a lock-up commitment, with customary exceptions, of 60 days for the remaining Xior shares in its possession.
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