Successful placement of 332,701 Xior shares
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE THE EXTENSION OR AVAILABILITY OF THE OFFERING (AND ANY OTHER TRANSACTION CONTEMPLATED THEREBY) WOULD BREACH ANY APPLICABLE LAW OR REGULATION.
Xior Student Housing was informed that a private placement of 332,701 shares, issued earlier this morning in the framework of the indirect acquisition of the student residence "365 Rooms" in Brussels1 , has been successful.
The 332,701 shares were placed by BNP Paribas Fortis by way of a bookbuilding across institutional investors after extensive market consultation at a price of EUR 52.75 per share, which represents a discount of 2.95 % compared to yesterday's closing price, 6 October 2020 minus the pro rata temporis portion of the gross dividend for the 2020 financial year.
The trading of Xior shares on Euronext Brussels has been suspended since this morning as a result of this private placement and will resume as soon as possible after the publication of this press release.
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1 See previous press release dated 7 October 2020.
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