Successful placement of 517,628 Xior shares
Xior has been informed that the private placement of a block of 517,628 shares issued this morning as part of the contribution in kind (indirectly) of the land and existing constructions that are part of the project at Enschede has been successful.
The 517,628 shares were placed by ING Belgium NV and Degroof Petercam NV across a broad base of Belgian and international investors at a price of 35.50 euro per share, which represents a discount of ca. 3% compared to the closing price of yesterday, 27 March 2018, corrected for the detachment of coupon 5. Trading in Xior shares on Euronext Brussels was suspended this morning due to this private placement, and will resume as soon as possible after publication of this 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