Successful placement of 800,000 Xior shares

Xior Student Housing NV, the Belgian real estate investment trust (BE-REIT) specialising in student housing in Belgium and the Netherlands, is pleased to announce the successful placement of 800,000 of Xior shares by its reference shareholder, Aloxe NV, as a result of which the trading of Xior shares on Euronext Brussels on 5 December 2018 has been suspended at Xior's request. This was a first step in the transaction to acquire the "Annadal site" in Maastricht (the Netherlands), which leads to an increase in Xior's equity capital by an amount of 30 million euro by way of a contribution in kind.

Successful private placement
Xior's reference shareholder, Aloxe NV, has placed existing Xior shares for an amount of 30 million euro through a private placement. The 800,000 shares were placed with a broad base of Belgian and international investors, at a price of 37.50 euro per share, representing a discount of 3.40% compared to the closing price of Tuesday, 4 December 2018, which was EUR 39.40, adjusted by the estimated value of coupon no. 8 detached before the placement, i.e. EUR 38.82 after this adjustment. In view of the detachment of coupon number 8 announced in the context of this transaction, Xior shares will remain suspended throughout the day and trading will resume on 6 December 2018 at the opening of the stock exchange.

The advisers were ING Belgium and Bank Degroof Petercam.

First step of the contribution in kind of the Annadal site in Maastricht (the Netherlands) carried out
The placement, whose object is the sale of existing shares of Aloxe NV, Xior's reference shareholder, is part of the transaction planned by Xior concerning the Annadal site in Maastricht (the Netherlands). Xior plans to acquire part of the real estate company that owns this site in Maastricht1 on 12 December 2018 through a contribution in kind of the shares in the real estate company concerned. The underlying property has an agreed value of approximately 62.6 million euro.

1 See the previous press release of 5 December 2018 concerning the acquisition of the "Annadal site" in Maastricht.

________________________________
For more information about this transaction please contact:
Xior Student Housing 
Mechelsesteenweg 34, box 108
2018 Antwerp
www.xior.be
                                           
Christian Teunissen, CEO
Frederik Snauwaert, CFO
Arne Hermans, CIO

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

 

Christian Teunissen

CEO

Frederik Snauwaert

CFO

Arne Hermans

CIO

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 31 March 2025, Xior Student Housing held a property portfolio worth approximately 3.36 billion EUR. 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
This press release contains forward-looking information, projections, convictions, opinions and estimates produced by Xior 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