Share Issue/Capital Change • Dec 5, 2018
Share Issue/Capital Change
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PRESS RELEASE
5 December 2018 – 13:00 (CET)
Regulated Information – Inside information
Antwerp, Belgium – 5 December 2018 – 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 leadsto an increase in Xior's equity capital by an amount of 30 million euro by way of a contribution in kind.
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.
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.
2018 Antwerp www.xior.be
Christian Teunissen, CEO Frederik Snauwaert, CFO Arne Hermans, CIO [email protected] T +32 3 257 04 89
Xior Investor Relations Sandra Aznar Head of Investor Relations [email protected] T +32 3 257 04 89
1 See the previous press release of 5 December 2018 concerning the acquisition of the "Annadal site" in Maastricht.
5 December 2018 – 13:00 (CET)
Regulated Information – Inside information
Xior Student Housing NV is the first Belgian public regulated real estate company (RREC) specialising in the student housing segment in Belgium and the Netherlands. 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 housing for students looking for the ideal place to study, live and relax. A place with that little bit extra, where every student will feel at home right away.
Xior Student Housing has been accredited as a public REIT under Belgian law since 24 November 2015. Xior Student Housing's shares have been listed on Euronext Brussels (XIOR) since 11 December 2015. On 30 September 2018, Xior Student Housing had a property portfolio worth approx. EUR 716 million. More information is available at www.xior.be.
Xior Student Housing NV, Public RREC under Belgian law (BE-REIT) Mechelsesteenweg 34, bus 108, 2018 Antwerp (Belgium) BE 0547.972.794 (Antwerp Company Register, Antwerp department)
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 is active ('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 declines any obligation or guarantee to publicly update or review forward-looking statements unless it is required to do so by law.
The reference in this press release to the private placement by Aloxe NV, Xior's reference shareholder, does not constitute a public offer or any other offer, nor an invitation to purchase or subscribe for any of Xior's securities or a recommendation with regard to any offer. Persons considering an investment in financial instruments should consult an authorised person specialised in advising on such investments. This press release and the other information made available in connection with the proposed transactions described in this press release do not constitute an offer or invitation to purchase or subscribe for Xior securities in, or addressed to residents or citizens of, the United States of America, Canada, Australia, Japan, Switzerland, South Africa or any other jurisdiction where such offer or invitation without registration, exemption from registration, or qualification is not permitted under the relevant jurisdiction's applicable laws, or does not satisfy the conditions required under the relevant jurisdiction's laws. Nor does it constitute an offer or invitation to any person not legally entitled to receive such an offer or invitation. Xior's securities have not been, and will not be registered under the US Securities Act of 1933, as amended, and Xior's securities may not be offered or sold in the United States of America without registration under the US Securities Act of 1933, as amended, or any exemption therefrom. Neither the information contained in this press release nor any copy thereof may be taken or transmitted in and to or distributed, directly or indirectly, in the United States of America, Canada, Australia, Japan, Switzerland, South Africa or elsewhere outside Belgium. The dissemination of the information contained in this press release or on Xior's website in jurisdictions other than Belgium may be subject to legal restrictions and any persons who receive and/or are provided with such information should acquaint themselves and comply with any such restrictions.
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