Successful private placement of 339.678 new Xior shares for a total amount of EUR 11.3 million

Tuesday, October 11, 2016 — Bank Degroof Petercam has successfully completed a private placement of new Xior shares– a Belgian REIT (Real Estate Investment Trust) specialized in student housing in Belgium and Netherlands - as Joint bookrunner.

On 11 October 2016, Xior successfully completed the acquisition of a student accommodation building in the centre of Breda consisting of 122 units. This acquisition was completed following a contribution in kind and issuance of 339.678 new Xior’ shares of for a total amount of approximately EUR 10.6 million. The issue price was EUR 31.30 per share, after detaching the pro rata temporis part of the envisaged dividend for the 2016 financial year up to the issue date.

The 339.678 shares were, after the suspension of the share on the stock exchange, placed with a broad audience of Belgian and international investors at the price of 32,77 EUR per share. This entails a discount of 0% with regards to the closing price of October 10th 2016, corrected for the detachment of coupon 1. After the listing resumed the stock Xior rose 2,5% higher at the end of the trading day.

This transaction follows the successful IPO for a total amount of EUR 88 million in December 2015.