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

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.

Contact us

Arnaud Denis

External Communication, Degroof Petercam

Alexandra Niehe

Head of corporate communications, Degroof Petercam

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About Degroof Petercam

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house, built on more than 150 years of integrated financial knowledge. As responsible employer and investor, we contribute to sustainable growth. Private clients and families, entrepreneurs, corporations, professional investors and institutions trust us for our strong convictions and our continuum of services in wealth management, investment management and investment banking.

On December 31, 2024, total client assets amounted to € 64 billion. More than 1 000 experts are committed to our clients from our headquarters in Belgium and our branches in France, Germany, Italy, Luxembourg, Switzerland, Spain, the Netherlands and Hong Kong. 

Degroof Petercam is owned by Indosuez Wealth Management and by its historical minority shareholder CLdN Cobelfret. Our clients and experts benefit from the vast expertise and international network of Indosuez and the Crédit Agricole group, the world's 10th largest bank (The Banker, 2025). With approximately € 215 billion in client assets, more than 4300 staff members active in 15 territories, Indosuez is one of the European leaders in wealth management.

www.degroofpetercam.com  
Degroof Petercam
Trust. Knowledge

Contact