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Steinhoff International Holdings N.V. : ​​​​​​​HAMILTON WITHDRAWS DUTCH APPEAL

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DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
07.07.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

HAMILTON WITHDRAWS DUTCH APPEAL

Steinhoff International Holdings N.V. ("SIHNV", together with its subsidiaries, the "Steinhoff Group") provides the following update on the Dutch suspension of payments proceedings (the "Dutch SoP").

As announced previously, Hamilton lodged an appeal against the 15 June 2021 ruling of the Amsterdam District Court (the "Court") to dismiss the counter-requests made by Hamilton for alternative measures related to the Dutch SoP claim review and voting process. The Amsterdam Court of Appeal (the "Court of Appeal") informed SIHNV that this appeal has been withdrawn at the request of Hamilton. Hamilton's withdrawal followed the Court of Appeal's rejection, on 29 June 2021, of Hamilton's appeal against the Court's 28 May 2021 decision to inter alia establish a committee of representation.

The Steinhoff Group maintains that a global settlement is in the best interest of all parties and will continue to take steps to achieve such a settlement. Further updates will be provided to the market in due course.

SIHNV has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

Stellenbosch, South Africa

7 July 2021

 


07.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Steinhoff International Holdings N.V.

cnr Adam Tas and Devon Valley Road

7600 Stellenbosch

South Africa

Phone:

+27218080700

Fax:

+27218080800

E-mail:

investors@steinhoffinternational.com

Internet:

www.steinhoffinternational.com

ISIN:

NL0011375019

WKN:

A14XB9

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1215937


 

End of News

DGAP News Service

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