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DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
STEINHOFF GLOBAL SETTLEMENT - TERMINATION OF DUTCH SOP PROCEEDINGS
Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its subsidiaries, "Steinhoff") announces the following update with respect to the Steinhoff global litigation settlement proposal.
On 2 October 2021, the appeal period in respect of the order by the District Court of Amsterdam confirming SIHNV's composition plan has lapsed. No party has lodged an appeal against this confirmation order. This means that the confirmation of SIHNV's composition plan has become final and unappealable (in kracht van gewijsde), resulting in the termination of the suspension of payments proceedings of SIHNV pursuant to Section 276 of the Dutch Bankruptcy Act.
The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
Stellenbosch, South Africa
5 October 2021
05.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
Steinhoff International Holdings N.V.
cnr Adam Tas and Devon Valley Road
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:
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