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Steinhoff International Holdings N.V. : ​​​​​​​UPDATE ON DUTCH SoP CONFIRMATION HEARING

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DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
16.09.2021 / 15:45
The issuer is solely responsible for the content of this announcement.

UPDATE ON DUTCH SoP CONFIRMATION HEARING

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group") announces that during the confirmation hearing in relation to SIHNV's Dutch suspension of payments in the District Court of Amsterdam today, the Court heard the Dutch Administrators, the attending SoP creditors and the Company on the confirmation of the Composition Plan. The confirmation of the Composition Plan was recommended by the supervisory judges and the Dutch Administrators and was supported by the Company and the attending SoP creditors. The District Court of Amsterdam has indicated that it will issue a judgment on 23 September 2021.

Update on SIHPL's s155 Proposal

Steinhoff International Holdings Proprietary Limited ("SIHPL") has issued its application to the Western Cape Division of the High Court of South Africa for an order to sanction its s155 proposal adopted at the meetings of scheme creditors held on 6 and 10 September 2021. The application has been set down for hearing on 30 September 2021.

The application, including related relevant dates, is available at www.SteinhoffSettlement.com.

Further updates will be provided as and when appropriate.

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

Stellenbosch, South Africa
16 September 2021
 


16.09.2021 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:

1234018


 

End of News

DGAP News Service

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