| DGAP-Ad-hoc: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous Steinhoff International Holdings N.V. : UPDATE ON S155 MEETINGS 06-Sep-2021 / 15:00 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ART. 17 OF THE EU MARKET ABUSE REGULATION (EU 596/2014, MAR) UPDATE ON S155 MEETINGS Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group") and Steinhoff International Holdings Proprietary Limited ("SIHPL") provide the following update on the implementation of the Steinhoff global litigation settlement proposal. Today, two of the three creditors' class meetings were held in relation to SIHPL's proposal in terms of section 155 of the South African Companies Act, 71 of 2008 (the "S155 Proposal"). As previously announced and explained, the S155 Proposal proposed three classes of claimants for voting: the SIHPL Financial Creditors; the SIHPL Market Purchase Claimants ("MPCs"); and the SIHPL Contractual Claimants. As announced earlier today, pursuant to an order of the Western Cape High Court in South Africa made on Sunday, 5 September 2021, the meeting of the SIHPL Contractual Claimants has been postponed to Thursday, 9 September 2021 at 11am (SAST) or such time thereafter as determined by the Chairman. The Board of SIHPL is pleased to report that its S155 Proposal has obtained sufficient support to pass the applicable statutory thresholds for approval (a majority in number representing at least 75% by value) from the SIHPL Financial Creditors and the SIHPL MPCs at their respective meetings. The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited. Stellenbosch, South Africa Contact: Steinhoff International Holdings N.V. Investor Relations Phone: +27 21 808 0700 E-mail: investors@steinhoffinternational.com 6 September 2021
06-Sep-2021 CET/CEST 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: | 1231465 |
| End of Announcement | DGAP News Service |
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1231465 06-Sep-2021 CET/CEST
