DGAP-News Steinhoff International Holdings N.V. : Response to Censure imposed by the JSE
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
Response to Censure imposed by the JSE
Steinhoff International Holdings N.V. ( "Steinhoff" or "the Company") notes today's announcement from the Johannesburg Stock Exchange ("JSE") informing the market that it has found Steinhoff and Steinhoff International Holdings Proprietary Limited ("SIHPL"), the former holding company that was previously listed on the JSE, to have been in breach of the JSE Listings Requirements in the period up to September 2016 and is imposing a public censure and fines totalling R13 500 000 on Steinhoff and SIHPL.
Louis du Preez, Chief Executive Officer and Management Board member, said:
"Steinhoff notes the JSE's decision, which relates to the period predating the discovery of accounting irregularities in December 2017. We are pleased that this concludes the JSE's process in respect of the Company"
Stellenbosch, South Africa
20 October 2020
20.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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|Company:||Steinhoff International Holdings N.V.|
|cnr Adam Tas and Devon Valley Road|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1141815|
|End of News||DGAP News Service|
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