DGAP-News Steinhoff International Holdings N.V. : UPDATE ON PEPCO GROUP
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
Steinhoff International Holdings N.V. ("Steinhoff" or the "Company" and with its subsidiaries, the "Group").
On 8 November 2019, the Group announced that it was considering and evaluating a range of strategic options for the Pepco Group, including a potential public listing. During the course of 2020 further announcements confirmed that the intention remained, but that the likely timing had inevitably been impacted by the COVID-19 pandemic.
The evaluation process has now resumed, with a range of strategic options under consideration. The process remains in its early stages and no definitive decision has been taken with respect to any specific course of action or timing at this point.
The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
25 January 2021
25.01.2021 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:||1162998|
|End of News||DGAP News Service|