DGAP-Adhoc
Steinhoff International Holdings N.V. : SIHNV RESOLVES TO FILE APPLICATION FOR SUSPENSION OF PAYMENTS
DGAP-Ad-hoc: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ART. 17 OF THE EU MARKET ABUSE REGULATION (EU 596/2014, MAR) |
SIHNV RESOLVES TO FILE APPLICATION FOR SUSPENSION OF PAYMENTS
Steinhoff International Holdings N.V. ("SIHNV" or the "Company", together with its subsidiaries, "Steinhoff" or the "Steinhoff Group") announces that it has resolved to lodge with the Amsterdam District Court an application for Dutch "suspension of payments" procedure ("Dutch SoP") as soon as practicable to implement its proposal to settle certain multi-jurisdictional legacy litigation and various claims against SIHNV.
Further updates on the opening of a Dutch SoP will be provided in due course.
The Dutch SoP procedure will not directly affect any of the operating businesses in the Steinhoff Group.
The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
Stellenbosch, South Africa
15 February 2021
Contact:
Steinhoff International Holdings N.V.
Investor Relations
Tyrrel Murray
Phone: +27 21 808 0770
E-mail: tyrrel.murray@steinhoff.co.za
15-Feb-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: | 1168148 |
End of Announcement | DGAP News Service |
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1168148 15-Feb-2021 CET/CEST