DGAP-Adhoc Steinhoff International Holdings N.V. : DUTCH SUSPENSION OF PAYMENTS PROCEDURE OPENED FOR SIHNV
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)
DUTCH SUSPENSION OF PAYMENTS PROCEDURE OPENED FOR SIHNV
Steinhoff International Holdings N.V. ("SIHNV" or the "Company", together with its subsidiaries, "Steinhoff" or the "Steinhoff Group") announces that further to its announcement of 15 February 2021 the Amsterdam District Court has also today approved SIHNV's application for the opening of a Dutch "suspension of payments" procedure (surseance van betaling) ("Dutch SoP") in respect of SIHNV.
The court has set the following key dates in respect of the Dutch SoP:
- 15 June 2021: voting record date; and
- 30 June 2021 at 10am (CET): creditor's meeting.
The Dutch SoP procedure will not directly affect any of the operating businesses in the Steinhoff Group.
Steinhoff International Holdings Proprietary Limited will now take steps to launch its statutory compromise process under section 155 of the South African Companies Act.
Further updates will be provided in due course.
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
Steinhoff International Holdings N.V.
Phone: +27 21 808 0770
15-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
|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:||1168476|
|End of Announcement||DGAP News Service|
1168476 15-Feb-2021 CET/CEST
|Diskussion: Steinhoff: Tag der Rettung – wieviel Wert bleibt in der Aktie?|