Steinhoff International

DGAP-News: Steinhoff International Holdings N.V. : PIC SETTLEMENT SUPPORT AND JURISDICTION RULING

Retrieved on: 
Monday, September 6, 2021
Civil procedure, Motion in limine, Steinhoff International, Motion, Intervention, Interlocutory, Law, Steinhoff, Articles, Government

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group provide the following updates.

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group provide the following updates.
  • The Public Investment Corporation ("PIC") and SIHNV and Steinhoff International Holdings (Pty) Ltd ("SIHPL") have entered into a settlement support agreement under which the PIC on behalf of itself and its clients including the Government Employees Pension Fund, have agreed to support the Steinhoff global settlement proposal.
  • For the avoidance of doubt, the Court has made no finding on the merits of the application, and has issued no Order in that regard.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

DGAP-News: Steinhoff International Holdings N.V. : PEPKOR HOLDINGS LIMITED - Voluntary trading update for the nine months ended 30 June 2021

Retrieved on: 
Friday, July 23, 2021
Steinhoff International, Pepkor, Service companies, Economy of South Africa, Companies, Markus Jooste

Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group").

Key Points: 
  • Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group").
  • Shareholders of the Company and holders of the cumulative, non-redeemable, non-participating, variable rate preference shares issued by Steinhoff Investment Holdings Limited are referred to the voluntary trading update for the nine months ended 30 June 2021 published today by the Company's subsidiary, Pepkor Holdings Limited.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
  • 23.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

DGAP-News: Steinhoff International Holdings N.V. : PEPKOR HOLDINGS LIMITED - VOLUNTARY UPDATE ON CIVIL UNREST

Retrieved on: 
Friday, July 16, 2021
Steinhoff International, Pepkor, Service companies, Economy of South Africa, Companies, Markus Jooste

Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group").

Key Points: 
  • Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group").
  • Shareholders of the Company and holders of the cumulative, non-redeemable, non-participating, variable rate preference shares issued by Steinhoff Investment Holdings Limited are referred to the voluntary update on civil unrest published today by the Company's subsidiary, Pepkor Holdings Limited.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
  • 16.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

DGAP-News: Steinhoff International Holdings N.V. : ​​​​​​​PEPCO GROUP - Quarter 3 Trading Announcement

Retrieved on: 
Friday, July 16, 2021
Retailers, Retailing, Service companies, Steinhoff International, Variety stores, DealZ, Poundland, DealZ, Pepco, Markus Jooste

Steinhoff International Holdings N.V. ("Steinhoff" and with its subsidiaries, the "Group").

Key Points: 
  • Steinhoff International Holdings N.V. ("Steinhoff" and with its subsidiaries, the "Group").
  • Shareholders are advised that Steinhoff's subsidiary, the fast-growing pan-European variety discount retailer, Pepco Group, owner of the PEPCO and Dealz brands in mainland Europe and Poundland in the United Kingdom, has today released a trading update for the third financial quarter ending 30 June 2021.
  • The trading update is available on the Pepco Group website ( https://www.pepcogroup.eu/ ).
  • Steinhoff has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

DGAP-News: Steinhoff International Holdings N.V. : ​​​​​​​HAMILTON WITHDRAWS DUTCH APPEAL

Retrieved on: 
Wednesday, July 7, 2021
Steinhoff International, Steinhoff, Court of Appeal of New Zealand

Steinhoff International Holdings N.V. ("SIHNV", together with its subsidiaries, the "Steinhoff Group") provides the following update on the Dutch suspension of payments proceedings (the "Dutch SoP").

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV", together with its subsidiaries, the "Steinhoff Group") provides the following update on the Dutch suspension of payments proceedings (the "Dutch SoP").
  • As announced previously, Hamilton lodged an appeal against the 15 June 2021 ruling of the Amsterdam District Court (the "Court") to dismiss the counter-requests made by Hamilton for alternative measures related to the Dutch SoP claim review and voting process.
  • The Amsterdam Court of Appeal (the "Court of Appeal") informed SIHNV that this appeal has been withdrawn at the request of Hamilton.
  • The Steinhoff Group maintains that a global settlement is in the best interest of all parties and will continue to take steps to achieve such a settlement.

DGAP-News: Steinhoff International Holdings N.V. : UPDATE ON SECTION 45 APPLICATION

Retrieved on: 
Friday, July 2, 2021
Steinhoff International, JSE Limited, Steinhoff, Economy of South Africa, JSE, Service companies, Companies

Steinhoff International Holdings N.V. ("SIHNV" or the "Company", together with its subsidiaries, "Steinhoff" or the "Steinhoff Group") provides the following update.

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV" or the "Company", together with its subsidiaries, "Steinhoff" or the "Steinhoff Group") provides the following update.
  • Hamilton B.V. and Hamilton 2 B.V. also joined the application as the second and third applicants respectively.
  • SIHPL and the Company are considering the implications of the judgment, including for SIHPL's proposed section 155 proposal, and will provide an update in due course.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

United States RTA Furniture Market Report 2021-2025, Featuring Ashley Furniture Industries Inc., BESTAR Inc., Dorel Industries Inc., Euro Style Inc., and Flexsteel Industries Inc - ResearchAndMarkets.com

Retrieved on: 
Friday, June 25, 2021
Retail, Home Goods, Retailing, Retailers, Companies, DIY culture, Furniture, Ready-to-assemble furniture, IKEA, Steinhoff International, Ṛta, Dorel Industries, Sauder, Walmart

The "RTA Furniture Market in US 2021-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "RTA Furniture Market in US 2021-2025" report has been added to ResearchAndMarkets.com's offering.
  • The RTA furniture market in the US is forecast to grow by $1.73 billion during 2021-2025, progressing at a CAGR of almost 2% during the forecast period.
  • The market is driven by the highly developed retail sector and apparent benefits of RTA furniture.
  • The report on RTA furniture market in US covers the following areas:
    The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading RTA furniture market in US vendors that include Ashley Furniture Industries Inc., BESTAR Inc., Dorel Industries Inc., Euro Style Inc., Flexsteel Industries Inc., Inter IKEA Holding BV, Sauder Woodworking Co., Steinhoff International Holdings NV, Tvilum AS, and Walmart Inc. Also, the RTA furniture market in US analysis report includes information on upcoming trends and challenges that will influence market growth.

DGAP-News: Steinhoff International Holdings N.V. : Pepco Group - Interim Results for the six-months ended 31 March 2021

Retrieved on: 
Thursday, June 24, 2021
Retailers, Retailing, Steinhoff International, Service companies, DealZ, Exelon, Pepco, Poundland, DealZ, Markus Jooste, Pepkor

Steinhoff International Holdings N.V. ("Steinhoff" and with its subsidiaries, the "Group").

Key Points: 
  • Steinhoff International Holdings N.V. ("Steinhoff" and with its subsidiaries, the "Group").
  • Shareholders are advised that Steinhoff's subsidiary, the fast-growing pan-European variety discount retailer, Pepco Group, owner of the PEPCO and Dealz brands in Europe and Poundland in the United Kingdom, has today reported interim financial results for the six-months ended 31 March 2021.
  • Details of the results, and further information on Pepco Group, are available on the Pepco Group website ( https://www.pepcogroup.eu/ ).
  • Steinhoff has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

DGAP-News: Steinhoff International Holdings N.V. : ​​​​​​​UNAUDITED INTERIM RESULTS FOR PEPKOR HOLDINGS LIMITED ('PEPKOR')

Retrieved on: 
Thursday, May 27, 2021
Financial markets, Finance, Financial economics, Steinhoff International, Equity securities, Preferred stock, Markus Jooste

Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group").

Key Points: 
  • Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group").
  • Shareholders of the Company and holders of the cumulative, non-redeemable, non-participating, variable rate preference shares issued by Steinhoff Investment Holdings Limited are referred to PEPKOR's unaudited interim results for the six months ended 31 March 2021 published today.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
  • 27.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

DGAP-News: Steinhoff International Holdings N.V. : UPDATE ON PROVISIONAL LIQUIDATION APPLICATION

Retrieved on: 
Wednesday, May 26, 2021
Insolvency, Business law, Bankruptcy, Economy, Steinhoff International, Finance, Liquidation, Provisional liquidation, Steinhoff

Steinhoff International Holdings N.V. ("SIHNV" or the "Company", together with its subsidiaries, "Steinhoff" or the "Steinhoff Group") provides the following update in respect of the application for provisional liquidation of SIHNV ("the Liquidation Application") made by the entities affiliated with the former shareholders of Tekkie Town (Pty) Ltd ("Tekkie Town Claimants") in the Western Cape Division of the High Court of South Africa (the "Court") previously announced by the Company on 13 May 2021.

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV" or the "Company", together with its subsidiaries, "Steinhoff" or the "Steinhoff Group") provides the following update in respect of the application for provisional liquidation of SIHNV ("the Liquidation Application") made by the entities affiliated with the former shareholders of Tekkie Town (Pty) Ltd ("Tekkie Town Claimants") in the Western Cape Division of the High Court of South Africa (the "Court") previously announced by the Company on 13 May 2021.
  • Yesterday (25 May 2021), the Court directed that the hearing will take place between 1 September and 3 September 2021.
  • The Court also set a timetable for the Parties, including any intervening parties, to deliver papers in the Liquidation Application and / or in support of applications to intervene in the Liquidation Application, prior to the hearing of the Liquidation Application.
  • Further updates in relation to Steinhoff settlement process and related matters will be provided in due course.