Steinhoff

DGAP-News: Steinhoff International Holdings N.V. : STEINHOFF GLOBAL SETTLEMENT - UPDATE

Thursday, October 14, 2021 - 1:16pm

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its subsidiaries, "Steinhoff") together with Steinhoff International Holdings Proprietary Limited ("SIHPL") announce the following updates in relation to implementation of the Steinhoff Global Settlement.

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its subsidiaries, "Steinhoff") together with Steinhoff International Holdings Proprietary Limited ("SIHPL") announce the following updates in relation to implementation of the Steinhoff Global Settlement.
  • In the meantime, any persons who believe they are claimants under the Steinhoff global settlement are reminded that they may still submit any claims to the verification process as part of the SI55 Proposal.
  • The two components of the settlement consideration will each be payable within a specified period following the Settlement Effective Date.
  • Further updates on the progress towards implementation of the global litigation settlement will be provided in due course.

DGAP-News: Steinhoff International Holdings N.V. : PEPCO GROUP - Year-end Pre-Close Trading Statement

Thursday, October 14, 2021 - 7:01am

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 statement for the financial year ending 30 September 2021.
  • The trading statement 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. : STEINHOFF GLOBAL SETTLEMENT - TERMINATION OF DUTCH SOP PROCEEDINGS

Tuesday, October 5, 2021 - 11:19am

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its subsidiaries, "Steinhoff") announces the following update with respect to the Steinhoff global litigation settlement proposal.

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its subsidiaries, "Steinhoff") announces the following update with respect to the Steinhoff global litigation settlement proposal.
  • On 2 October 2021, the appeal period in respect of the order by the District Court of Amsterdam confirming SIHNV's composition plan has lapsed.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
  • 05.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

DGAP-News: Steinhoff International Holdings N.V. : UPDATE ON MATTRESS FIRM POTENTIAL INITIAL PUBLIC OFFERING

Monday, September 20, 2021 - 3:17pm

Steinhoff International Holdings N.V. ("Steinhoff" or the "Company" and with its subsidiaries, the "Steinhoff Group") advises that Mattress Firm has released the following announcement:

Key Points: 
  • Steinhoff International Holdings N.V. ("Steinhoff" or the "Company" and with its subsidiaries, the "Steinhoff Group") advises that Mattress Firm has released the following announcement:
    HOUSTON, Texas - September 20, 2021 - Mattress Firm Group Inc. announced that it is exploring a potential initial public offering of its common stock by its stockholders and in connection therewith has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC").
  • The number of shares of common stock potentially to be offered by its stockholders and the price range for any such offering have not yet been determined.
  • Any such offering would take place after the SEC completes its review process, and be subject to market and other conditions.
  • Mattress Firm is the leading mattress speciality retailer in the United States, with more than 2 300 retail stores nationwide, giving it the largest mattress retail footprint in the country.

DGAP-News: Steinhoff International Holdings N.V. : RESULTS OF THE PLACING OF SHARES IN PEPKOR HOLDINGS LIMITED

Tuesday, September 14, 2021 - 7:01am

The distribution of this Announcement and the offering for sale of the Placing Shares in certain jurisdictions may be restricted by law.

Key Points: 
  • The distribution of this Announcement and the offering for sale of the Placing Shares in certain jurisdictions may be restricted by law.
  • There will be no public offer of the Placing Shares in the United States of America or in any other jurisdiction.
  • Any investment decision to acquire Placing Shares pursuant to the Placing must be made solely on the basis of publicly available information.
  • The Placing Shares to be sold pursuant to the Placing are not admitted to trading on any stock exchange other than the JSE.

DGAP-News: Steinhoff International Holdings N.V. : LAUNCH OF PLACING OF UP TO 370 MILLION SHARES IN PEPKOR HOLDINGS LIMITED

Monday, September 13, 2021 - 5:05pm

The distribution of this Announcement and the offering for sale of the Placing Shares in certain jurisdictions may be restricted by law.

Key Points: 
  • The distribution of this Announcement and the offering for sale of the Placing Shares in certain jurisdictions may be restricted by law.
  • There will be no public offer of the Placing Shares in the United States of America or in any other jurisdiction.
  • Any investment decision to acquire Placing Shares pursuant to the Placing must be made solely on the basis of publicly available information.
  • The Placing Shares to be sold pursuant to the Placing are not admitted to trading on any stock exchange other than the JSE.

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

Monday, September 6, 2021 - 5:02pm

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. :

Wednesday, August 11, 2021 - 3:19pm

(2) In addition, as announced on 14 February 2021, the settlement terms with Conservatorium include consideration payable by Steinhoff Africa Holdings Pty Limited (on behalf of SIHPL) in the amount EUR 61m.

Key Points: 
  • (2) In addition, as announced on 14 February 2021, the settlement terms with Conservatorium include consideration payable by Steinhoff Africa Holdings Pty Limited (on behalf of SIHPL) in the amount EUR 61m.
  • (3) The "SIHPL Contractual Claimants: Other" values in this table include the amount reserved in relation to Mayfair's disputed Contractual Claim against SIHPL.
  • All claimants are encouraged to support the further revised terms of the Steinhoff Litigation Settlement Proposal and to work with Steinhoff to conclude the approval process as soon as possible.
  • Claimants will be able to review additional information in relation to the Steinhoff Group global settlement and submit their claim details on the following website: www.SteinhoffSettlement.com .

DGAP-News: Steinhoff International Holdings N.V. : UPDATE ON SETTLEMENT IMPLEMENTATION PROGRESS AND AN INCREASED SETTLEMENT PROPOSAL

Friday, July 16, 2021 - 3:02pm

Steinhoff continues to believe that the Steinhoff global settlement proposal, including the materially increased offer described below, represents a significantly better outcome for litigants and creditors relative to the outcomes in the event of no settlement.

Key Points: 
  • Steinhoff continues to believe that the Steinhoff global settlement proposal, including the materially increased offer described below, represents a significantly better outcome for litigants and creditors relative to the outcomes in the event of no settlement.
  • The Steinhoff global settlement proposal was constructed to present claimants with a better outcome than the likely alternative.
  • In line with that approach, as the current value of the Steinhoff Group's investments has improved, Steinhoff is increasing the amount offered in settlement.
  • Accordingly, SIHNV and SIHPL will continue to work towards a co-ordinated global settlement based on the increased settlement proposal detailed below.

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

Wednesday, July 7, 2021 - 7:00am

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.