Superior Courts Act, 2013

DGAP-News: Steinhoff International Holdings N.V. : Application for posponement

Retrieved on: 
Monday, September 13, 2021

As previously announced, in respect of the liquidation application proceedings ("the liquidation application") launched by AJVH Holdings and four others ("the applicants") against Steinhoff International Holdings N.V. ("SIHNV"), certain preliminary matters were set down for initial hearing in the Cape Town High Court ("the Court") on 1 to 3 September 2021.

Key Points: 
  • As previously announced, in respect of the liquidation application proceedings ("the liquidation application") launched by AJVH Holdings and four others ("the applicants") against Steinhoff International Holdings N.V. ("SIHNV"), certain preliminary matters were set down for initial hearing in the Cape Town High Court ("the Court") on 1 to 3 September 2021.
  • For the avoidance of doubt, the Court made no finding on the merits of the application, and has issued no Order in that regard.
  • In addition, both SIHNV and the Financial Creditors have today brought applications to the High Court to postpone the hearing of the liquidation application.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.