from Steinhoff International Holdings N.V. (NASDAQ:SNHFF)
EQS-Adhoc: Steinhoff International Holdings N.V. : WHOA EFFECTIVE DATE
EQS-Ad-hoc: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
Steinhoff International Holdings N.V. : WHOA EFFECTIVE DATE
21-Jun-2023 / 15:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ART. 17 OF THE EU MARKET ABUSE
REGULATION (EU 596/2014, MAR)
STEINHOFF INTERNATIONAL HOLDINGS N.V. – WHOA EFFECTIVE DATE
Steinhoff International Holdings N.V. ("SIHNV") provides the following update on its Dutch law restructuring plan (akkoord) (“WHOA Restructuring Plan”).
Today, the District Court of Amsterdam, the Netherlands (the “Court”):
- confirmed (gehomologeerd) the WHOA Restructuring Plan; and
- rejected the petition filed by a shareholder, SdK Schutzgemeinschaft der Kapitalanleger e.V., to request the Court for the refusal of the confirmation of the WHOA Restructuring Plan.
This means that the WHOA Effective Date (as defined in the WHOA Restructuring Plan) has occurred. With effect from today, SIHNV and each Restructuring Plan Stakeholder (as defined in the WHOA Restructuring Plan) are bound by the terms of the WHOA Restructuring Plan regardless of whether or not the relevant Restructuring Plan Stakeholder voted in favour of the WHOA Restructuring Plan.
The original Dutch version and an unofficial English translation of the confirmation order (homologatiebeschikking), together with the reasons once released, will be made available on www.steinhoffinternational.com.
SIHNV and its subsidiaries will now proceed to implement the WHOA Restructuring Plan which is expected to close on or before 30 June 2023.
Further updates and information will be made available on www.steinhoffinternational.com.
SIHNV has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
Stellenbosch, South Africa
21 June 2023
Contact:
Steinhoff International Holdings N.V.
Investor Relations
Phone: +27 21 808 0700
E-mail: investors@steinhoffinternational.com
End of Inside Information
21-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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: | 1662465 |
End of Announcement | EQS News Service |
1662465 21-Jun-2023 CET/CEST