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STEINHOFF INTERNATIONAL HOLDINGS LTD - Acquisition of JD Group Ordinary Shares

Release Date: 30/04/2015 17:00
Code(s): SHF     PDF:  
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Acquisition of JD Group Ordinary Shares

                           
STEINHOFF INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/003951/06)
JSE share code: SHF ISIN: ZAE000016176
(“Steinhoff”)



ACQUISITION OF JD GROUP ORDINARY SHARES

Shareholders are referred to the joint firm intention announcement released by Steinhoff and JD Group
Limited (“JD Group”) on the stock exchange news service operated by the JSE Limited (“JSE”) on 21 April
2015. In accordance with Regulation 98 of the Companies Act No. 71 of 2008, as amended, shareholders
are advised that Steinhoff has, through its wholly owned subsidiary, Ainsley Holdings Proprietary Limited,
acquired 898 541 JD Group ordinary shares in the open market at a price not greater than the proposed
offer consideration of R34.00 per JD Group ordinary share. This has resulted in Steinhoff increasing their
indirect beneficial interest in JD Group ordinary shares (excluding treasury shares) from 86.78% to 87.12%.


Wynberg, Sandton
30 April 2015

Financial adviser to Steinhoff
Investec Bank Limited

Transactional sponsor to Steinhoff
Investec Bank Limited

Sponsor to Steinhoff
PSG Capital Proprietary Limited

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