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General SENS Submitter Company - Gen - General - Steinhoff Services Limited - Late submission of Annual Financial Statements

Release Date: 01/02/2018 08:30
Code(s): GSSC     PDF:  
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Gen - General - Steinhoff Services Limited - Late submission of Annual Financial Statements

GEN – General – STEINHOFF SERVICES LIMITED
(Registration Number 1983/006201/06)


LATE SUBMISSION OF ANNUAL FINANCIAL STATEMENTS (“ANNUAL REPORT”)


The Johannesburg Stock Exchange (the "JSE") wishes to advise that Steinhoff Services Limited (“Steinhoff
Services”) has failed to submit its annual report within the four-month period stipulated in the JSE's Debt
Listings Requirements (the “Debt Requirements”).


The debt securities of Steinhoff Services (the “Notes”) have a primary listing on the JSE, unlike Steinhoff
International Holdings N.V. which has a primary listing on the Frankfurt Stock Exchange and a secondary listing
on the JSE.


Accordingly, this announcement is issued to warn Noteholders that, if Steinhoff Services fails to submit its
annual report on or before 28 February 2018 then the Notes and the registration of the programme
memorandum of Steinhoff Services will be suspended in accordance with the provisions of the Debt
Requirements.


Meeting of Noteholders


The JSE is aware of the SENS announcement published by Steinhoff N.V. on 24 January 2018, noting that
Steinhoff Services is requesting the written consent of Noteholders (the “Consent”) to reduce the maturity
date of the Notes to 23 February 2018 by amending the terms of the Programme.


Provided Noteholders grant the Consent, the JSE will not consider suspending the Notes on the basis that the
maturity date of the Notes will have been reached prior to the due date for Steinhoff Services to submit its
Annual Report to the JSE. The JSE notes that Steinhoff Services has requested that Noteholders provide the
Consent by no later than 17h00 on 20 February 2018 in accordance with the terms and conditions of the
Programme.


This announcement has been placed by the JSE in the interest of noteholders.


1 February 2018

Date: 01/02/2018 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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