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STEINHOFF INTERNATIONAL HOLDINGS N.V. - Update On Creditor Support Letters For Steinhoff Europe AG And Steinhoff Finance Holding GmbH

Release Date: 14/11/2018 17:15
Code(s): SNH SHFF     PDF:  
Wrap Text
Update On Creditor Support Letters For Steinhoff Europe AG And Steinhoff Finance Holding GmbH

Steinhoff International Holdings N.V.
(Incorporated in the Netherlands)
(Registration number: 63570173)
Share Code: SNH
ISIN: NL0011375019

Steinhoff Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1954/001893/06)
JSE Code: SHFF
ISIN: ZAE000068367


Update on Creditor Support Letters for Steinhoff Europe AG (“SEAG”) and Steinhoff Finance
Holding GmbH (“SFH”)

Steinhoff International Holdings N.V. (the "Company") together with its subsidiaries (the
“Group”) refers to its announcement on 6 November 2018 (the “6 November Announcement”).

The 6 November Announcement requested that each Original Party (as defined in the 6
November Announcement) re-confirm to Lucid Issuer Services Limited, as calculation agent in
respect of the Consent Fees (as defined in the 6 November Announcement), the nominal
amounts of the SEAG and/or SFH debt per financial instrument which were beneficially owned
by the Original Party as at the date and time at which they became party to the relevant
Support Letter(s) (as defined in the 6 November Announcement).

Further to the 6 November Announcement, each Original Party who has sold all or any part of
their debt holdings which were entitled to Consent Fees, is requested to nominate any third
party who they now consider to be entitled to receive their share of Consent Fees under the
relevant Support Letters. Creditors are kindly requested to make this confirmation prior to 5pm
(UK) on Friday 16 November 2018 by logging on to the following website hosted by Lucid
https://www.lucid-is.com/steinhoffsupportletter2. Any subsequent trades should be notified to
Lucid Issuer Services Limited as calculation agent by the nominated third party by sending an
email to steinhoff@lucid-is.com.

Creditors who have acquired rights to any Consent Fees in connection with any purchase of
SEAG or SFH debt since the date of the Support Letters will need to contact the relevant Original
Party in respect of such debt (via your trade counterparty or broker where relevant) in order to
be named by the Original Party as the nominated recipient for any Consent Fees in respect of
such debt.

Shareholders and other investors in the Company are advised to exercise caution when
dealing in the securities of the Group.

JSE Sponsor: PSG Capital

Stellenbosch, 14 November 2018

Date: 14/11/2018 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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