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STEINHOFF INTERNATIONAL HOLDINGS N.V. - Pepco Group Intention to Float

Release Date: 26/04/2021 07:55
Code(s): SNH     PDF:  
Wrap Text
Pepco Group – Intention to Float

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

DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF THE EU MARKET ABUSE
REGULATION (EU 596/2014, MAR)

Pepco Group – Intention to Float

Steinhoff International Holdings N.V. (“SIHNV” or the “Company”, together with its subsidiaries,
“Steinhoff” or the “Steinhoff Group”) announces that, further to the announcement made on 16 April
2021, following receipt of the necessary consents from its financial creditors and after consultations
with the financial institutions advising on the IPO of Pepco Group (“Pepco Group”), Steinhoff decided
today to proceed further with the intended IPO of Pepco Group on the Warsaw Stock Exchange
including the placement of shares held by Steinhoff in the Pepco Group (“IPO”) in line with current
market practice of at least 15%.

Pepco, Europe’s pre-eminent discount variety retailer serving over 50 million customers a month from
more than 3,200 stores across 16 countries, is today announcing its intention to undertake an initial
public offering to institutional and retail investors, including a public offering in Poland and an offering
to certain institutional investors in and outside of the United States of America (based on a registration
requirement exception).

Pepco intends to apply for listing and admission of its ordinary shares to trade on the regulated market
of the Warsaw Stock Exchange. The planned offering will consist of the sale of its existing shares by
current shareholders. The Intention To Float (ITF) will be available on the Pepco Group website
(https://www.pepcogroup.eu/).


The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE
Limited.


JSE Sponsor: PSG Capital
Stellenbosch, South Africa
26 April 2021


Contact:
Steinhoff International Holdings N.V.
Investor Relations
Phone: +27 21 808 0700
E-mail: investors @steinhoffinternational.com

Date: 26-04-2021 07:55:00
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