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STEINHOFF INTERNATIONAL HOLDINGS N.V. - Steinhoff Repurchases 78 Million Shares

Release Date: 24/10/2017 08:30
Code(s): SNH     PDF:  
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Steinhoff Repurchases 78 Million Shares

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

PRESS RELEASE: STEINHOFF REPURCHASES 78 MILLION SHARES

Stellenbosch, 24 October 2017, Shareholders of Steinhoff are hereby advised that the company
informed the Authority for Financial Markets in the Netherlands that the Management Board of
the Company has undertaken share buy backs under the authority granted by Shareholders.

The company repurchased 78 383 178 Steinhoff shares, representing 1.8% of its issued share
capital. The Shares acquired by the Company (or held by subsidiaries of the Company) will be
treated as treasury shares and accordingly reduced the number of voting interests to
4 231 343 966 shares.

Sponsor

PSG Capital

About Steinhoff International Holdings N.V.

Steinhoff is the world’s third largest integrated household goods retailer by turnover, according to
Möbelmarkt 2017, with more than 40 brands and 12 000 retail stores in more than 30 countries.
Steinhoff retails, sources and manufactures household goods and general merchandise in Europe,
the United Kingdom, the United States of America, Australasia and Africa. Retail operations are
positioned towards price conscious (value) consumer segments, providing everyday products at
affordable prices and serving customers at their convenience.

Our integrated retail divisions comprise:

•      Household goods (furniture and homeware retail businesses)

•      General merchandise focusing on clothing and footwear, accessories and homeware;
       and

•      Automotive dealerships in South Africa which provide a broad range of new and pre-
       owned vehicles, parts, insurance, accessories and servicing.

Steinhoff employs approximately 130 000 employees and has a primary listing on the Frankfurt
Stock Exchange and a secondary listing on the Johannesburg Stock Exchange with a current
market capitalisation of approximately €16 billion.

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