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Update On The Hearing Of The Enterprise Chamber Of The Amsterdam Court Of Appeal
Steinhoff International Holdings N.V.
(Incorporated in the Netherlands)
(Registration number: 63570173)
Share Code: SNH
ISIN: NL0011375019
STEINHOFF INTERNATIONAL – UPDATE ON THE HEARING OF THE ENTERPRISE CHAMBER OF THE
AMSTERDAM COURT OF APPEAL
Stellenbosch, 20 November 2017 – Steinhoff International Holdings N.V. ("Steinhoff" or the
“Company”) refers to the ad hoc announcement released on 18 September 2017 and the press
releases released on 18 and 21 September 2017, respectively, in which the Company informed
the market of a hearing before the Enterprise Chamber of the Amsterdam Court of Appeal (the
“Chamber”).
The Board of Steinhoff today received a letter from the Chamber informing Steinhoff that it is not
in a position as yet to formally issue its decision and that it is currently anticipated that a formal
decision will be issued by no later than the 22nd of December 2018. The Company was advised by
its Dutch counsel that such a delay is quite common and it does not signify any particular outcome
whatsoever. Furthermore, the Chamber will be in its rights (and again it is quite common) should
they elect to further delay the decision.
The Company remains confident that the petition will be dismissed.
JSE Sponsor:
PSG Capital
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