DGAP-Ad-hoc: Steinhoff International Holdings N.V. / Key word(s):
Miscellaneous
Steinhoff International Holdings N.V.: Independent governance strengthened
at Steinhoff
08-Dec-2017 / 17:33 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Independent governance strengthened at Steinhoff*
Following the resignation of the former CEO, Markus Jooste, and subsequent
events, the Supervisory Board of the Company has taken a number of actions
to date, including the following:
- A board subcommittee, composed solely of independent non-executive
directors and headed by Johan van Zyl has been constituted to bolster the
independent governance of the group. The other members are Dr Steve Booysen
and Ms Heather Sonn;
- The audit committee is working with our statutory auditors, Deloitte to
facilitate the release of our audited financial statements;
- PWC has been appointed as forensic investigators and they have commenced
their investigations; and
Trading in the underlying businesses across the globe continues
uninterrupted particularly in the pre-Christmas period.
Steinhoff is a global group with 130 000 employees in its underlying
operations comprising approximately 12 000 retail outlets in 30 countries
with many successful underlying operations.
08-Dec-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Steinhoff International Holdings N.V.
Herengracht 466
1017 CA Amsterdam
Netherlands
Phone: +27218080700
Fax: +27218080800
E-mail: investors@steinhoffinternational.com
Internet: www.steinhoffinternational.com
ISIN: NL0011375019
WKN: A14XB9
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
637381 08-Dec-2017 CET/CEST
(END) Dow Jones Newswires
December 08, 2017 11:33 ET (16:33 GMT)
