DGAP-Ad-hoc: Steinhoff International Holdings N.V. / Key word(s):
Miscellaneous
Steinhoff International Holdings N.V.: Automatic termination of voting pool
arrangements
14-Dec-2017 / 20:45 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.
*Steinhoff - Automatic termination of voting pool arrangements *
Steinhoff International Holdings N.V. (the "Company")
The Company has today been informed that various banks that provided funding
to an entity ultimately held and controlled by Dr Christo Wiese, have
enforced their security rights over approximately 98.4 million shares in the
Company held by that entity and sold such shares (the "Share Sale").
The entity in question was a member of the voting pool which consisted of
certain shareholders of the Company. The parties to the voting pool had
committed to certain arrangements with respect to their voting rights in the
Company, including an agreement to jointly exercise substantial control
(_gezamenlijke overwegende zeggenschap_) over the Company. The Company has
been informed that the voting pool arrangements (including the joint
exercise of substantial control) have automatically and immediately
terminated as a result of the combined voting interest falling below 30%,
which happened as a result of the Share Sale.
Shareholders and other investors in Steinhoff are advised to exercise
caution when dealing in the securities of the Group.
Stellenbosch, 14 December 2017
14-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
639337 14-Dec-2017 CET/CEST
(END) Dow Jones Newswires
December 14, 2017 14:45 ET (19:45 GMT)
