STEINHOFF INTERNATIONAL HOLDINGS N.V. – Further Extension To Deadline For Notification Of Nominees To Receive Consent Fees Under Support Letters

2018/12/07 08:30:00
SENS announcement for JSE listed company: SNH
                        

SNH SHFF 201812070009A
Further Extension To Deadline For Notification Of Nominees To Receive Consent Fees Under Support Letters

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

Steinhoff Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1954/001893/06)
JSE Code: SHFF
ISIN: ZAE000068367

FURTHER EXTENSION TO DEADLINE FOR NOTIFICATION OF NOMINEES TO RECEIVE CONSENT FEES
UNDER SUPPORT LETTERS FOR STEINHOFF EUROPE AG (‘SEAG’) AND STEINHOFF FINANCE
HOLDING GMBH (‘SFH’)

Steinhoff International Holdings N.V. (the ‘Company’) together with its subsidiaries (the
‘Group’) refers to the announcements on 6 November 2018, 14 November 2018 and 16
November 2018 (the ‘Relevant Announcements’) respectively in connection with the
confirmation of entitlements of creditors to Consents Fees under the relevant Support Letter(s).
Terms used but not otherwise defined shall have the same meaning as in the Relevant
Announcements (including where incorporated by way of cross-reference).

Following feedback from a number of creditors and/or financial brokers and intermediaries,
the Company has opted to extend the deadline for Original Parties (or any broker on its behalf)
to notify Lucid Issuer Services Limited as calculation agent (‘Lucid’) of any third party who they
wish to nominate as being entitled to receive all or part of their Consent Fees under the
relevant Support Letter(s) by no later than 5pm (UK) on Wednesday, 19 December 2018.
Creditors (or the relevant brokers) are kindly requested to make this confirmation by logging
on to the following website hosted by Lucid https://www.lucid-is.com/steinhoffsupportletter2.
Any subsequent trades should then be notified to Lucid by the nominated third party by
sending an email to steinhoff@lucid-is.com.

Upon the successful completion of the restructuring, the Company shall honour any Consent
Fees payable to:
(i) the details of any nominee provided to Lucid in connection with the
aforementioned verification exercise; or
(ii) in the absence of a nominee, the Original Party under the relevant Support Letter(s)
(where such party has re-confirmed its entitlements to Lucid pursuant to the
instructions set out in the announcement dated 6 November 2018).

Where an Original Party has not reconfirmed its entitlement to the Consent Fees to Lucid
and/or it is not possible to identify the ultimate beneficiary of the Consent Fees, the Company
(or its nominee) shall continue to hold such entitlements for creditors for a specified time post-
closing pending resolution of the disputed or unverified claim.

Shareholders and other investors in the Company are advised to exercise caution when
dealing in the securities of the Group.

JSE Sponsor: PSG Capital
Stellenbosch, 7 December 2018

Date: 07/12/2018 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.

GO TO SHOP CART

Follow us:

Search Articles:Advanced Search
Click a Company:
server: 172.17.0.2