Steinhoff International Holdings N.V.
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
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 and 14 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 Friday, 7 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 firstname.lastname@example.org.
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.
Stellenbosch, 16 November 2018
|Company:||Steinhoff International Holdings N.V.|
|1017 CA Amsterdam|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|