DGAP-News: Steinhoff International Holdings N.V.: Steinhoff Properties
Steinhoff International Holdings N.V.: Steinhoff Properties
18.12.2020 / 13:20
STEINHOFF PROPERTIES
Company and with its subsidiaries, the
Steinhoff
Group ). Shareholders of the Company, and holders of the cumulative, non-redeemable, non-participating, variable rate preference shares issued by Steinhoff Investments Holdings Limited, are referred to the SENS announcement published by Pepkor Holdings Limited (
Pepkor ) today (
Pepkor Announcement ).
The Steinhoff Group commenced a process post March 2019 to dispose of the remaining properties in the African property portfolio. Management considered various disposal options in order to optimise the balance sheet and unlock value for stakeholders. The disposal portfolio consists of retail, office, warehouse, vacant land and residential properties, which includes properties tenanted by Steinhoff Group companies, third party tenants, as well as land for d
DGAP-News: Steinhoff International Holdings N.V.: Update On Steinhoff SEAG CPU Scheme
Steinhoff International Holdings N.V.: Update On Steinhoff SEAG CPU Scheme
15.12.2020 / 16:10
UPDATE ON STEINHOFF SEAG CPU SCHEME
On 27 November 2020 (the
November Announcement ) Steinhoff International Holdings N.V. (
SIHNV and together with its subsidiaries,
Steinhoff ) announced that it had obtained an order from the English High Court to convene meetings of the Facility A1 SEAG creditors and the Facility A2 SEAG creditors to consider and, if thought fit, approve the proposed English law scheme of arrangement (the
SIHNV/SEAG CPU Scheme ). Meetings of each class of creditor were held on 15 December 2020.