SNH: STEINHOFF INTERNATIONAL HOLDINGS N.V. - Notification Of Claims By Dr Christo Wiese | ||||||||||||||||||||
SNH: STEINHOFF INTERNATIONAL HOLDINGS N.V. - Notification Of Claims By Dr Christo Wiese Notification Of Claims By Dr Christo Wiese Steinhoff International Holdings N.V. (Incorporated in the Netherlands) (Registration number: 63570173) Share Code: SNH ISIN: NL0011375019 STEINHOFF - NOTIFICATION OF CLAIMS BY DR CHRISTO WIESE Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group") The Company notes the announcement by Dr. Christo Wiese, previously Chairman of the Company´s Supervisory Board and a major shareholder of the Company, and confirms that certain companies connected to Dr. Wiese (the "Wiese Entities"), have today served summons on Steinhoff International Holdings (Pty) Ltd and Steinhoff International Holdings N.V. The Wiese Entities are claiming in respect of cash investments made by the Titan Group into the Company in 2015 and 2016. The total value of the claims amounts to circa R59 billion. The Company will assess the claims and determine the appropriate course of action. 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, 26 April 2018 Date: 26/04/2018 05:00:00 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. |
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Steinhoff International Holdings NV published this content on 26 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2018 15:23:06 UTC