Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

DGAP-News: Steinhoff International Holdings N.V. : ​​​​​​​Response to Censure imposed by the JSE


DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
Steinhoff International Holdings N.V. : ​​​​​​​Response to Censure imposed by the JSE

20.10.2020 / 10:30
The issuer is solely responsible for the content of this announcement.


Response to Censure imposed by the JSE

Steinhoff International Holdings N.V. ( "Steinhoff" or "the Company") notes today's announcement from the Johannesburg Stock Exchange ("JSE") informing the market that it has found Steinhoff and Steinhoff International Holdings Proprietary Limited ("SIHPL"), the former holding company that was previously listed on the JSE, to have been in breach of the JSE Listings Requirements in the period up to September 2016 and is imposing a public censure and fines totalling R13 500 000 on Steinhoff and SIHPL.

Louis du Preez, Chief Executive Officer and Management Board member, said:

"Steinhoff notes the JSE's decision, which relates to the period predating the discovery of accounting irregularities in December 2017. We are pleased that this concludes the JSE's process in respect of the Company"

Stellenbosch, South Africa

20 October 2020

 



20.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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.
cnr Adam Tas and Devon Valley Road
7600 Stellenbosch
South Africa
Phone: +27218080700
Fax: +27218080800
E-mail: [email protected]
Internet: www.steinhoffinternational.com
ISIN: NL0011375019
WKN: A14XB9
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1141815

 
End of News DGAP News Service

1141815  20.10.2020 

fncls.ssp?fn=show_t_gif&application_id=1141815&application_name=news&site_id=sharewise

Steinhoff International Holdings Ltd Stock

€0.001
25.000%
A very strong showing by Steinhoff International Holdings Ltd today, with an increase of €0.000 (25.000%) compared to yesterday's price.

Like: 0
Share
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments