DGAP-Adhoc: Steinhoff International Holdings N.V. : Steinhoff successfully increases share capital by 8.5% by placing new shares at EUR 5.055 per new ordinary share


Steinhoff International Holdings N.V.   / Key word(s): Capital Increase

28.09.2016 16:17

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to Article 17 MAR

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA,
AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE UNLAWFUL.

Steinhoff International Holdings N.V.: Steinhoff successfully increases
share capital by 8.5% by placing new shares at EUR 5.055 per new ordinary
share

Stellenbosch - 28 September 2016 - Steinhoff International Holdings N.V.
("Steinhoff") has increased its share capital by 8.5% to 4,254 million by
issuing 332 million new ordinary shares with a nominal value of EUR 0.50
each against cash contributions. Of the new shares, 162 million shares and
60 million shares have been subscribed for by investors, Upington
Investment Holdings B.V. and Lancaster 101 Proprietary Limited,
respectively; each at the same price of EUR 5.055 per new share. In
addition, 110 million shares have been placed in a fixed price accelerated
bookbuild process with institutional investors at a price of EUR 5.055 pes
share. The total gross proceeds from the capital increase (as described
above) and the sale of existing shares (which were classified as treasury
shares for the purposes of IFRS) amount to approximately EUR 2,447 million.
The new shares are being issued by excluding the existing shareholders'
statutory pre-emption rights. The new shares will rank pari passu with
existing ordinary shares in issue. Delivery of the new shares and
settlement of the transaction is expected to occur on or about 30 September
2016.

Steinhoff International Holdings N.V.

Contact Information:

Mariza Nel, Director, Corporate Services (Investor Relations)

investors@steinhoffinternational.com Tel: +27 (0)21 808 0711

Notice

This publication does not constitute a public offer of securities or a
solicitation of an offer to purchase securities in the United States of
America, Germany or any other jurisdiction where it is unlawful to make
such an offer or solicitation. Neither this announcement nor anything
contained herein shall form the basis of, or be relied upon in connection
with, any offer or commitment whatsoever in any jurisdiction. It is not for
publication or distribution, directly or indirectly, in or into the United
States of America. The securities of Steinhoff described herein have not
been and will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), or the laws of any State of the United
States, and may not be offered or sold within the United States of America,
except pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the Securities Act and applicable state
securities laws. In member states of the European Economic Area ("EEA")
which have implemented the Prospectus Directive (each, a "Relevant Member
State"), this announcement and any offer, if made subsequently, is directed
exclusively at persons who are "qualified investors" within the meaning of
the Prospectus Directive ("Qualified Investors"). For these purposes, the
expression "Prospectus Directive" means Directive 2003/71/EC (and
amendments thereto, including the 2010 PD Amending Directive, to the extent
implemented in a Relevant Member State), and includes any relevant
implementing measure in the Relevant Member State and the expression "2010
PD Amending Directive" means Directive 2010/73/EU.

Language: English

Company: Steinhoff International Holdings N.V.

Herengracht 466

1017 CA Amsterdam

The Netherlands

Phone:  +27218080700

Fax:  +27218080800

E-mail:  investors@steinhoffinternational.com

Internet: www.steinhoffinternational.com

ISIN:  NL0011375019

WKN:  A14XB9

Indices: MDAX

Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial
Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart,
Tradegate Exchange


28.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      Steinhoff International Holdings N.V. 
              Herengracht 466
              1017 CA Amsterdam
              Netherlands
Phone:        +27218080700
Fax:          +27218080800
E-mail:       investors@steinhoffinternational.com
Internet:     www.steinhoffinternational.com
ISIN:         NL0011375019
WKN:          A14XB9
Indices:      MDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart, Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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