Steinhoff International Holdings N.V. : DIVERGENT INFORMATION ON EX-ENTITLEMENT DATE RESULTS IN THE TEMPORARY SUSPENSION OF TRADING ON THE FRANKFURT STOCK EXCHANGE
STEINHOFF INTERNATIONAL HOLDINGS N.V.: DIVERGENT INFORMATION ON EX- ENTITLEMENT DATE RESULTS IN THE TEMPORARY SUSPENSION OF TRADING ON THE FRANKFURT STOCK EXCHANGE
The Frankfurt Stock Exchange ("FSE"), today, contacted the Company at 11:30 CET to inform it that the Company's shares had been suspended from trading on the FSE until close of business today, due to the FSE's systems having captured divergent information on the ex-entitlement date for shares traded on the FSE. The FSE's systems incorrectly reflected 30 November 2016 as the first ex-entitlement date, rather than 1 December 2016 as communicated by the Company on 15 November and 22 November 2016.
As a result of the divergent information, trading was technically suspended on the FSE until 12h35 CET after the divergent information had been corrected in the FSE's system, at which point trade recommenced. Shareholders are advised that Steinhoff shares are today (30 November 2016) trading on the FSE cum-dividend and will only commence trading on the FSE ex-dividend on 1 December 2016. Shares trading on the JSE commenced trading ex-dividend today, 30 November 2016.
The Company is working with the FSE in order to ensure that such discrepancy should not arise in future.
Steinhoff International Holdings N.V.
30 November 2016
30.11.2016 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. Herengracht 466 1017 CA Amsterdam Netherlands Phone: +27218080700 Fax: +27218080800 E-mail: firstname.lastname@example.org 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