| Tue 7 Dec 2010, 7:06 | | SHF - Steinhoff International Holdings Limited - Results of the capitalisation |
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SHF
SHF
SHF - Steinhoff International Holdings Limited - Results of the capitalisation
share award and election to receive a final cash distribution in lieu thereof
STEINHOFF INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration no.: 1998/003951/06)
Ordinary share code: "SHF"
ISIN: ZAE000016176
("the Company")
RESULTS OF THE CAPITALISATION SHARE AWARD AND ELECTION TO RECEIVE A FINAL CASH
DISTRIBUTION IN LIEU THEREOF
Shareholders are referred to the announcements released on the Securities
Exchange News Service ("SENS") on 18 November 2010, and published in the press
on 19 November 2010, respectively.
The offer to receive the cash distribution in lieu of the capitalisation share
award made to shareholders recorded in the register on Friday, 3 December 2010,
closed at 12:00 on that date. Elections to receive the cash distribution of 63
cents per share were made in respect of 291 385 743 ordinary shares (19.7% of
the Steinhoff`s issued shares), totalling an aggregate cash distribution of R183
573 018.
Accordingly, 45 131 680 new ordinary shares in the Company (being 80.3% of the
maximum number of capitalisation shares that were the subject of the
capitalisation share award) have been issued. An adjustment to the maximum
number of shares listed in respect of the capitalisation award will be made on
or about Tuesday, 7 December 2010.
Share certificates in respect of the capitalisation shares and cheques in
respect of the distribution entitlements are in the process of being dispatched
to certificated shareholders. The Central Securities Depository Participant
accounts of uncertificated Steinhoff shareholders have been updated or credited,
as the case may be, on Monday, 6 December 2010.
SJ Grobler
Company Secretary
Wynberg, Sandton
7 December 2010
Sponsor: PSG Capital (Proprietary) Limited
Date: 07/12/2010 07:06:02 Produced by the JSE SENS Department.
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