DeZwarteRidder schreef op 3 september 2021 18:32:
ADDITIONAL SUPPORT FOR GLOBAL LITIGATION SETTLEMENT IMPLEMENTATION AND AN UPDATE ON IMPLEMENTATION PROCESS - Seite 3
Nachrichtenquelle: EQS Group AG
| 03.09.2021, 17:25 | 377 | 0 | 0
(b) payment of EUR500,000 in respect of costs incurred by BVI and the Cronje 7 in connection with their High Court actions against SIHPL and other members of the Steinhoff Group; and
(c) such terms being conditional on the occurrence of the Settlement Effective Date before 31 December 2021.
Update on Scheme Implementation Processes
- SoP Committee Process: Today, the supervisory judges in the Dutch SoP proceedings opened the creditors' meeting to discuss the claims as submitted in the procedure and to consider the Composition Plan. In the meeting, the supervisory-judges (rechters-commissarissen) decided to adjourn the meeting until Wednesday 8 September 2021 at 13.30 CET. At that adjourned meeting there will be a further session in which the SoP Committee will most likely conclude by casting its vote on the Composition Plan. Assuming there is a positive decision supporting the Composition Plan on 8 September 2021, the outcome will then need to be considered by the Dutch Court in a subsequent confirmation hearing.
- S155 Creditors Meetings: The creditors' meetings in the SIHPL S155 process will take place on Monday, 6 September 2021.
Further Information
Further updates will be provided as and when appropriate.
Claimants will be able to review additional information and submit their claim details on the following website:
www.SteinhoffSettlement.com.The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
Stellenbosch, South Africa
3 September 2021