DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous 
Steinhoff International Holdings N.V. : Pepco Group lists on the Warsaw Stock Exchange 
2021-05-26 / 12:00 
The issuer is solely responsible for the content of this announcement. 
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Pepco Group lists on the Warsaw Stock Exchange 
Steinhoff International Holdings N.V. ("SIHNV" or the "Company", together with its subsidiaries, "Steinhoff" or the " 
Steinhoff Group") is pleased to announce that, following a successful IPO process, shares in Pepco Group N.V. ("Pepco 
Group") began trading this morning on the Warsaw Stock Exchange with the ticker symbol "PCO". 
The Pepco Group is a subsidiary of SIHNV and is a fast-growing, pan-European discount variety retailer, serving over 50 
million customers a month from over 3,200 stores in 16 countries. Pepco Group owns the PEPCO and Dealz brands in Europe 
and the Poundland brand in the United Kingdom and is Europe's pre-eminent discount variety retailer. Pepco Group has 
ambitious plans to more than triple the size of its current store portfolio over the next 5-7 years. 
The final offer price of shares in the initial public offering was PLN 40 per share, giving Pepco Group an implied 
market capitalisation of approximately PLN 23 billion (EUR5 billion) upon admission. Steinhoff received proceeds of 
approximately EUR1 billion from the sale of shares in the IPO, which together with the inter-company loan repayments, can 
be applied to reduce the Group's outstanding debt. Steinhoff's shareholding in Pepco Group is expected to reduce to 
approximately 78.9% (assuming full exercise of the over-allotment option). 
Retail investors were allotted 2.5 million shares and institutional investors almost 90 million shares (including the 
over-allotment shares). A further 23 million shares were sold to certain lenders under the debt facilities. The retail 
offer was almost 10 times oversubscribed (average reduction rate of approximately 88%) while the overall offer was 
almost 5 times oversubscribed. 
Louis du Preez, Steinhoff Group CEO, said: "The Pepco Group is a fantastic operation and a public listing fulfils a 
long term strategic objective for the business. With an excellent track record and a clear growth strategy, we are 
confident it will prosper as a listed business. We thank everyone that contributed to this process and wish Pepco Group 
every success in this new chapter". 
Further information can be found on the Pepco Group website at www.pepcogroup.eu/investors/. 
The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited. 
Stellenbosch, South Africa 
26 May 2021 
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2021-05-26 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 
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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:       investors@steinhoffinternational.com 
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:  1200567 
 
End of News   DGAP News Service 
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1200567 2021-05-26


 
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(END) Dow Jones Newswires

May 26, 2021 06:00 ET (10:00 GMT)