March 13, 2018 / 2:52 PM / 6 months ago

BRIEF-Steinhoff Raises 3.67 Bln Rand From Sale Of Shares In KAP Industrial

March 13 (Reuters) - Steinhoff International Holdings Nv :

* ‍BOOK OF DEMAND WAS MULTIPLE TIMES OVERSUBSCRIBED​

* ‍SUCCESSFULLY PLACED PLACING SHARES AT PRICE OF R8.15 PER PLACING SHARE RAISING TOTAL GROSS PROCEEDS OF R3.667 BILLION​

* ‍SETTLEMENT OF PLACING IS EXPECTED TO OCCUR ON FRIDAY, 16 MARCH 2018​ Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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