TERMINATION AND IMPLEMENTATION OF A LIQUIDITY CONTRACT
Rexel (ISIN FR0010451203), worldwide expert in the multichannel professional distribution of products and services for the energy world, announces that after the close of trading on Tuesday October 31, 2017, the liquidity contract entrusted to investment firm Exane BNP Paribas since January 2, 2015 was terminated.
When the liquidity contract was implemented on January 2, 2015, the following resources were allocated to the liquidity account:
· 415,629 Rexel shares,
· €9,989,440.63
At the close of trading on Tuesday October 31, 2017, the following resources were recorded on the liquidity account:
· 405,000 Rexel shares,
· €10,424,197.58
As of November 1, 2017, Rexel entrusted Natixis with the implementation of a liquidity contract in accordance with the Charter of Ethics established by the AMAFI and approved by the decision of the Autorité des Marchés Financiers of 21 March 2011.
For the implementation of this contract, the following resources are allocated to the liquidity account:
· 405,000 Rexel shares,
· €10,424,197.58
This liquidity contract is part of the implementation of the share buyback program approved by Rexel's general meeting of shareholders on May 23, 2017.
ABOUT REXEL GROUP
Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets - residential, commercial and industrial. The Group supports its residential, commercial and industrial customers by providing a tailored and scalable range of products and services in energy management for construction, renovation, production and maintenance.
Rexel operates through a network of some 2,000 branches in 32 countries, with more than 27,000 employees. The Group's sales were €13.2 billion in 2016.
Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, STOXX600. Rexel is also part of the following SRI indices: FTSE4Good, STOXX® Global ESG Leaders, Ethibel Sustainability Index Excellence Europe, Euronext Vigeo Eiris Eurozone 120 and Dow Jones Sustainability Index Europe, in recognition of its performance in corporate social responsibility (CSR).
For more information, visit Rexel's web site at www.rexel.com
CONTACTS
FINANCIAL ANALYSTS / INVESTORS
Ludovic DEBAILLEUX | +33 1 42 85 76 12 | ludovic.debailleux@rexel.com |
Florence MEILHAC | +33 1 42 85 57 61 | florence.meilhac@rexel.com |
PRESS
Elsa LAVERSANNE | +33 1 42 85 58 08 | elsa.laversanne@rexel.com |
Brunswick: Thomas KAMM | +33 1 53 96 83 92 | tkamm@brunswickgroup.com |