UPDATE OF THE LIQUIDITY AGREEMENT BETWEEN REXEL AND NATIXIS-ODDO BHF
AND BIANNUAL UPDATE
On July 9, 2019 REXEL has entered into an update of the liquidity agreement with NATIXIS-ODDO BHF concerning the REXEL shares. This amendment is drawn up following changes in the regulations governing liquidity contracts and aims in particular to comply with AMF Decision 2018-01 of 2 July 2018, applicable as from 1 January 2019. The terms of the updated contract are in accordance with the standard liquidity agreement established by AMAFI (Association Française des marchés financiers).
As at 1 January 2019, the liquidity account contained the following resources:
- 801,539 REXEL shares
- € 6,704,217.23
Pursuant to the provisions of the liquidity agreement, the execution of the liquidity agreement will be suspended:
- In the cases provided for in Article 5 of Chapter II of AMF Decision 2018-01 of 2 July 2018
- At REXEL's request for a period defined by REXEL
In addition, the contract may be terminated by REXEL at any time and without notice, or by NATIXIS-ODDO BHF with one month's notice.
Biannual update:
Under the liquidity agreement, the following resources were listed in the liquidity account on June 30, 2019:
- 654,113 REXEL shares
- € 8,337,787.33
It is reminded that at the date of implementation of the agreement, the liquidity account contained the following resources:
- 801 539 REXEL shares
- € 6,704,217.23
During the period from January 1, 2019 to June 30, 2019 were executed:
- 1,816 purchase transactions
- 1,648 transactions for sale
Over the same period, the volumes traded represented:
- 2,578,846 REXEL shares and 26,776,702.89 euros at the time of purchase
- 2,726,272 REXEL shares and 28,425,978.28 euros for sale
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 26 countries, with nearly 27,000 employees. The Group’s sales were €13.37 billion in 2018.
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, Ethibel Sustainability Index Excellence Europe, Euronext VigeoEiris Eurozone 120, Dow Jones Sustainability Index Europe and STOXX® Global Climate Change Leaders, in recognition of its performance in corporate social responsibility (CSR). Rexel is on the CDP “Climate A List”.
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 |
PRESS
| Brunswick: Thomas KAMM | +33 1 53 96 83 92 | tkamm@brunswickgroup.com |
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