TERMINATION AND IMPLEMENTATION OF A LIQUIDITY CONTRACT
Rexel (ISIN FR0010451203), a global leader in the professional distribution of products and services for the energy world, announces that after the close of trading on Wednesday 31 December 2014, the liquidity contract entrusted to investment firm Natixis since 3 October 2011 was terminated.
When the liquidity contract was implemented on 3 October 2011, the following resources were allocated to the liquidity account:
· 845,000 Rexel shares,
· €3,550,000.00
At the close of trading on Wednesday 31 December 2014, the following resources were recorded on the liquidity account:
· 415,629 Rexel shares,
· €9,989,440.63
As of 2 January 2015, Rexel appointed Exane BNP Paribas for the implementation of a new liquidity contract on Rexel's shares. This contract complies with the Charter of Ethics established by the AMAFI and approved by the decision of the Autorité des Marchés Financiers dated 21 March 2011.
For the implementation of this contract, the following resources have been allocated to the liquidity account:
· 415,629 Rexel shares,
· €9,989,440.63
This liquidity contract is part of the implementation of the share buyback program approved by Rexel's general meeting of shareholders on 22 May 2014.
About Rexel Group
Rexel, a global leader in the professional distribution of products and services for the energy world, addresses three main markets - industrial, commercial and residential. The Group supports customers around the globe, wherever they are, to create value and run their businesses better. With a network of some 2,300 branches in 38 countries, and c. 30,000 employees, Rexel recorded sales of €13 billion in 2013.
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, and STOXX600. Rexel is also part of several SRI indices including the DJSI Europe and the FTSE4Good Europe & Global. For more information, visit Rexel's web site at www.rexel.com
CONTACTS
INVESTOR RELATIONS
| Marc MAILLET | +33 1 42 85 76 12 | marc.maillet@rexel.com |
| Florence MEILHAC | +33 1 42 85 57 61 | florence.meilhac@rexel.com |
PRESS
| Pénélope LINAGE | +33 1 42 85 76 28 | penelope.linage@rexel.com |
| Thomas KAMM (Brunswick Group) | +33 1 53 96 83 92 | tkamm@brunswickgroup.com |
