2016 Annual General Meeting
Rexel held its Annual General Meeting of shareholders today in Paris. The shareholders approved all the resolutions. The results of the votes are available on the website of the Company: https://www.rexel.com/en/medias/events/7372/
Distribution of €0.40 per share
Rexel’s Annual General Meeting of shareholders held on May 25, 2016 approved the distribution of €0.40 per share, integrally deducted from the “Issue premium” account. This distribution represents 45% of the Group’s recurring net income. It will be fully paid in cash. The detachment from the share on the regulated market of Euronext in Paris will take place on July 1, 2016. The record date is July 4, 2016. The payment will take place on July 5, 2016.
Ratification of the cooption of two directors and renewal of the term of office of three directors
Shareholders ratified the cooption as directors of Elen Phillips and Marianne Culver, decided by the Board of Directors held on March 8, 2016.
Shareholders approved the renewal of Elen Phillips, Marianne Culver and Thomas Farrell as directors for four years.