Employee share purchase program on hold
REXEL PUTS 2008 EMPLOYEE SHARE PURCHASE PROGRAM ON HOLD
The strong volatility in financial markets has led Rexel to conclude that conditions are not conducive to the implementation of the capital increase reserved for employees as described in the press release dated November 27, 2008.
Consequently, Rexel has decided to put the launch of the program on hold. Associating Rexel employees with the Group’s future growth and performance remains a key objective. A project to that effect should be initiated at a later date.