Results of the option for the payment of the dividend in shares
Rexel has given its shareholders the possibility of choosing their dividend payment in either shares or cash for the financial year closed on December 31, 2011.
The option ran from May 24, 2012 to June 12, 2012. For the payment in shares, the issue price of the Rexel shares was set at € 13.39 per share.
At the end of the period of choice, 47,393,145 coupons had been exercised in favor of payment in shares. The payment of dividends in shares will lead to the creation of 2,273,474 new shares, representing 0.85% of the share capital and voting rights of Rexel, on the basis of the number of outstanding shares on June 21, 2012, i.e. 268,903,438 shares.
The payment in cash or the delivery of the new shares on the exercise of the option will be carried out from June 25, 2012.
