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, 2012.
The option ran from May 31, 2013 to June 21, 2013. For the payment in shares, the issue price of the Rexel shares was set at € 14.59 per share.
At the end of the period of choice, 201,416,498 coupons had been exercised in favor of payment in shares. The payment of dividends in shares will lead to the creation of 10,287,149 new shares, representing 3.77% of the share capital and voting rights of Rexel, on the basis of the number of outstanding shares on June 28, 2013, ie. 272,768,024 shares.
The payment in cash or the delivery of the new shares on the exercise of the option will be carried out from July, 2, 2013.
