Terms and condition for the payment of the dividend in shares or in cash
The Management Board of Rexel has decided to submit to Rexel’s annual meeting of shareholders; that will meet on May 16, 2012, to distribute a dividend of €0.65 per share.
The Management Board of Rexel has also submitted to Rexel’s annual meeting of shareholders a resolution in order to offer to each shareholder the choice of opting for the payment of the dividend either in cash or in new shares of Rexel.
The shareholders can exercise their option from May 24, 2012 (inclusive) to June 12, 2012 (inclusive) upon request to the concerned financial intermediaries. In the event of the absence of exercise of the option before June 12, 2012 (inclusive), the dividend will be paid only in cash.
The choice will apply to the full dividend amount for which this choice is offered.