Termination and implementation of a liquidity contract
Rexel (ISIN FR0010451203), a global leader in the professional distribution of products and services for the energy world, announces that after the close of trading on Wednesday 31 December 2014, the liquidity contract entrusted to investment firm Natixis since 3 October 2011 was terminated.
When the liquidity contract was implemented on 3 October 2011, the following resources were allocated to the liquidity account:
• 845,000 Rexel shares,
• €3,550,000.00
At the close of trading on Wednesday 31 December 2014, the following resources were recorded on the liquidity account:
• 415,629 Rexel shares,
• €9,989,440.63
As of 2 January 2015, Rexel appointed Exane BNP Paribas for the implementation of a new liquidity contract on Rexel’s shares. This contract complies with the Charter of Ethics established by the AMAFI and approved by the decision of the Autorité des Marchés Financiers dated 21 March 2011.
For the implementation of this contract, the following resources have been allocated to the liquidity account:
• 415,629 Rexel shares,
• €9,989,440.63
This liquidity contract is part of the implementation of the share buyback program approved by Rexel’s general meeting of shareholders on 22 May 2014.