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RXL — Rexel SA News Story

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Brief: Rexel: Success Of C. EUR 500 Million Capital Increase

BRIEF-Rexel: Success Of C. EUR 500 Million Capital Increase

- Rexel SA RXL.PA:

  • SUCCESS OF ITS C. EUR 500 MILLION CAPITAL INCREASE, WITHOUT SHAREHOLDERS' PREFERENTIAL SUBSCRIPTION RIGHT, TO PARTIALLY FUND ACQUISITION OF GCG

  • SUBSCRIPTION PRICE OF €34.75 PER SHARE REPRESENTS 1.0% DISCOUNT TO LAST CLOSING PRICE

  • REXEL NET PROCEEDS TO PARTIALLY FINANCE GCG ACQUISITION AND MAINTAIN NET DEBT/EBITDAAL RATIO OF 2.0X FROM 2027

  • PLACES 14,388,490 NEW SHARES REPRESENTING 4.6% OF SHARE CAPITAL

Source text: ID:nGNE8mdFl8

Further company coverage: RXL.PA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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