Brief: Rexel: Success Of C. EUR 500 Million Capital Increase
BRIEF-Rexel: Success Of C. EUR 500 Million Capital Increase Sept 29 (Reuters) - 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)
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Brief: Rexel: Success Of C. EUR 500 Million Capital Increase
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