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Rexel — AGM Information 2018
May 24, 2018
1628_iss_2018-05-24_7044ae91-937d-4e8b-bb9a-47e93be412d9.pdf
AGM Information
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REXEL ANNUAL SHAREHOLDERS'MEETING MAY 24, 2018
Rexel held its Annual Shareholders' Meeting today in Paris under the chairmanship of Ian Meakins. The shareholders approved all the resolutions. The results of the vote are available on the Company's website:
http://www.rexel.com/en/medias/events/2018-annual-general-shareholders-meeting/
Dividend payment of €0.42 per share:
The dividend amounts to €0.42 per share, in line with Rexel's policy of distributing at least 40% of its net recurring profit. It will be fully paid in cash. The detachment from the share on the regulated market of Euronext in Paris will take place on July 4, 2018. The payment will take place on July 6, 2018.
Ratification of the cooption of one Directors, renewal of the term of office of three Directors:
Rexel shareholders also ratified the cooption and approved the renewal of Markus Alexanderson as Director and approved the renewal of Herna Verhagen and Maria Richter as Directors for a term of four years.
Composition of the Board of Directors:
Following the Shareholders' Meeting the Board of Directors still comprises 11 members, of which 4 are women. The Board of Directors comprises 8 independent directors and one director representing employees.
Renewal of the term of the Chief Executive Officer:
During the Board of Directors meeting held after the Shareholders' Meeting, the Board decided unanimously to renew the term of Patrick Berard as Chief executive Officer from July 1, 2018 to the 2021 Shareholders' Meeting.
ABOUT REXEL GROUP
Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets - residential, commercial and industrial. The Group supports its residential, commercial and industrial customers by providing a tailored and scalable range of products and services in energy management for construction, renovation, production and maintenance.
Rexel operates through a network of some 2,000 branches in 26 countries, with more than 27,000 employees. The Group's sales were €13.3 billion in 2017.
Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, STOXX600. Rexel is also part of the following SRI indices: FTSE4Good, STOXX® Global ESG Leaders, Ethibel Sustainability Index Excellence Europe, Euronext Vigeo Eiris Eurozone 120 and Dow Jones Sustainability Index Europe, in recognition of its performance in corporate social responsibility (CSR).
For more information, visit Rexel's web site at www.rexel.com
CONTACTS
FINANCIAL ANALYSTS / INVESTORS
| Ludovic DEBAILLEUX | +33 1 42 85 76 12 | [email protected] |
|---|---|---|
| Florence MEILHAC | +33 1 42 85 57 61 | [email protected] |
| PRESS | ||
| Elsa LAVERSANNE | +33 1 42 85 58 08 | [email protected] |
| Brunswick: Thomas KAMM | +33 1 53 96 83 92 | [email protected] |