2008 Registration Document - Rexel

Due to these acquisition, the interest held by Ray Investmentin the share capital of Rexel was increased from 73.74%, i.e.,188,778,562 shares out of a total of 255,993,827 existingshares at June 30, 2008, to 75,0194%, i.e., 192,044,972shares as at July 31, 2008. As each Rexel share gives rightto a voting right, Ray Investment held 75.0194% of theexisting voting rights at July 31, 2008.12.2.3 Interests held by managersin the share capital of Rexel12.2.3.1 Rexel interests held by ManagementBoard and Supervisory Board membersAt December 31, 2008, the members of Rexel’s ManagementBoard and Supervisory Board held the following ownershipinterests in Rexel’s share capital :Members of the Management BoardNumber of shares% of the share capitaland voting rightsJean-Charles Pauze 568,478 0.22%Nicolas Lwoff – –Pascal Martin 269,276 0.11%Jean-Dominique Perret 179,518 0.07%Members of the Supervisory BoardRoberto Quarta 2 NSPatrick Sayer 2 NSJoe Adorjan 1,501 NSFrançois David 1 NSFritz Fröhlich 1 NSDjamal Moussaoui 2 NSLuis Marini-Portugal 2 NSDavid Novak 2 NSGuido Padovano 2 NSJoe Rice 2 NSEurazeo (1) 1 NS(1) This shareholding does not take into account the Rexel shares held by Ray Investment, 30.6% of the share capital of which is held by Ray FranceInvestment S.A.S., a 95%-owned subsidiary of Eurazeo.Furthermore, members of the Managing Board receivedfree shares, the characteristics of which are described inparagraph 12.2.6 of this Document de Référence.12.2.3.2 Transactions on Rexel securities carriedout by Management Board and SupervisoryBoard membersThe transactions on Rexel securities carried out byManagement Board and Supervisory Board members duringthe financial year ended December 31, 2008 are as follows:− Joe Adorjan, a member of the Supervisory Board,purchased on the Euronext Paris market on July 11,2008, Rexel shares at a nominal price of €13.8636 for atotal amount of €20,795.40; and− Nicolas Lwoff, a member of the Management Board,sold on the Euronext Paris market Rexel shares (i) onSeptember 8, 2008, at a nominal price of €10.30 for atotal amount of €103,000, (ii) on October 1, 2008, at anominal price of €9.92 for a total amount of €99,200, (iii)on November 28, 2008, at a nominal price of €6.33 for atotal amount of €788,718 and at a nominal price of €6.17for a total amount of €345,260, (iv) on December 1,2008, at a nominal price of €6.08 for a total amount of€228,436 and (v) on December 2, 2008 at a nominalprice of €5.95 for a total amount of €185,283.12.2.4 Employees shareholdingIn accordance with the eleventh resolution of the Ordinaryand Extraordinary Shareholders’ Meeting held onFebruary 13, 2007, the Management Board has decided,on March 20, 2007 and April 4, 2007, to implement anincrease in Rexel’s share capital reserved for the employeesof the Rexel Group companies which have adhered to thePEG and the PEGI in the following countries: Germany,Australia, Austria, Belgium, Canada, Chile, Spain, UnitedSates, France, Hungary, Ireland, Italy, New Zealand, TheNetherlands, Portugal, Czech Republic, United Kingdom,Slovakia, Slovenia, Sweden and Switzerland.REXEL 2008 | PAGE 133