2008 Registration Document - Rexel

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15. Additional informationDeclaration of transactions completed by Rexel on its own shares during the financial year ended December 31,2008, specified by objectiveType oftransactionDate of transactionPurchases From January 1, 2008to December 31, 2008*Sales From January 1, 2008to December 31, 2008*Transfers From January 1, 2008to December 31, 2008*Debit(number of sharesrepurchased on the market)Number of sharesCredit(number of shares soldon the market)Balances(number of treasury sharesheld in the liquidity account)3,230,759 – –– 2,600,744 –– – –Balance 1,215,015* From January 1, 2008 to May 19, 2008, as part of the liquidity agreement entered into with Rothschild et Cie Banque in 2007 and from May 20, 2008to December 31, 2008 as part of the liquidity agreement entered into with Rothschild et Cie Banque in 2008.During the financial year ended December 31, 2008,3,230,759 shares of Rexel were acquired by Rothschildet Cie Banque pursuant to the Liquidity Agreement, at anaverage price of €9.49, and 2,600,744 shares of Rexel weresold by Rothschild et Cie Banque pursuant to the LiquidityAgreement, at an average price of €11.78.As of December 31, 2008, Rexel held 1,215,015 treasuryshares, with a par value of 5 euros each, acquired at anaverage price of €7.358, representing an aggregatepurchase value of €8,940,080.37. These treasury shareshave been recorded as a reduction to the shareholders’equity in an amount of €8.9 million.No shares have been allocated for any objective other thanthe Liquidity Agreement.2009 share repurchase planThe Management Board submitted a draft proposal tothe Rexel shareholders’ meeting concerning a new sharerepurchase plan with the following terms:AuthorizationDuration ofauthorizationNumber of securitiesthat may berepurchasedShare repurchase 18 months 10% of the share capital asat the date of completionof the purchasesMaximum proposednominal amount(in millions of euros)Maximum purchaseprice(in euros)200 2015.1.4 Other securities conferringaccess to the share capital15.1.4.1 Subscription or purchase optionsfor Rexel sharesRexel has issued options to subscribe for shares under theterms and conditions described in paragraph 12.2.5.1 ofthis Document de Référence.15.1.4.2 Allocation of free sharesRexel has granted free shares to certain employees andofficers of the Rexel Group in accordance with the terms setforth in paragraph 12.2.6 of this Document de Référence.15.1.4.3 Warrants (bons de souscription d’actions)Rexel has issued warrants (bons de souscription d’actions)in accordance with the terms set forth in paragraph 12.2.7of this Document de Référence.15.1.5 Terms governing any rightof acquisition and/or any obligationattached to the capital subscribedbut not paid-upNot applicable.15.1.6 Share capital of Rexel Groupcompanies subject to an option orin respect of which an agreement hasbeen made that provides for placingsuch share capital subject to an optionNot applicable.PAGE 244 | REXEL 2008
15.1.7 Changes in share capitalThe table below shows changes in the share capital of Rexel from December 16, 2004, the date on which Rexel was created, untilthe date of this Document de Référence.TransactionsettlementdateDecember 16,2004March 9, 2005March 21, 2005June 30, 2005TransactionNumberof sharesissuedNominalamountof capitalincrease (€)Share/mergerpremium (€)Cumulativeshare/mergerpremiums (€)Cumulativenominalamountof sharecapital (€)Cumulativenumberof sharesNominalvalue pershare(€)Incorporation 8,500 – N/A N/A 85,000 8,500 10Share capitalincreasein cashShare capitalincreasein cashShare capitalincrease in cashto the benefitof Rexdir S.A.S.by the issue ofshares with sharesubscriptionwarrants (ABSA)October 28, 2005 Share capitalincrease tothe benefitof Rexop S.A.S.April 4, 2007April 4, 2007April 4, 2007April 4, 2007April 4, 2007April 11, 2007Exercise byRexdir S.A.S. andRexop S.A.S. ofshare subscriptionwarrants (BSA)issued by RexelAbsorptionof Rexdir S.A.S.and Rexop S.A.S.by RexelCancellationof treasury sharesin the contextof the mergerDivision of thenominal valueof sharesShare capitalincrease reservedfor Ray InvestmentShare capitalincrease in cashby public offering5,490,000 54,900,000 N/A N/A 54,985,000 5,498,500 1056,980,869 569,808,690 N/A N/A 624,793,690 62,479,369 10304,404 3,044,040 N/A N/A 627,837,730 62,783,773 10262,001 2,620,010 N/A N/A 630,457,740 63,045,774 101,518,854 15,188,540 N/A N/A 645,646,280 64,564,628 102,085,259 20,852,590 0 N/A 666,498,870 66,649,887 102,085,259sharescancelled20,852,590(amount ofshare capitalincreasecancelled)N/A N/A Share capitaldecrease of645,646,280Cumulativenumberof sharesreduced to64,564,62864,564,628 N/A N/A N/A 645,646,280 129,129,256 563,813,323 319,066,615 733,853,214.5 733,853,214.5 964,712,895 192,942,579 560,606,060 303,030,300 696,969,690 1,430,822,904.5 1,267,743,195 253,548,639 510REXEL 2008 | PAGE 245
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Leadership and proximityDocument de
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General informationIn this Document
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1. Selected financial dataThe follo
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2. Information about the Rexel Grou
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3. Business description3.1 Professi
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3. Business description− security
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3. Business descriptioni.e., approx
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3. Business descriptionIn each of t
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3. Business description− growing
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3. Business description3.2.2 The Re
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3. Business description3.3.2 Divers
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3. Business descriptionin a profita
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3. Business descriptionthat its cus
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3. Business description3.7 RESEARCH
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4. Risk factors4.1 Risks relating t
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4. Risk factorsthe commercial polic
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4. Risk factors4.3 LEGAL AND REGULA
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4. Risk factorsNon-compliance by th
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5. Corporate responsibility5.1 empl
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5. Social responsibilityHeadcount b
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5. Social responsibilityAware of th
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5. Social responsibilityaccount for
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eality of the market and the low le
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− promotion days at branches or a
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5.3.2.1 Consumption of raw material
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Emissions per item on the basis of
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5.4 STATUTORY AUDITOR’S REPORT ON
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6. Operating and financialreview6.1
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6.1.2 SeasonalityNotwithstanding th
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6.2 COMPARISON OF THE FINANCIAL RES
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The following table analyzes the ch
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In the year 2008, sales increased b
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In the year 2008, sales in North Am
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to 2007, while sales grew 6.3%. Adj
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Pursuant to article 28 of the Commi
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Financial investments also included
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− Facility C, which was a multi-c
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The main characteristics of these p
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7.2.4.1 Operating leasesThe above t
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The trends and objectives presented
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9. Profit forecastsor estimates9.1
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9.2 REXEL GROUP FORECASTS FOR 2009G
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Rexel is a company with limited lia
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Jean-Dominique Perret has been a me
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10.2 SUPERVISORY BOARD10.2.1 Compos
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Surname, name,professional addressa
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10. Management and Supervisory Bodi
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11. Compensation of corporate offic
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12. Shareholders12.1 Principal shar
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12. ShareholdersMerrill Lynch Globa
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12. ShareholdersThe total number of
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12. Shareholdersemployees of Rexel
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12. ShareholdersDuring the financia
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12. Shareholdersindebtedness of Rex
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12. ShareholdersThe table below sum
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12. ShareholdersFCE20070042, on beh
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12. Shareholdersleast €150 millio
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13. Related party transactions13.1
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13. Related party transactionsWe ha
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13. Related party transactionsyour
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14. Financial informationconcerning
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14. Financial information concernin
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Page 262 and 263: 19. Statutory auditors19.1 Principa
Page 264 and 265: Annex 1Report of the Chairman of th
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Page 268 and 269: Annex 1This contractual indemnity i
Page 270 and 271: Annex 1− the payment of 50% of th
Page 272 and 273: Annex 1Additional retirement planA
Page 274 and 275: Annex 1− authorization to be give
Page 276 and 277: Annex 12. Implemented internal cont
Page 278 and 279: Annex 1defined a set of procedures,
Page 280 and 281: Annex 2Report of the Statutory Audi
Page 282 and 283: Annex 3Report of the Supervisory Bo
Page 284 and 285: Annex 4Report of the Management Boa
Page 286 and 287: Annex 42. Resolutions requiring the
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Page 290 and 291: Annex 4AuthorizationIssuance in con
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Annex 5of the proper performance of
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Annex 5Board in accordance with the
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Annex 5accordance with the provisio
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Annex 55. Decided that this delegat
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Annex 6DateTitleDecember 11, 2008Re
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Annex 7Regulation (EC) 809/2004 of
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Annex 7Regulation (EC) 809/2004 of
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2008 Registration Document - Rexel

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