Regulatory News :
Eurazeo (Paris:RF) announces the sale by Ray Investment s.à.r.l. of 40
million Rexel shares, representing approximately 14,7% of the share
capital of Rexel, for a total amount of approximately 640 million euros
by way of an accelerated book building to institutional investors.
Eurazeo is, along with its co-investors Clayton Dubilier & Rice, Bank of
America Merrill Lynch and Caisse des Dépôts et Consignations du Québec,
a shareholder of Ray Investment s.à.r.l. since March 2005.
Eurazeo’s share of the proceeds of the Rexel shares sale is
approximately 225 million euros. As a result of the sale, Ray France
Investment S.A.S shareholding in Ray Investment will be accordingly
reduced from 30,9% to 29,4% and Eurazeo’s indirect interest in Rexel SA
will be reduced from 17,9%, to 12,7% of Rexel share capital.
This is the second transaction achieved by Ray investment s.à.r.l. on
Rexel shares after March 2012 disposal. Eurazeo, through its holding in
Ray investment s.à.r.l. will continue to play its role of long term
shareholder and hereby reaffirms its confidence and support to Rudy
Provoost, CEO of Rexel, to efficiently implement Rexel’s growth strategy
and reach 2015 targets.
With a diversified portfolio of nearly 4 billion euros in assets,
Eurazeo is one of the leading listed investment companies in Europe. Its
mission is to identify, accelerate and enhance the transformation
potential of companies in which it invests. Its solid family shareholder
base, its lack of debt and its flexible investment horizon enable
Eurazeo to support its companies over the long term. Eurazeo is the
majority or leading shareholder in Accor, ANF Immobilier, APCOA,
Edenred, Elis, Europcar, Foncia, Moncler and Rexel.
Eurazeo’s shares are listed on the Paris Euronext Eurolist.
FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA
March 20, 2013
May 6, 2013
1st Quarter 2013 revenues
August 28, 2013
1st Half 2013 results
For more information, please visit Eurazeo’s Internet site: www.eurazeo.com
This press release does not constitute or form a part of any offer or
solicitation to purchase or subscribe for securities in the United
States. The securities mentioned herein have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "U.S.
Securities Act”), and may not be offered or sold, directly or
indirectly, within the United States or to, or for the account or
benefit of, U.S. persons (as such term is defined by Regulation S under
the Securities Act), except pursuant to an exemption from or in a
transaction not subject to, the registration requirements of the
Securities Act. The Company does not intend to register any portion of
the proposed offering in the United States nor to conduct a public
offering of securities in the United States.
Not for distribution, directly or indirectly, in the United
States, Canada, Australia or Japan.