• Rexel priced a private placement share sale, issuing 14,388,490 new shares via accelerated bookbuilding without preferential subscription rights.
• Deal raised about EUR 500 million in gross proceeds at EUR 34.75 a share, a roughly 1% discount to the prior close.
• Net proceeds earmarked to partially fund the planned acquisition of GCG, supporting a net debt-to-EBITDAaL ratio near 2.0x from 2027.
• New shares equal about 4.6% of pre-issue share capital, with settlement and delivery expected around Oct. 1, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rexel SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609290137OMX_____CNEWS_EN_GNW1001275088_en) on September 29, 2026, and is solely responsible for the information contained therein.