New shareholder applications suspended

[bpeacock]

Below is from the recent shareholders newsletter:

Shareholders Club: Important Information
In a constant concern to better meet members expectations, to bring a quality service, relevant information on the Company and to preserve equity for the existing members, Euro Disney S.C.A.'s Shareholders Club announces the suspension of new memberships (new shareholders) as of Thursday, January 15th, 2015, for at least the implementation period of the recapitalization.


The future of the Shareholders Club is not affected by this operation. All current members of the Club will remain members afterwards. The advantages and services will be identical.


After this period of suspension, an analysis on the threshold of the minimum quantity of shares to be held by the new members will be led before the coming into force of new membership criteria and/or new general conditions (terms) of the Shareholders Club.

 

[tennisfan]

I got the email too and think it's the best option whilst they consider new terms for new members. I like that they have listened and still honour current members

 

[Jonjo]

I got the email too and think it's the best option whilst they consider new terms for new members. I like that they have listened and still honour current members

Well we have seen our investments whipped out so I suppose it's the least they could do. I would not be surprised if they stop new memberships and slowy start to wind it down.