The independent investment management company Invesco Ltd has announced that since the 9 January 2014 it now owns 5.01% of Euro Disney S.C.A. the company that owns and operates Disneyland Paris in Marne-la-Vallée, France.
Invesco’s purchase of 1,953,151 shares was the result of acquisitions on the open market, and the crossing of the 5% threshold now gives Invesco capital and voting rights of Euro Disney S.C.A.
The shareholding of Disneyland Paris now breaks down to 39.78% held by The Walt Disney Company, 10% by Saudi Prince Alwaleed, 5.01% by Invesco Ltd and 45.21% by other shareholders.
Invesco which is incorporated in Bermuda and headquartered in Atlanta, Georgia, USA, reported total assets under management of $778.7 billion at the end of December 2013.
This purchase by Invesco will make the Euro Disney Annual General Meeting currently scheduled to be held at CinéMagique in the Walt Disney Studios Park on Wednesday 12 February 2014 a very interesting gathering of Euro Disney shareholders.
Euro Disney S.C.A. (EDL.PA) shares closed today (13 January 2014) at €4.57 up €0.07 a change of 1.56 %.