Euro Disney S.C.A. have today announced the new membership criteria for the Disneyland Paris Shareholders Club – Disney Le Club Actionnaires.
Applications for new memberships will be accepted from Thursday, March 10, 2016, and new applicants and members wishing to renew will now need to hold a minimum of 1,000 Euro Disney S.C.A. shares.
At today’s share price (€1.26) it will cost €1,260 / £972.00 to become a new member of the Shareholders Club.
New applicants will be able to apply for membership to the Shareholders Club via the corporate Disneyland Pairs website here.
Existing members of the Club are not impacted by these new conditions if they renew their membership within 60 days following their cards expiration date. Following renewal, Shareholders cards will now be valid for 5 years for all Club members.
Current membership cards will remain valid up to the expiration date and will not be reproduced with the 5-year term.
However, members of the Club who joined between October 1st, 2005 and before March 10th, 2016 will have to meet the new criteria of 1000 shares if they do not make by their renewal within 60 days after the expiration date of their membership card.
Members of the Shareholders Club who joined prior to October 1st, 2005 a minimum holding of five (5) Euro Disney S.C.A. shares is required to be a member.
The Shareholders Club has today published the below guide for existing members of the Club on their website following the new membership criteria announcement.
Starting from March 10th, 2016: the Shareholders Club is only accessible to individual Euro Disney S.C.A. shareholders holding a minimum of one thousand (1,000) Euro Disney S.C.A. shares (ISIN code: FR0010540740) in a bearer or in a registered form. The membership is free and valid for five (5) year and until the last day of the month expiration indicated on the card.
As a reminder, until March 9th, 2016: the Shareholders Club was accessible to individual Euro Disney S.C.A. shareholders holding a minimum of one hundred (100) Euro Disney S.C.A. shares (ISIN code: FR0010540740) in a bearer or in a registered form. The membership is free and valid now for five (5) years and until the last day of the month expiration indicated on the card.
Shareholders who fulfill the following conditions are exempt from these criteria:
Being members of the Shareholders Club an earlier date than October 1st, 2005 and justify at the time of their renewal request to the Shareholders Club, a holding of a minimum of five (5) Euro Disney S.C.A. shares.
Since October 1st, 2015, the temporary certificates are no longer delivered or accepted. Only the membership cards that include a magnetic strip (cards issued since October, 2012) are valid in the cash registers of shops, restaurants of Disneyland® Paris, at the gate to Salon Mickey and for purchase of parks tickets, annual passports (not available by internet).
Please consider making your renewal at most 60 days before the date of expiration.
Members of the Shareholders Club who joined the Club prior to March 9th, 2016 must also renew their card at the earliest 60 days before the expiration of their card and at the latest 60 days after the expiration (versus an unlimited period before). After this delay, the new membership criteria (holding of a minimum of 1,000 shares) will apply.
Reminder on the modifications of the Shareholders Club general conditions:
Euro Disney S.C.A. reserves the right to modify without prior notice the general conditions and/or the eligibility conditions and/or the characteristics of the Shareholders Club, including the different types and levels of offers and discounts proposed to the members of the Shareholders Club.
Euro Disney S.C.A. also reserves the right to terminate Shareholders Club activities for any reason and at any moment, in which case it commits to honor all reservations made up to and including the dates benefitting from a Shareholders Club discount.