The AMF authorises the TWDC Simplified Cash Tender Offer for Euro Disney S.C.A.

The Autorité des marchés financiers (“AMF”) have approved The Simplified Cash Tender Offer presented by The Walt Disney for Euro Disney S.C.A.

The AMF has granted visa no. 17-187, dated 9 May 2017 in respect to the simplified cash tender offer which was presented to Euro Disney S.C.A Shareholders by The Walt Disney Company on 10 February 2017.

The Offer sees TWDC offering Disneyland Paris Shareholders €2.00 per share.

Financial institutions and stock brokerages have today started the process of contacting Euro Disney shareholders with the offer to voluntarily sell their shares to TWDC.

Shareholders will have the opportunity to sell their shares to TWDC from 11 May 2017 until 8 June 2017.

Once the Offer has closed, and if  TWDC manage to increase their ownership of Euro Disney to 95% they then plan on applying to the AMF for a mandatory takeover of Euro Disney which if approved would see Disneyland Paris under the full control of The Walt Disney Company.

Euro Disney had launched the following website dedicated to the Offer https://eurodisney-opa.com/en/

Below is the press release that Euro Disney published today confirming the AMFs approval of the simplified cash tender offer.

 


EURO DISNEY S.C.A.
announces the availability of (i) the offer document prepared in response to the simplified cash tender offer targeting its shares initiated by EDL Holding Company, LLC, Euro Disney Investments S.A.S. and EDL Corporation S.A.S. and (ii) the document presenting the information related to its characteristics, in particular its legal, financial and accounting characteristics.

(Marne-la-Vallée, May 10, 2017) This press release was prepared and published by Euro Disney S.C.A. (the “Company”), parent company of Euro Disney Associés S.C.A., operator of Disneyland® Paris, in accordance with the provisions of Articles 231-27, 3° and 231-28 of the general regulation of the Autorité des marchés financiers (the “AMF”).

Pursuant to Article L. 621-8 of the French Monetary and Financial Code (Code monétaire et financier) and Article 231-23 of its General Regulation, the AMF has granted visa no. 17-187, dated May 9, 2017, with respect to the offer document (the “Response Document”) prepared by the Company in response to the simplified cash tender offer targeting its shares initiated by EDL Holding Company, LLC, Euro Disney Investments S.A.S. and EDL Corporation S.A.S. (the “Offer”).

Pursuant to the provisions of Article 231-28 of the AMF General Regulation, the document presenting the information related to the characteristics, in particular the legal, financial and accounting characteristics, of the Company (the “Document ‘Other Information’ of Euro Disney S.C.A.”) is made available to the public today.

The Response Document and the Document ‘Other Information’ of Euro Disney S.C.A. are available on the websites of the AMF (www.amf-france.org) and the Company (http://corporate.disneylandparis.com).

Copies of these documents are available free of charge at the Company’s registered office, 1, rue de la Galmy, 77700 Chessy.



Information to the public

For more information on the Offer, please refer to the press releases issued by the Company on February 10, 2017 and March 30, 2017 which are available on its website (http://corporate.disneylandparis.com).

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