U.S. Army Captain Michael Kelvington, commander of the Battle company, 1-508 Parachute Infantry battalion, 4th Brigade Combat Team, 82nd Airborne Division, bows next to remains of Gulam Dostager, a member of Afghan Local Police who was killed in the blast of an Improvised Explosive Device (IED) during the joint Tor Janda (Black Flag in Pashtu) operation, in Zahri district of Kandahar province, southern Afghanistan May 25, 2012.  REUTERS/Shamil Zhumatov  (AFGHANISTAN - Tags: MILITARY CIVIL UNREST CONFLICT TPX IMAGES OF THE DAY)

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Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012.  REUTERS/Eduardo Munoz (UNITED STATES - Tags: MILITARY ANNIVERSARY TPX IMAGES OF THE DAY)

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Luc Besson to float film company

French director Luc Besson and his wife Virginie Silla arrive for an evening gala screening at the 60th Cannes Film Festival May 16, 2007. Besson aims to float his production company, EuropaCorp, on the Paris stock exchange, the company said in a statement on Wednesday. REUTERS/Jean-Paul Pelissier

French director Luc Besson and his wife Virginie Silla arrive for an evening gala screening at the 60th Cannes Film Festival May 16, 2007. Besson aims to float his production company, EuropaCorp, on the Paris stock exchange, the company said in a statement on Wednesday.

Credit: Reuters/Jean-Paul Pelissier

PARIS | Wed May 30, 2007 11:43am EDT

PARIS (Reuters) - French film director Luc Besson aims to float his production company, EuropaCorp, on the Paris stock exchange, the company said in a statement on Wednesday.

EuropaCorp has made or helped produce 45 films since 1999, including "Transporter 2" and more recently the animated children's movie "Arthur et les Minimoys".

Besson - best known for directing films including "Le Grand Bleu" and "The Fifth Element" - controls EuropaCorp via his holding company Front Line, according to a document filed with France's AMF stock markets authority.

The company currently has eight movies that are either in post production or being shot, including "Taken", being directed by Pierre Morel and starring Liam Neeson, the document said.

Besson is also planning sequels to his animated film "Arthur" and a third "Transporter" movie starring Jason Statham, among other projects, it said.

In its last financial year, ended March 31, EuropaCorp made a profit of 8 million euros on sales of 159 million euros. It had net debt of around 43 million euros, partly guaranteed by rights to some of its films.

The document said Besson might continue to own more than 50 percent of EuropaCorp after a listing but, in line with AMF rules, it gave no details on how much money the company might be seeking to raise. That information will be contained in an offer prospectus to be filed at a later date.

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