RNS Number : 4831J
Flutter Entertainment PLC
24 October 2024
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

IE00BWT6H894

Issuer Name

Flutter Entertainment Public Limited Company

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Parvus Asset Management Europe Limited

City of registered office (if applicable)

 

Country of registered office (if applicable)

GB

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

16-Oct-2024

6. Date on which Issuer notified

22-Oct-2024

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

1.711000

4.968000

6.679000

11878094

Position of previous notification (if applicable)

0.000000

5.039908

5.039908


8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

IE00BWT6H894

3042740


1.711000


Sub Total 8.A

3042740

1.711000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 





Sub Total 8.B1




8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Equity Swap

13/01/2025

N/A

Cash

6170

0.003000

Equity Swap

13/03/2025

N/A

Cash

4966200

2.793000

Equity Swap

03/07/2025

N/A

Cash

2399377

1.349000

Equity Swap

03/11/2025

N/A

Cash

38019

0.021000

Equity Swap

02/12/2025

N/A

Cash

1127585

0.634000

Equity Swap

05/01/2026

N/A

Cash

152434

0.086000

Equity Swap

03/06/2026

N/A

Cash

145569

0.082000

Sub Total 8.B2


8835354

4.968000%

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Edoardo Mercadante


1.711000

4.968000

6.679000%

Edoardo Mercadante

Parvus Asset Management (Cayman) Limited

1.711000

4.968000

6.679000%

Edoardo Mercadante

Parvus Asset Management Limited

1.711000

4.968000

6.679000%

Edoardo Mercadante

Parvus Asset Management Europe Limited

1.711000

4.968000

6.679000%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Parvus Asset Management Europe Limited has been appointed as Investment Manager to a number of funds and managed accounts. Under the terms of the various investment management agreements, Parvus Asset Management Europe Limited holds the power to vote any physical shareholdings held by these clients.

12. Date of Completion

22-Oct-2024

13. Place Of Completion

London, United Kingdom

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