TIDMFLTR

RNS Number : 8718X

Flutter Entertainment PLC

23 December 2019

Standard Form TR-1

Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer 
  and to the Central Bank of Ireland)(i) 
 
 1. Identity of the issuer or the underlying issuer of existing shares 
  to which voting rights are attached(ii) : 
  Flutter Entertainment Plc 
 2. Reason for the notification (please tick the appropriate box or 
  boxes): 
  [ ] An acquisition or disposal of voting rights 
  [X] An acquisition or disposal of financial instruments 
  [ ] An event changing the breakdown of voting rights 
  [ ] Other (please specify)(iii) : 
 3. Details of person subject to the notification obligation(iv) : 
 Name:                                         City and country of registered office (if 
  Parvus Asset Management Europe                applicable): 
  Limited                                       London, United Kingdom 
                                              -------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) : 
 5. Date on which the threshold was crossed or reached(vi) : 
  19 December 2019 
 6. Date on which issuer notified: 
  23 December 2019 
 7. Threshold(s) that is/are crossed or reached: 
  Going below 10% voting rights (equity swaps). 
 8. Total positions of person(s) subject to the notification obligation: 
                           % of voting         % of voting rights   Total of both   Total number 
                            rights attached     through financial    in % (9.A +     of voting 
                            to shares (total    instruments          9.B)            rights of 
                            of 9.A)             (total of 9.B.1                      issuer(vii) 
                                                + 9.B.2) 
                          ------------------  -------------------  --------------  ------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                      0%                 9.87%              9.87%        78,263,224 
                          ------------------  -------------------  --------------  ------------- 
 Position of 
  previous notification 
  (if applicable)                 0%                 10.16%            10.16% 
                          ------------------  -------------------  --------------  ------------- 
 
 
 9. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached(viii) : 
 A: Voting rights attached to shares 
 Class/type       Number of voting rights(ix)                          % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
 
                       Direct                   Indirect                            Direct                       Indirect 
                                  ---------------------------------- 
 
 
 
 SUBTOTAL 
  A 
                 ---------------  ----------------------------------  --------------------------------  ----------------------- 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) of the 
  Regulations 
 Type of financial    Expiration        Exercise/                      Number of voting                  % of voting 
  instrument           date(x)           Conversion                     rights that may                   rights 
                                         Period(xi)                     be acquired if 
                                                                        the instrument 
                                                                        is exercised/converted. 
                     ----------------  -----------------------------  --------------------------------  ----------------------- 
 
 
 
                                        SUBTOTAL B.1 
                                       -----------------------------  --------------------------------  ----------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Regulation 17(1)(b) of the Regulations 
 Type of          Expiration            Exercise/      Physical or                   Number of voting              % of voting 
 financial         date(x)               Conversion     cash settlement(xii)          rights                        rights 
 instrument                              Period 
                                         (xi) 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          15/07/2020            N/A                   Cash                                   104,570          0.13% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          02/09/2020            N/A                   Cash                                    56,696          0.07% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          28/09/2020            N/A                   Cash                                    41,026          0.05% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          02/12/2020            N/A                   Cash                                 2,211,515          2.83% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          04/01/2021            N/A                   Cash                                    49,239          0.06% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          11/03/2021            N/A                   Cash                                 1,126,091          1.44% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          31/03/2021            N/A                   Cash                                   557,667          0.71% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          21/04/2021            N/A                   Cash                                    25,410          0.03% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          21/06/2021            N/A                   Cash                                    68,570          0.09% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          12/07/2021            N/A                   Cash                                 2,076,558          2.65% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          21/07/2021            N/A                   Cash                                   320,091          0.41% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          24/09/2021            N/A                   Cash                                   110,341          0.14% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          26/10/2021            N/A                   Cash                                   385,737          0.49% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          14/03/2022            N/A                   Cash                                   442,438          0.57% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
 Equity Swap          01/06/2023            N/A                   Cash                                   149,744          0.19% 
                 --------------------  -------------  ----------------------------  ---------------------------- 
                                                                      SUBTOTAL B.2                     7,725,693          9.87% 
                        ----------------------------                                ---------------------------- 
 
 
 
 10. Information in relation to the person subject to the notification 
  obligation (please tick the applicable box): 
 
  [ ] Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the (underlying) 
  issuer.(xiii) 
 
  [X] 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 entity(xiv) : 
 Name(xv)                   % of voting rights       % of voting rights     Total of both 
                             if it equals or          through financial      if it equals 
                             is higher than the       instruments if it      or is higher 
                             notifiable threshold     equals or is higher    than the notifiable 
                                                      than the notifiable    threshold 
                                                      threshold 
                           -----------------------  ---------------------  --------------------- 
 Edoardo Mercadante          N/A                     9.87%                  9.87% 
                           -----------------------  ---------------------  --------------------- 
 Parvus Asset Management 
  (Cayman) Limited           N/A                     9.87%                  9.87% 
                           -----------------------  ---------------------  --------------------- 
 Parvus Asset Management 
  Limited                    N/A                     9.87%                  9.87% 
                           -----------------------  ---------------------  --------------------- 
 Parvus Asset Management 
  Europe Limited             N/A                     9.87%                  9.87% 
                           -----------------------  ---------------------  --------------------- 
 
 11. In case of proxy voting: [name of the proxy holder] will cease 
  to hold [% and number] voting rights as of [date] 
 
  N/A 
 
 12. Additional information(xvi) : 
 
  N/A 
 

Completed in London on 23 December 2019.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

HOLUOASRKBAUUAA

(END) Dow Jones Newswires

December 23, 2019 11:00 ET (16:00 GMT)

Paddy Power Betfair (LSE:PPB)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Paddy Power Betfair.
Paddy Power Betfair (LSE:PPB)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Paddy Power Betfair.