Flutter Entertainment PLC Holding(s) in Company (9016T)
22 Marzo 2023 - 8:30AM
UK Regulatory
TIDMFLTR
RNS Number : 9016T
Flutter Entertainment PLC
22 March 2023
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) :
Parvus Asset Management Europe Limited has been appointed as Investment
Manager to a number of funds. 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.
5. Date on which the threshold was crossed or reached (vi) :
20 March 2023
6. Date on which issuer notified:
22 March 2023
7. Threshold(s) that is/are crossed or reached:
Going below 7% voting rights (by way of 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% 6.95% 6.95% 176,150,521
------------------ ------------------- -------------- -------------
Position of
previous notification
(if applicable) 0% 7.20% 7.20%
------------------ ------------------- -------------- -------------
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 Number of % of voting
financial date (x) Conversion or cash settlement voting rights
instrument Period (xii) rights
(xi)
------------------- ------------- --------------------------- ---------------
Equity Swap 01/06/2023 N/A Cash 156,835 0.09%
------------------- ------------- --------------------------- ---------------
Equity Swap 12/07/2023 N/A Cash 3,450,284 1.96%
------------------- ------------- --------------------------- ---------------
Equity Swap 03/11/2023 N/A Cash 193,003 0.11%
------------------- ------------- --------------------------- ---------------
Equity Swap 04/12/2023 N/A Cash 5,792,541 3.29%
------------------- ------------- --------------------------- ---------------
Equity Swap 02/01/2024 N/A Cash 80,735 0.05%
------------------- ------------- --------------------------- ---------------
Equity Swap 10/03/2025 N/A Cash 1,118,721 0.64%
------------------- ------------- --------------------------- ---------------
Equity Swap 13/03/2025 N/A Cash 1,355,964 0.77%
------------------- ------------- --------------------------- ---------------
Equity Swap 02/06/2025 N/A Cash 95,792 0.05%
------------------- ------------- --------------------------- ---------------
SUBTOTAL
B.2 12,243,875 6.95%
--------------------------- ---------------
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 6.95% 6.95%
----------------------- --------------------- ---------------------
Parvus Asset Management
(Cayman) Limited N/A 6.95% 6.95%
----------------------- --------------------- ---------------------
Parvus Asset Management
Limited N/A 6.95% 6.95%
----------------------- --------------------- ---------------------
Parvus Asset Management
Europe Limited N/A 6.95% 6.95%
----------------------- --------------------- ---------------------
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 22 March 2023.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
HOLUUSOROKUOUAR
(END) Dow Jones Newswires
March 22, 2023 10:30 ET (14:30 GMT)
Paddy Power Betfair (LSE:PPB)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Paddy Power Betfair (LSE:PPB)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025
Real-Time news about Paddy Power Betfair Plc (London Stock Exchange): 0 recent articles
Más de Paddy Power Betfair Plc Artículos de Noticias