Form 8-K - Current report
November 29 2024 - 6:04AM
Edgar (US Regulatory)
false 0001635327 0001635327 2024-11-28 2024-11-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): November 28, 2024
Flutter Entertainment plc
(Exact Name of Registrant as Specified in its Charter)
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Ireland
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001-37403
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98-1782229
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(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification Number) |
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290 Park Ave South, 14th Floor New York, New York
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10010 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s Telephone Number, Including Area Code: (646) 930-0950
Not Applicable
(Former Name or Former Address, if Changed Since Last Report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Ordinary Shares, nominal value of €0.09 per share |
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FLUT |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 |
Regulation FD Disclosure. |
On November 28, 2024, Flutter Entertainment plc (the “Company”) released, via the Regulatory News Service in London, an announcement (the “RNS Announcement”) regarding the submission to the Company of a notification on Standard Form TR-1 (Standard Form for Notification of Major Holdings), which is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference. The RNS Announcement was made in order to comply with disclosure requirements pursuant to the United Kingdom Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Flutter Entertainment plc |
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(Registrant) |
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Date: November 29, 2024 |
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By: |
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/s/ Edward Traynor |
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Name: |
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Edward Traynor |
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Title: |
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Group Company Secretary |
Exhibit 99.1
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
21-Nov-2024
6. Date on which Issuer notified
27-Nov-2024
7. Total positions of person(s) subject to the notification obligation
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% of voting
rights attached to shares
(total of 8.A) |
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% of voting rights
through financial instruments
(total of 8.B 1 + 8.B
2) |
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Total of both
in % (8.A +
8.B) |
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Total number
of voting rights held in
issuer |
Resulting situation on the date on which threshold was crossed or reached |
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2.400011 |
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2.539822 |
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4.939833 |
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8796223 |
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Position of previous notification (if applicable) |
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1.711000 |
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4.968000 |
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6.679000 |
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
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Class/Type of shares
ISIN code (if possible) |
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Number of
direct voting rights
(DTR5.1) |
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Number of indirect
voting rights
(DTR5.2.1) |
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% of direct
voting rights
(DTR5.1) |
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% of indirect voting
rights (DTR5.2.1) |
IE00BWT6H894 |
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4273634 |
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2.400011 |
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Sub Total 8.A |
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4273634 |
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2.400011% |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
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Type of financial
instrument |
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Expiration
date |
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Exercise/conversion
period |
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Number of voting rights that may be
acquired if the instrument is exercised/converted |
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% of
voting
rights |
Sub Total 8.B1 |
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8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
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Type of financial
instrument |
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Expiration
date |
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Exercise/conversion period |
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Physical or cash
settlement |
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Number of
voting rights |
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% of
voting
rights |
Equity Swap |
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13/03/2025 |
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Cash |
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3137304 |
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1.761865 |
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Equity Swap |
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03/07/2025 |
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Cash |
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1304438 |
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0.732554 |
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Equity Swap |
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05/01/2026 |
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Cash |
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80847 |
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0.045403 |
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Sub Total 8.B2 |
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4522589 |
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2.539822% |
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)
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Ultimate
controlling person |
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Name of
controlled
undertaking |
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% of voting
rights if it equals or
is higher than the
notifiable
threshold |
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% of voting rights
through financial
instruments if it
equals or is higher
than the notifiable
threshold |
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Total of both if
it equals or is
higher than the
notifiable
threshold |
Edoardo Mercadante |
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2.400011 |
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2.539821 |
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4.939833% |
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Edoardo Mercadante |
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Parvus Asset Management (Cayman) Limited |
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2.400011 |
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2.539821 |
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4.939833% |
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Edoardo Mercadante |
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Parvus Asset Management Limited |
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2.400011 |
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2.539821 |
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4.939833% |
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Edoardo Mercadante |
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Parvus Asset Management Europe Limited |
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2.400011 |
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2.539821 |
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4.939833% |
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
27-Nov-2024
13. Place Of Completion
London, United Kingdom
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