Flutter Entertainment PLC Capitalisation and Capital Reduction (3230L)
September 10 2021 - 4:00AM
UK Regulatory
TIDMFLTR
RNS Number : 3230L
Flutter Entertainment PLC
10 September 2021
Flutter Entertainment plc
("Flutter")
Capitalisation and Capital Reduction
10 September 2021
In accordance with the authority conferred by shareholders
pursuant to resolution 10 at Flutter's Annual General Meeting held
on Thursday, 29 April 2021 (the "AGM"), the Board today confirms
that it has completed the capitalisation of GBP 7,982,942,509.88,
being the entirety of the amounts standing to the credit of
Flutter's merger reserve account at 31 December 2020.
In accordance with the provisions of sections 84 and 85 of the
Companies Act 2014 and the authority conferred by resolution 11 as
approved by shareholders at the AGM, the Board has resolved to make
an application to the Irish High Court to seek confirmation of a
reduction of Flutter's company capital by the cancellation of GBP
10,000,000,000 (or such lesser amount as the High Court may
determine) standing to the credit of Flutter's share premium
account following completion of the capitalisation.
Enquiries:
Edward Traynor
Company Secretary
+353872232455
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