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Flutter Entertain — Major Shareholding Notification 2019
Jun 14, 2019
1965_mrq_2019-06-14_3b802142-3551-451e-bd8c-d5306627817f.html
Major Shareholding Notification
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RNS Number : 3444C
Flutter Entertainment PLC
14 June 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 attachedii: Flutter Entertainment plc |
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| 2. Reason for the notification (please tick the appropriate box or boxes): [ X ] An acquisition or disposal of voting rights [ ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other (please specify)iii: |
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| 3. Details of person subject to the notification obligationiv : | ||||
| Name: Marathon Asset Management LLP |
City and country of registered office (if applicable): London, UK |
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| 4. Full name of shareholder(s) (if different from 3.)v: See attached breakdown |
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| 5. Date on which the threshold was crossed or reachedvi: 13th June 2019 |
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| 6. Date on which issuer notified: 14th June 2019 |
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| 7. Threshold(s) that is/are crossed or reached: 3% |
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| 8. Total positions of person(s) subject to the notification obligation: | ||||
| % of voting rights attached to shares (total of 9.A) | % of voting rights through financial instruments (total of 9.B.1 + 9.B.2) |
Total of both in % (9.A + 9.B) | Total number of voting rights of issuervii | |
| Resulting situation on the date on which threshold was crossed or reached | 3.08 | 0 | 3.08 | 78,169,863 |
| Position of previous notification (if applicable) | 2.99 | 0 | 2.99 |
| 9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii: | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of shares ISIN code (if possible) |
Number of voting rightsix | % of voting rights | |||||||
| Direct | Indirect | Direct | Indirect | ||||||
| Ordinary Shares IE00BWT6H894 | 2,411,233 | 3.08 | |||||||
| SUBTOTAL A | 2,411,233 | 3.08 | |||||||
| B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations | |||||||||
| Type of financial instrument | Expiration datex |
Exercise/ Conversion Periodxi |
Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| None | |||||||||
| SUBTOTAL B.1 | |||||||||
| B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations | |||||||||
| Type of financial instrument | Expiration datex |
Exercise/ Conversion Period xi |
Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
| None | |||||||||
| SUBTOTAL B.2 | |||||||||
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 entityxiv:
Namexv
% 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
William Arah
Jeremy Hosking
Neil Ostrer
Marathon Asset Management LLP
3.08
0
3.08
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
12. Additional informationxvi:
Breakdown of Holdings:
| Custodian | Nominal |
| State Street Bank & Trust Company | 1,274,033 |
| Bank of America Merrill Lynch | 129,120 |
| Bank of New York Mellon | 549,532 |
| BNP Paribas | 2,121 |
| Brown Brothers Harriman | 1,713 |
| JP Morgan Chase | 75,988 |
| Northern Trust | 1,248,209 |
| Royal Bank of Canada | 2,186 |
| Total | 3,282,902 |
The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP. The provided breakdown of holdings refer to the total number of shares in Flutter Entertainment PLc controlled by Marathon Asset Management LLP but the firm only has authority to vote in connection with 2,411,233 shares.
Done at London on 14th June 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 [email protected] or visit www.rns.com.
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