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Flutter Entertain Major Shareholding Notification 2023

Dec 8, 2023

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title: "Standard Form TR1"
author: "Ward Helen"
date: 2023-12-08 15:01:00+00:00
processor: python-docx+mammoth
status: success


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
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 obligationiv :
Name: Parvus Asset Management Europe Limited City and country of registered office (if applicable): 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 reachedvi: 06 December 2023
6. Date on which issuer notified: 08 December 2023
7. Threshold(s) that is/are crossed or reached: Going above 6% voting rights (by way of equity swaps).
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 0% 6.11% 6.11% 176,838,239
Position of previous notification (if applicable) 0% 5.04% 5.04%
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
SUBTOTAL A
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
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
Equity Swap 03/06/2024 N/A Cash 1,588,555 0.90%
Equity Swap 13/03/2025 N/A Cash 3,165,904 1.79%
Equity Swap 14/07/2025 N/A Cash 3,075,620 1.74%
Equity Swap 03/11/2025 N/A Cash 92,150 0.05%
Equity Swap 02/12/2025 N/A Cash 2,886,381 1.63%
SUBTOTAL B.2 10,808,610 6.11%
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
Edoardo Mercadante N/A 6.11% 6.11%
Parvus Asset Management (Cayman) Limited N/A 6.11% 6.11%
Parvus Asset Management Limited N/A 6.11% 6.11%
Parvus Asset Management Europe Limited N/A 6.11% 6.11%
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 informationxvi: N/A

Completed in London on 08 December 2023.