REG - FlutterEntertainment - Transition to US Primary Listing Complete

Flutter EntertainmentAnnouncement

31/05/2024 08:15

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RNS Number : 5518Q  Flutter Entertainment PLC  31 May 2024

New York, United States, May 31, 2024

 

Flutter's primary listing now on the New York Stock Exchange

Flutter Entertainment plc ("Flutter" or the "Company") (NYSE: FLUT; LSE:FLTR)
announced today that its primary listing is now on the New York Stock Exchange
("NYSE"). This follows the transfer of the Company's listing category on the
Official List of the Financial Conduct Authority from "Premium Listing
(commercial company)" to "Standard Listing (shares)" as of 08.00 a.m. BST /
03.00 a.m. ET today. The Company's shares remain eligible for and continue to
trade on the Main Market of the London Stock Exchange ("LSE") on the
  Standard Listing segment.

Today's announcement follows the passing of the relevant resolution by
shareholders at the Company's Annual General Meeting held on May 1, 2024.

Peter Jackson, CEO of Flutter Entertainment, said:

"Today marks an important milestone in the evolution of Flutter with the
commencement of our primary listing on the New York Stock Exchange. This
closely follows the recent move of our operational headquarters to New York,
with both reflecting the increasing importance of the US sports betting and
iGaming market to our business. We have a fantastic position in the US, with
FanDuel the clear number one operator, and we look forward to this next step
on our journey."

Listing changes

As previously announced, since February 2023, management has engaged widely
with U.S. investors, existing and potential, along with existing shareholders
globally. The feedback received has been very supportive of moving Flutter's
primary listing to the United States. The first step in this process was
achieved on January 29, 2024, with the additional listing of Flutter's
ordinary shares on the NYSE. On May 1, 2024, shareholders passed the special
resolution to transfer Flutter's listing category from a Premium Listing to a
Standard Listing on the LSE, which has taken effect today. Hereafter,
Flutter's primary listing will be on the NYSE.

About Flutter Entertainment plc

Flutter is the world's leading online sports betting and iGaming operator,
with leading positions in markets across the world, including the US. Our
ambition is to leverage our significant scale and our challenger mindset to
change our industry for the better. By Changing the Game, we believe we can
deliver long-term growth while promoting a positive, sustainable future for
all our stakeholders. We are well-placed to do so through the distinctive,
global competitive advantages of the Flutter Edge, which gives our brands
access to group-wide benefits to stay ahead of the competition, as well as our
clear vision for sustainability through our Positive Impact Plan.

Flutter operates a diverse portfolio of leading online sports betting and
iGaming brands including FanDuel, Sky Betting & Gaming, Sportsbet,
PokerStars, Paddy Power, Sisal, Tombola, Betfair, MaxBet, Junglee Games and
Adjarabet. We are the industry leader with $11,790 million of revenue globally
for fiscal 2023, up 25% YoY, and $3,397 million of revenue globally for the
quarter ended March 31, 2024.

Forward-looking statements

This press release may include forward-looking statements. These forward
looking statements can be identified by the use of forward looking
terminology, including the terms "outlook," "believe(s),"expect(s),"
"potential," "continue(s)," "may," "will," "should," "could," "would,"
"seek(s)," "predict(s)," "intend(s)," "trends," "plan(s)," "estimate(s),"
"anticipates," "projection," "goal," "target," "aspire," "will likely result"
and other words and terms of similar meaning or the negative versions of such
words or other comparable words of a future or forward-looking nature. These
forward-looking statements include all matters that are not historical facts
and include statements regarding Flutter's or its affiliates' intentions,
beliefs or current expectations concerning, among other things, Flutter's or
its affiliates' results of operations, financial condition, liquidity,
prospects, growth, strategies and the industries in which they operate. By
their nature, forward-looking statements involve risks and uncertainties
because they relate to events and depend on circumstances that may or may not
occur in the future. Readers are cautioned that forward-looking statements are
not guarantees of future performance and that Flutter's or its affiliates'
actual results of operations, financial condition and liquidity, and the
development of the industries in which they operate may differ materially from
those made in or suggested by the forward-looking statements contained in this
press release. In addition, even if Flutter's or its affiliates' results of
operations, financial condition and liquidity, and the development of the
industries in which they operate are consistent with the forward-looking
statements contained in this press release, those results or developments may
not be indicative of results or developments in subsequent periods.

 

Enquiries

Company Secretary: Cosec@flutter.com (mailto:Cosec@flutter.com)

Investor Relations: Investor.relations@flutter.com
(mailto:Investor.relations@flutter.com)

Media Relations: corporatecomms@flutter.com
(mailto:corporatecomms@flutter.com)

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