01—Abstract
Summary
Summary of the 8-K filed March 28, 2024. Cited figures are marked; the original filing is the authoritative source.
Flutter Entertainment plc filed this Form 8-K under Item 7.01 (Regulation FD Disclosure) on March 28, 2024, furnishing as Exhibit 99.1 a Regulatory News Service announcement made to comply with the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The announcement concerns a sale of Company ordinary shares by Peter Jackson, Chief Executive Officer. According to the exhibit, Mr. Jackson exercised 21,688 nil-cost options under the LTIP 2019 and sold 21,688 ordinary shares of EUR0.09 each on the London Stock Exchange on March 27, 2024, at a price of £157.847972 per share. The filing identifies the transaction as an initial notification and states no additional information.
The filing is a routine insider disclosure of a single executive transaction. It does not contain financial results, guidance, or any other corporate announcements.
02—Key points
Key Highlights
- CEO Peter Jackson exercised 21,688 nil-cost options under the LTIP 2019 and sold 21,688 ordinary shares.
- The share sale was executed on the London Stock Exchange on March 27, 2024, at £157.847972 per share.
- The disclosure was made under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules and furnished under Item 7.01 (Regulation FD Disclosure).
- The filing is an initial notification of a Persons Discharging Managerial Responsibilities (PDMR) transaction.
- Shares traded are Flutter Entertainment plc ordinary shares of EUR0.09 each, ISIN IE00BWT6H894.
- The filing contains no additional information beyond the transaction details.
03—Questions
Frequently Asked Questions
Who conducted the transaction reported in this filing?
The transaction was conducted by Peter Jackson, Flutter Entertainment plc's Chief Executive Officer, and reported as an initial notification.
How many shares were involved and at what price?
21,688 ordinary shares were sold at £157.847972 per share, following the exercise of an equal number of nil-cost options under the LTIP 2019.
Where and when did the transaction take place?
The transaction took place on the London Stock Exchange on March 27, 2024. The announcement was released on March 28, 2024.
Why was this filed with the SEC?
The company furnished the UK Regulatory News Service announcement as Exhibit 99.1 under Item 7.01 of Form 8-K, which is incorporated by reference, to make the disclosure available to U.S. investors.
Does this filing reveal anything about the company's financial performance?
No. The filing solely reports an executive share sale and does not include financial results, guidance, or other corporate developments.
04—Continue