01—Abstract
Summary
Summary of the 8-K filed April 24, 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) to furnish, as Exhibit 99.1, an RNS Announcement released on April 24, 2024 through the Regulatory News Service in London.
The announcement was made to comply with the United Kingdom Financial Conduct Authority's Disclosure Guidance and Transparency Rules. It is a block listing six monthly return covering the period from October 12, 2023 to April 11, 2024. The return reports the status of ordinary shares of Eur 0.09 each reserved under multiple employee incentive schemes.
Under the Flutter Entertainment plc Deferred Share Incentive Plan, 26,180 shares were issued or allotted during the period, leaving 58,259 unallotted. Under the Shareave Scheme, 196,331 shares were issued, leaving 465,082. Under the 2015 Long Term Incentive Plan, 36,543 shares were issued, leaving 355,570.
Under the Restricted Share Plan, 499,081 shares were issued against a balance that was increased by 290,000 shares during the period, leaving 1,120,272. The filing is administrative in nature and contains no financial results, guidance, or material corporate events. Its relevance to investors is limited to the dilution-related information it reports on share issuance under employee plans, including legacy plans inherited from Betfair Group plc, Amaya Gaming Group Inc. and The Stars Group Inc.
02—Key points
Key Highlights
- Filed under Item 7.01 (Regulation FD Disclosure), furnishing RNS Announcement dated April 24, 2024 as Exhibit 99.1
- Announcement was made to comply with UK FCA Disclosure Guidance and Transparency Rules
- Covers the block listing period from October 12, 2023 to April 11, 2024
- Restricted Share Plan issued 499,081 ordinary shares during the period, with its balance increased by 290,000 shares, leaving 1,120,272 unallotted
- Shareave Scheme issued 196,331 ordinary shares, leaving 465,082 unallotted
- 2015 Long Term Incentive Plan issued 36,543 ordinary shares, leaving 355,570 unallotted
- Deferred Share Incentive Plan issued 26,180 ordinary shares, leaving 58,259 unallotted
03—Questions
Frequently Asked Questions
What is the purpose of this 8-K filing?
The filing furnishes an RNS Announcement made on April 24, 2024 as Exhibit 99.1. The announcement is a block listing six monthly return required under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules. It reports share allotments and remaining unallotted share balances under employee incentive schemes.
Does this filing include financial results or guidance?
No. The filing addresses only share scheme balances and issuances. It contains no revenue, earnings, or guidance information.
Which employee share plans are covered by the return?
The return covers the Flutter Entertainment plc Deferred Share Incentive Plan, Shareave Scheme, 2015 Medium Term Incentive Plan, 2015 Long Term Incentive Plan and Restricted Share Plan. It also covers legacy plans from Betfair Group plc, Amaya Gaming Group Inc. and The Stars Group Inc.
What does the increase of 290,000 shares under the Restricted Share Plan indicate?
The filing states that the block scheme for the Restricted Share Plan was increased by 290,000 ordinary shares of Eur 0.09 each since the last return. This increase is reflected in the plan's remaining balance of 1,120,272 unallotted shares at the end of the period.
04—Continue