01—Abstract
Summary
Summary of the 8-K filed October 30, 2024. Cited figures are marked; the original filing is the authoritative source.
Flutter Entertainment plc furnished this Form 8-K under Item 7.01 (Regulation FD Disclosure) to report that on October 30, 2024 it released, via the Regulatory News Service in London, a block listing six monthly return announcement.
The announcement was made to comply with the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules and is furnished as Exhibit 99.1. The filing itself contains no financial results, guidance, or transactions beyond share-scheme administration. The return covers the period from 12/04/2024 to 11/10/2024 and reports movements in unallotted ordinary shares (nominal value Eur 0.09 each) under multiple employee share schemes.
Under the Flutter Entertainment plc Deferred Share Incentive Plan, the balance not yet issued at period end is 100,346 shares, after 7,913 shares were issued and an increase of 50,000 shares to the block scheme. Under the Restricted Share Plan, 397,404 shares were issued and the period-end balance is 992,868 shares, after a 270,000-share increase.
The return also notes that the Betfair Group plc 2009 Long Term Incentive Plan, the Betfair Group plc Deferred Share Incentive Plan, and the Amaya Gaming Group Inc. Stock Option Plan have closed, with their block listings cancelled and these as final returns. For investors, the filing is administrative in nature and carries limited direct financial significance.
02—Key points
Key Highlights
- Filed under Item 7.01 (Regulation FD Disclosure); the substantive content is a UK RNS announcement furnished as Exhibit 99.1.
- The announcement was made to comply with UK FCA Disclosure Guidance and Transparency Rules.
- Flutter Entertainment Plc Restricted Share Plan issued 397,404 ordinary shares, leaving 992,868 unallotted under the block listing at period end.
- Flutter Entertainment Plc Shareave Scheme issued 50,172 ordinary shares, leaving 414,910 unallotted.
- Flutter Entertainment Plc Deferred Share Incentive Plan issued 7,913 ordinary shares, leaving 100,346 unallotted after a 50,000-share increase.
- Three legacy plans (Betfair Group plc 2009 LTIP, Betfair Group plc Deferred Share Incentive Plan, and Amaya Gaming Group Inc. Stock Option Plan) have closed and their block listings were cancelled.
- The filing contains no financial results, guidance, or material transactions.
03—Questions
Frequently Asked Questions
What is the purpose of this Form 8-K filing?
The company furnished the filing under Item 7.01 (Regulation FD Disclosure) to provide Exhibit 99.1, a Regulatory News Service announcement dated October 30, 2024, regarding a block listing six monthly return for its ordinary shares. The announcement was made to satisfy UK Financial Conduct Authority disclosure requirements.
Does this filing report any financial results or guidance?
No. The filing contains only share-scheme administrative information covering the period from 12/04/2024 to 11/10/2024 and does not include financial results, guidance, or other financial performance data.
What does the block listing return show?
It reports the balance of unallotted ordinary shares (Eur 0.09 nominal value each) under several employee incentive schemes at the start and end of the period, including shares issued and any increases to the block schemes. The largest period-end balance shown is 992,868 shares under the Restricted Share Plan.
Why were some block listings cancelled?
The filing states that all options under the Betfair Group plc 2009 Long Term Incentive Plan, the Betfair Group plc Deferred Share Incentive Plan, and the Amaya Gaming Group Inc. Stock Option Plan have been exercised or have lapsed, so those plans have closed. Their block listings were cancelled and these returns are final.
Are the share issuances material to investors?
The filing reports modest issuances under employee schemes, such as 397,404 shares under the Restricted Share Plan and 50,172 under the Sharesave Scheme. It does not state their dilutive effect or any related financial impact.
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