01—Abstract
Summary
Summary of the 8-K filed December 19, 2024. Cited figures are marked; the original filing is the authoritative source.
Flutter Entertainment plc filed a Form 8-K on December 19, 2024 under Item 7.01 (Regulation FD Disclosure).
The filing furnishes as Exhibit 99.1 a Regulatory News Service announcement, released the same day in London, notifying transactions in Company securities by persons discharging managerial responsibilities (PDMRs). The announcement was made to comply with the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The notified transactions are the grant of options under the Flutter Entertainment plc Sharesave Scheme, a UK HMRC-approved Save As You Earn plan.
Chief Executive Officer Peter Jackson and Chief Financial Officer Robert Coldrake each received options over 105 ordinary shares at £174.64 per share. The grants occurred on December 18, 2024, outside a trading venue, and the options are exercisable from February 1, 2028 to July 31, 2028.
The filing is an initial notification of routine, plan-based equity compensation for two senior executives. It discloses no open-market purchases or sales and no change to the Company's financial results or outlook.
02—Key points
Key Highlights
- The 8-K was filed under Item 7.01 (Regulation FD Disclosure) and furnishes a Regulatory News Service announcement dated December 19, 2024 as Exhibit 99.1.
- The announcement is a PDMR notification made to comply with UK Financial Conduct Authority Disclosure Guidance and Transparency Rules.
- Chief Executive Officer Peter Jackson was granted options over 105 ordinary shares under the Sharesave Scheme on December 18, 2024.
- Chief Financial Officer Robert Coldrake received an identical grant of options over 105 ordinary shares on the same date.
- The option exercise price is £174.64 per share, and the grants were made outside a trading venue.
- The options are exercisable from February 1, 2028 to July 31, 2028.
- The filing reports only plan-based option grants, not open-market purchases or sales of shares by insiders.
03—Questions
Frequently Asked Questions
What transactions were reported in this filing?
The filing reports the grant of options under the Flutter Entertainment plc Sharesave Scheme, a UK HMRC-approved Save As You Earn plan, to two PDMRs: CEO Peter Jackson and CFO Robert Coldrake. Each received options over 105 ordinary shares.
At what price were the options granted, and when can they be exercised?
The options carry an exercise price of £174.64 per share. They are exercisable from February 1, 2028 to July 31, 2028.
Did the executives buy or sell shares on the open market?
No. The filing reports only option grants under the Sharesave Scheme, made on December 18, 2024 outside a trading venue. It does not report any open-market purchases or sales.
Why did Flutter file this announcement?
The announcement was released to comply with the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules, which require public notification of transactions by persons discharging managerial responsibilities.
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