01—Abstract
Summary
Summary of the 8-K filed November 24, 2025. Cited figures are marked; the original filing is the authoritative source.
Flutter Entertainment plc filed a Form 8-K under Item 7.01 (Regulation FD Disclosure) on November 24, 2025, furnishing as Exhibit 99.1 an RNS Announcement released that day in London.
The announcement was made to comply with the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules and concerns a Standard Form TR-1 notification of major holdings submitted to the Company. The notification was filed by Parvus Asset Management Jersey Limited, which reports that the threshold was crossed on November 18, 2025. Following the transaction, Parvus holds 8,864,590 voting rights in the Company, representing 5.066561%a of voting rights attached to shares, with no voting rights through financial instruments, for a total of 5.066561%.
All of these holdings are direct voting rights in ordinary shares under ISIN IE00BWT6H894. The filing identifies Edoardo Mercadante as the ultimate controlling person, through Parvus Jersey Holdings Limited and Parvus Asset Management Jersey Limited.
The filing also states that Parvus Asset Management Jersey Limited acts as Investment Manager to a number of funds and managed accounts and holds the power to vote the physical shareholdings of those clients. The filing contains no financial results, guidance, or operational updates.
02—Key points
Key Highlights
- Form 8-K Item 7.01 (Regulation FD Disclosure) filed November 24, 2025, furnishing an RNS Announcement as Exhibit 99.1.
- The announcement is a TR-1 major holdings notification, made to comply with UK FCA Disclosure Guidance and Transparency Rules.
- Parvus Asset Management Jersey Limited reports crossing the threshold on November 18, 2025.
- Resulting position: 8,864,590 voting rights, or 5.066561% of voting rights, all held directly in ordinary shares (ISIN IE00BWT6H894).
- No voting rights through financial instruments are reported (0.000000%).
- Ultimate controlling person identified as Edoardo Mercadante, via Parvus Jersey Holdings Limited and Parvus Asset Management Jersey Limited.
- The filing contains no financial results, guidance, or operational metrics for the Company.
03—Questions
Frequently Asked Questions
What triggered this filing?
The Company received a Standard Form TR-1 notification of major holdings from Parvus Asset Management Jersey Limited, which the Company disclosed through an RNS Announcement to comply with UK FCA Disclosure Guidance and Transparency Rules.
How large is the reported stake?
The notification reports 8,864,590 voting rights, equal to 5.066561% of voting rights attached to shares, with no additional voting rights through financial instruments.
When did the threshold get crossed, and when was the Company notified?
The threshold was crossed on November 18, 2025, and the Company was notified on November 24, 2025.
Who is behind the reporting entity?
The filing identifies Edoardo Mercadante as the ultimate controlling person of Parvus Asset Management Jersey Limited, through Parvus Jersey Holdings Limited.
Does the filing indicate a change in control or company strategy?
No. The filing is a regulatory holdings notification and does not discuss strategy, control changes, or operational matters. It notes only that Parvus acts as investment manager for funds and managed accounts with voting power over their physical shareholdings.
04—Continue