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On 3 November 2021, Flutter Entertainment plc announced that the Irish High Court confirmed its approval of a reorganisation of the company's capital. This involves a reduction of GBP 10 billion from Flutter's share premium account and its transfer to the distributable reserves account. The Capital Reduction will become effective upon registration of the High Court order and minute with the Companies Registration Office.
| Date | 3 Nov 2021 |
| Time | 17:00:01 |
| Category | Capital structure |
| ID | 2362R |
Flutter Entertainment plc
("Flutter")
Confirmation of Capital Reduction
3 November 2021
The Board is pleased to announce that the Irish High Court has today confirmed its approval of a reorganisation of Flutter's company capital by the reduction of GBP 10 billion standing to the credit of Flutter's share premium account, and the transfer of such sum to Flutter's distributable reserves account (the "Capital Reduction").
The Capital Reduction will become effective when the High Court order and minute are registered with the Companies Registration Office.
Enquiries:
Edward Traynor
Company Secretary
+353872232455