- Title:
Director/PDMR Shareholding - Replacement - Time:
17:00:01 - Date:
18 May 2020 - Category:
Director/PDMR dealings - ID:
2394N
18 May 2020
Flutter Entertainment plc (the "Company")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The following announcement replaces the Director/PDMR Shareholding announcement (RNS number 3392M) released on 7 May 2020 at 5:59pm in its entirety.
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Richard Flint |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
Non-Executive Director |
|
| b) |
Initial notification /Amendment |
Amendment Notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Flutter Entertainment plc |
|
| b) |
LEI |
635400EG4YIJLJMZJ782 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")
IE00BWT6H894 |
|
| b) |
Nature of the transaction |
Issue of Flutter Shares in exchange for The Stars Group Inc. ("TSG") shares upon completion of an all-share combination between Flutter Entertainment plc and TSG implemented through an acquisition of TSG by Flutter pursuant to a plan of arrangement under the Business Corporations Act (Ontario). |
|
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| (i) Exchange of shares in TSG at exchange ratio of 0.2253 for Flutter Shares
|
12,391 |
||
| d) |
Aggregated information - Aggregated volume
- Price |
N/A
|
|
| e) |
Date of the transaction |
2020-05-05 |
|
| f) |
Place of the transaction |
Outside a trading venue |
|
| g) |
Additional information |
In addition to the above, Richard Flint held 11,550 Flutter shares before his appointment as a Director on 5 May 2020. |
|
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Divyesh ("Dave") Gadhia |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
Non-Executive Director and Deputy Chair |
|
| b) |
Initial notification /Amendment |
Amendment Notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Flutter Entertainment plc |
|
| b) |
LEI |
635400EG4YIJLJMZJ782 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")
IE00BWT6H894 |
|
| b) |
Nature of the transaction |
Upon completion of an all-share combination between Flutter Entertainment plc and The Stars Group Inc. ("TSG") implemented through an acquisition of TSG by Flutter pursuant to a plan of arrangement under the Business Corporations Act (Ontario): (i) Issue of Flutter Shares in exchange for TSG shares or vesting awards; (ii) Grant of replacement awards over Flutter Shares in exchange for vested TSG awards; and (iii) Grant of replacement options over Flutter Shares in exchange for vested TSG options.
|
|
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| (i) Exchange of shares in TSG at exchange ratio of 0.2253 for Flutter Shares
|
79,684
|
||
| (ii) Exchange of awards in TSG at exchange ratio of 0.2253 for Flutter DSU awards exercisable upon ceasing to be a Director of the Company
|
38,770 |
||
| (iii) Exchange of options in TSG at exchange ratio of 0.2253 for Flutter options - the exercise prices are 121.00 CAD & 138.93 CAD and which may be exercised between 05/05/2020 - 18/09/2022 and 05/05/2020 - 08/09/2021 |
2,702
|
||
| d) |
Aggregated information - Aggregated volume
- Price |
N/A
|
|
| e) |
Date of the transaction |
2020-05-05 |
|
| f) |
Place of the transaction |
Outside a trading venue |
|
| g) |
Additional information |
|
|
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Rafael ("Rafi") Ashkenazi |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
Non-Executive Director |
|
| b) |
Initial notification /Amendment |
Amendment Notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Flutter Entertainment plc |
|
| b) |
LEI |
635400EG4YIJLJMZJ782 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")
IE00BWT6H894 |
|
| b) |
Nature of the transaction |
Upon completion of an all-share combination between Flutter Entertainment plc and The Stars Group Inc. ("TSG") implemented through an acquisition of TSG by Flutter pursuant to a plan of arrangement under the Business Corporations Act (Ontario), the issue of Flutter Shares in exchange for TSG shares or vesting awards. |
|
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| Exchange of shares in TSG at exchange ratio of 0.2253 for Flutter Shares
|
198,663 |
||
| d) |
Aggregated information - Aggregated volume
- Price |
N/A
|
|
| e) |
Date of the transaction |
2020-05-05 |
|
| f) |
Place of the transaction |
Outside a trading venue |
|
| g) |
Additional information |
|
|
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
David Lazzarato |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
Non-Executive Director |
|
| b) |
Initial notification /Amendment |
Amendment Notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Flutter Entertainment plc |
|
| b) |
LEI |
635400EG4YIJLJMZJ782 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")
IE00BWT6H894 |
|
| b) |
Nature of the transaction |
Upon completion of an all-share combination between Flutter Entertainment plc and The Stars Group Inc. ("TSG") implemented through an acquisition of TSG by Flutter pursuant to a plan of arrangement under the Business Corporations Act (Ontario): (i) Issue of Flutter Shares in exchange for TSG shares or vesting awards; and (ii) Grant of replacement awards over Flutter Shares in exchange for vested TSG awards.
|
|
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| (i) Exchange of shares in TSG at exchange ratio of 0.2253 for Flutter Shares
|
3,916 |
||
| (ii) Exchange of awards in TSG at exchange ratio of 0.2253 for Flutter DSU awards exercisable upon ceasing to be a Director of the Company
|
8,291
|
||
| d) |
Aggregated information - Aggregated volume
- Price |
N/A
|
|
| e) |
Date of the transaction |
2020-05-05 |
|
| f) |
Place of the transaction |
Outside a trading venue |
|
| g) |
Additional information |
|
|
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Alfred F. Hurley Jr |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
Non-Executive Director |
|
| b) |
Initial notification /Amendment |
Amendment Notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Flutter Entertainment plc |
|
| b) |
LEI |
635400EG4YIJLJMZJ782 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")
IE00BWT6H894 |
|
| b) |
Nature of the transaction |
Upon completion of an all-share combination between Flutter Entertainment plc and The Stars Group Inc. ("TSG") implemented through an acquisition of TSG by Flutter pursuant to a plan of arrangement under the Business Corporations Act (Ontario): (i) Issue of Flutter Shares in exchange for TSG shares or vesting awards; and (ii) Grant of replacement awards over Flutter Shares in exchange for vested TSG awards.
|
|
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| (i) Exchange of shares in TSG at exchange ratio of 0.2253 for Flutter Shares
|
4,183 |
||
| (ii) Exchange of awards in TSG at exchange ratio of 0.2253 for Flutter DSU awards exercisable upon ceasing to be a Director of the Company
|
14,078 |
||
| d) |
Aggregated information - Aggregated volume
- Price |
N/A
|
|
| e) |
Date of the transaction |
2020-05-05 |
|
| f) |
Place of the transaction |
Outside a trading venue |
|
| g) |
Additional information |
|
|
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Mary Turner |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
Non-Executive Director |
|
| b) |
Initial notification /Amendment |
Amendment Notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Flutter Entertainment plc |
|
| b) |
LEI |
635400EG4YIJLJMZJ782 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")
IE00BWT6H894 |
|
| b) |
Nature of the transaction |
Upon completion of an all-share combination between Flutter Entertainment plc and The Stars Group Inc. ("TSG") implemented through an acquisition of TSG by Flutter pursuant to a plan of arrangement under the Business Corporations Act (Ontario): (i) Issue of Flutter Shares in exchange for TSG shares or vesting awards; and (ii) Grant of replacement awards over Flutter Shares in exchange for vested TSG awards.
|
|
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| (i) Exchange of shares in TSG at exchange ratio of 0.2253 for Flutter Shares
|
5,493 |
||
| (ii) Exchange of awards in TSG at exchange ratio of 0.2253 for Flutter DSU awards exercisable upon ceasing to be a Director of the Company
|
7,096 |
||
| d) |
Aggregated information - Aggregated volume
- Price |
N/A
|
|
| e) |
Date of the transaction |
2020-05-05 |
|
| f) |
Place of the transaction |
Outside a trading venue |
|
| g) |
Additional information |
|
|
Director/PDMR Shareholding - Replacement17:00:0118 May 2020Director/PDMR dealings2394N