REG - Entain PLC - TR1: Notification of Major Holdings

EntainAnnouncement

14/02/2025 11:00

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RNS Number : 2076X  Entain PLC  14 February 2025

 

TR-1: Standard form for notification of major holdings

 

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 FCA in Microsoft Word format if possible)i

 1a. Identity of the issuer or the underlying issuer of existing shares to
 which voting rights are at- tachedii:

                                                                                                                                           Entain PLC
 1b. Please indicate if the issuer is a non-UK issuer(please mark with an "X"
 if appropriate)
 Non-UK issuer                                                                                                                                                                                                                  X
 2. Reason for the notification(please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                    X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify)iii:
 3. Details of person subject to the notification obligationiv
 Name                                                                                                                                      Corvex Management LP
 City and country of registered office (if applicable)                                                                                     New York, USA
 4. Full name of shareholder(s)(if different from 3.)v
 Name
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reachedvi:                                                                                  11 February 2025
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                            13 February 2025
 7. Total positions of person(s) subject to the notification obligation
                                                    % of voting rights at- tached to shares (to- tal of 8. A)  % of voting rights through financial instru- ments      Total of both in % (8.A + 8.B)  Total number of voting rights of is- suervii

                                                                                                               (total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which

 threshold was crossed or reached                   2.9366%                                                    2.3883%                                                 5.3249%                         34,042,774
 Position of previous notification (if applicable)

                                                    N/A                                                        N/A                                                     N/A

 

1

 

 

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reachedviii
 A: Voting rights attached to shares
 Class/type of shares                            Number of voting rightsix                                                                                    % of voting rights

 ISIN code (if possible)
                                                 Direct                                          Indirect                                                     Direct                                           Indirect

                                                 (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                 (Art 9 of Directive 2004/109/EC) (DTR5.1)        (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
 Ordinary Shares ISIN:

 IM00B5VQMV65                                    Nil                                             18,774,142                                                   Nil                                              2.9366%

 SUBTOTAL 8. A                                   18,774,142                                                                                                   2.9366%

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
 (DTR5.3.1.1 (a))
                                                                                                                                      Number of voting rights that may be acquired if the instrument is

                                                            exercised/converted.

 Type of financial in- strument                  Expiration datex        Exercise/ Conversion Periodxi                                                                                                         % of voting rights

                                                                         SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to Art.
 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
 Type of financial instrument  Expiration datex                          Exercise/ Conversion Pe- riod xi           Physical or cash settlementxii                                    Number of voting rights

                                                                                                                                                                                                               % of voting rights
 CFD                                                                                                                Cash                                                              15,268,632               2.3883%

                                                                                                                    SUBTOTAL 8.B.2                                                    15,268,632               2.3883%

 

 

 

 

 

 

 Person subject to the notification obligation is not controlled by any natural
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuerxiii
 Full chain of controlled undertakings through which the voting rights and/or
 the

                                                                                                                                                                                                                          X
 financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entityxiv

 (please add additional rows as necessary)
                             % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial in- struments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold

                                                                                                       than the

                                                                                                       notifiable threshold
 Namexv
 Corvex Management LP

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 11. Additional informationxvi
 Corvex Management LP ("Corvex Management") is a US Securities and Exchange
 Commission regis- tered investment adviser that serves as investment adviser
 to private investment funds.

 Corvex Management, pursuant to investment adviser agreements, has voting and
 investment power over investments held by funds advised by Corvex Management.

 Corvex Management does not directly own the positions subject to this
 notification obligation, which are held by funds advised by Corvex Management,
 but as noted above, does have voting and investment power over such positions.

 No individual fund holds interests in securities totalling more than 5% of the
 voting rights in the Issuer.

 

 Place of completion  New York, USA
 Date of completion   13 February 2025

 

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