REG - Flutter Ent. PLC - Holding(s) in Company

Royal Bank of CanadaAnnouncement

14/06/2019 12:45

RNS Number : 3444C
Flutter Entertainment PLC
14 June 2019
 


Standard Form TR-1
Standard form for notification of major holdings



NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i










1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
Flutter Entertainment plc




2. Reason for the notification (please tick the appropriate box or boxes):
[ X ] An acquisition or disposal of voting rights
[ ] 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:
Marathon Asset Management LLP


City and country of registered office (if applicable):
London, UK




4. Full name of shareholder(s) (if different from 3.)v:
See attached breakdown




5. Date on which the threshold was crossed or reachedvi:
13th June 2019




6. Date on which issuer notified:
14th June 2019




7. Threshold(s) that is/are crossed or reached:
3%




8. Total positions of person(s) subject to the notification obligation:








% of voting rights attached to shares (total of 9.A)


% of voting rights through financial instruments

(total of 9.B.1 + 9.B.2)


Total of both in % (9.A + 9.B)


Total number of voting rights of issuervii




Resulting situation on the date on which threshold was crossed or reached


3.08


0


3.08


78,169,863




Position of previous notification (if applicable)


2.99


0


2.99







 



9. 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
ISIN code (if possible)


Number of voting rightsix


% of voting rights




 
Direct
 


 
Indirect
 


 
Direct
 


 
Indirect
 




Ordinary Shares IE00BWT6H894






2,411,233






3.08




SUBTOTAL A






2,411,233






3.08










B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 




Type of financial instrument


Expiration

datex


Exercise/

Conversion Periodxi


Number of voting rights that may be acquired if the instrument is exercised/converted.


% of voting rights




None




























SUBTOTAL B.1


















B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations




Type of financial instrument


Expiration

datex


Exercise/

Conversion Period xi


Physical or cash settlementxii


Number of voting rights


% of voting rights




None




































SUBTOTAL B.2























 



10. Information in relation to the person subject to the notification obligation (please tick the applicable box):
 
[ ] 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) issuer.xiii
 
[X] Full chain of controlled undertakings through which the voting rights and/or the

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




Namexv


% of voting rights if it equals or is higher than the notifiable threshold


% of voting rights through financial instruments if it equals or is higher than the notifiable threshold


Total of both if it equals or is higher than the notifiable threshold




William Arah
















Jeremy Hosking
















Neil Ostrer
















Marathon Asset Management LLP


3.08


0


3.08










11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
 










12. Additional informationxvi:
Breakdown of Holdings:
 



Custodian


Nominal




State Street Bank & Trust Company


1,274,033




Bank of America Merrill Lynch


129,120




Bank of New York Mellon


549,532




BNP Paribas


2,121




Brown Brothers Harriman


1,713




JP Morgan Chase


75,988




Northern Trust


1,248,209




Royal Bank of Canada


2,186




Total


3,282,902



 
The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP.  The provided breakdown of holdings refer to the total number of shares in Flutter Entertainment PLc controlled by Marathon Asset Management LLP but the firm only has authority to vote in connection with 2,411,233 shares.



 
Done at London on 14th June 2019.




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