New York, United States, May 31,
2024
Flutter's primary listing now on the New York Stock
Exchange
Flutter Entertainment plc ("Flutter"
or the "Company") (NYSE: FLUT; LSE:FLTR) announced today that its
primary listing is now on the New York Stock Exchange ("NYSE").
This follows the transfer of the Company's listing category on the
Official List of the Financial Conduct Authority from "Premium
Listing (commercial company)" to "Standard Listing (shares)" as of
08.00 a.m. BST / 03.00 a.m. ET today. The Company's shares remain
eligible for and continue to trade on the Main Market of the London
Stock Exchange ("LSE") on the Standard Listing
segment.
Today's announcement follows the
passing of the relevant resolution by shareholders at the Company's
Annual General Meeting held on May 1, 2024.
Peter Jackson, CEO of Flutter Entertainment,
said:
"Today marks an important milestone in the evolution of
Flutter with the commencement of our primary listing on
the New York Stock Exchange. This closely follows the recent move
of our operational headquarters to New York, with both reflecting
the increasing importance of the US sports betting and
iGaming market to our business. We have a fantastic position in the
US, with FanDuel the clear number one operator, and we look forward
to this next step on our journey."
Listing changes
As previously announced, since
February 2023, management has engaged widely with U.S. investors,
existing and potential, along with existing shareholders globally.
The feedback received has been very supportive of moving Flutter's
primary listing to the United States. The first step in this
process was achieved on January 29, 2024, with the additional
listing of Flutter's ordinary shares on the NYSE. On May 1, 2024,
shareholders passed the special resolution to transfer Flutter's
listing category from a Premium Listing to a Standard Listing on
the LSE, which has taken effect today. Hereafter, Flutter's primary
listing will be on the NYSE.
About Flutter Entertainment plc
Flutter is the world's leading
online sports betting and iGaming operator, with leading positions
in markets across the world, including the US. Our ambition is to
leverage our significant scale and our challenger mindset to change
our industry for the better. By Changing the Game, we believe
we can deliver long-term growth while promoting a positive,
sustainable future for all our stakeholders. We are well-placed to
do so through the distinctive, global competitive advantages of the
Flutter Edge, which gives our brands access to group-wide benefits
to stay ahead of the competition, as well as our clear vision for
sustainability through our Positive Impact Plan.
Flutter operates a diverse portfolio
of leading online sports betting and iGaming brands including
FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy
Power, Sisal, Tombola, Betfair, MaxBet, Junglee Games and
Adjarabet. We are the industry leader with $11,790 million of
revenue globally for fiscal 2023, up 25% YoY, and $3,397 million of
revenue globally for the quarter ended March 31, 2024.
Forward-looking statements
This press release may include
forward-looking statements. These forward looking statements can be
identified by the use of forward looking terminology, including the
terms "outlook," "believe(s),"expect(s)," "potential,"
"continue(s)," "may," "will," "should," "could," "would,"
"seek(s)," "predict(s)," "intend(s)," "trends," "plan(s),"
"estimate(s)," "anticipates," "projection," "goal," "target,"
"aspire," "will likely result" and other words and terms of similar
meaning or the negative versions of such words or other comparable
words of a future or forward-looking nature. These forward-looking
statements include all matters that are not historical facts and
include statements regarding Flutter's or its affiliates'
intentions, beliefs or current expectations concerning, among other
things, Flutter's or its affiliates' results of operations,
financial condition, liquidity, prospects, growth, strategies and
the industries in which they operate. By their nature,
forward-looking statements involve risks and uncertainties because
they relate to events and depend on circumstances that may or may
not occur in the future. Readers are cautioned that forward-looking
statements are not guarantees of future performance and that
Flutter's or its affiliates' actual results of operations,
financial condition and liquidity, and the development of the
industries in which they operate may differ materially from those
made in or suggested by the forward-looking statements contained in
this press release. In addition, even if Flutter's or its
affiliates' results of operations, financial condition and
liquidity, and the development of the industries in which they
operate are consistent with the forward-looking statements
contained in this press release, those results or developments may
not be indicative of results or developments in subsequent
periods.
Enquiries
Company
Secretary: Cosec@flutter.com
Investor
Relations: Investor.relations@flutter.com
Media Relations:
corporatecomms@flutter.com