Flutter Entertainment Raises GBP1.1 Billion Via Share Placing
04 December 2020 - 6:56PM
Dow Jones News
By Matteo Castia
Flutter Entertainment PLC said Friday that it has placed eight
million new ordinary shares at a discounted price of 140.00 pounds
($188.30), or 155.44 euro ($188.84) for those who chose to settle
in euro, to raise the GBP1.1 billion it was targeting.
The Dublin-based sports-betting and gambling group said the
placing shares represent 5.2% of the company issued shares prior to
the placing.
Shares were issued at a 2.1% discount to the closing price on
Thursday.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
December 04, 2020 02:41 ET (07:41 GMT)
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