Flutter Entertainment PLC Results of Extraordinary General Meeting (0272K)
December 29 2020 - 7:00AM
UK Regulatory
TIDMFLTR
RNS Number : 0272K
Flutter Entertainment PLC
29 December 2020
29 December 2020
Flutter Entertainment plc (the "Company")
Results of Extraordinary General Meeting
The Company announces that the resolution proposed at its
Extraordinary General Meeting held today, Tuesday 29 December 2020,
was approved. The Extraordinary General Meeting was in connection
with the proposed accelerated acquisition of approximately 37.2% of
the issued and outstanding units of FanDuel Group Parent LLC from
Fastball Holdings LLC (the "Transaction").
The resolution as set out in the Notice of Extraordinary General
Meeting (the "Resolution") was duly passed on a poll. The number of
votes for and against the Resolution and the number of votes
withheld were as follows:
Resolution Votes For(1) Votes Against Total Votes Votes Withheld(2)
No. of shares % No. of shares % No. of shares No. of shares
-------------- ------- -------------- ----- -------------- ------------------
To approve the Transaction 119,522,524 99.99 118 0.01 119,616,243 93,601
-------------- ------- -------------- ----- -------------- ------------------
NOTES:
(1) Votes "For" and "Against" are expressed as a percentage of
votes received. The "For" votes include those giving the Chairman
discretion.
(2) A vote "Withheld" is not a vote in law and is not counted in
the calculation of the votes "For" or "Against" the Resolution.
(3) The total number of ordinary shares in issue, excluding
Treasury Shares, on Tuesday, 29 December 2020 is 163,315,135.
(4) The total number of votes cast (i.e. For, Against and
Withheld) was 119,616,243 ordinary shares representing a 73.24%
turnout.
The full text of the Resolution can be found in the Notice of
Extraordinary General Meeting, which was included in the circular
sent to shareholders on 10 December 2020 (the "Circular"). This is
available for inspection at the UK's National Storage Mechanism
https://data.fca.org.uk/#/nsm/nationalstoragemechanism , at
Euronext Dublin's Company Announcements Office, Euronext Dublin, 28
Anglesea Street, Dublin 2, Ireland, and on the Company's website at
www.flutter.com/investors/shareholder-centre/agm
Closing of the Transaction is expected to occur tomorrow,
Wednesday 30 December 2020. At this time, 11,747,205 new Ordinary
Shares will be issued to Fastball credited as fully paid.
Applications have been made for the admission of the 11,747,205 new
Ordinary Shares to (a) the premium listing segment of the Official
List of the Financial Conduct Authority of the United Kingdom (the
"FCA") and to trading on the London Stock Exchange plc's (the
"London Stock Exchange") main market for listed securities and (b)
to a secondary listing on the Official List of The Irish Stock
Exchange plc, trading as Euronext Dublin ("Euronext Dublin") and to
trading on the Euronext Dublin Market operated by Euronext Dublin
(together, "Admission").
Following Admission, the total number of shares in issue in the
Company will be 177,027,940 (including 1,965,600 treasury shares).
Therefore, following Admission, the total number of voting shares
in Flutter in issue will be 175,062,340. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in the Company under the Transparency
(Directive 2004/109/EC) Regulations 2007 of Ireland and the Irish
Transparency Rules.
Unless otherwise defined, all capitalised terms in this
Announcement have the same meaning as those contained in the
Circular. All references in this Announcement to times are to times
in Dublin (unless otherwise stated).
Edward Traynor
Company Secretary
Flutter Entertainment plc
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