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RNS Number : 9632E

Flutter Entertainment PLC

12 July 2021

12 July 2021

Flutter Entertainment plc ("Flutter")

Sale of Oddschecker

Flutter announces that it has agreed to sell Oddschecker Global Media ("OGM") to Bruin Capital in a transaction that values OGM at up to GBP155 million. Under the terms of the transaction, Flutter will receive GBP135 million in cash upon completion, with a further deferred contingent consideration of up to GBP20 million.

OGM is a leading sports betting and gaming affiliate business. The transaction is expected to close in the third quarter of 2021.

Contacts:

 
 Investor Relations: 
 David Jennings, Group Director of Investor 
  Relations & FP&A                             + 353 87 951 3560 
 Ciara O'Mullane, Investor Relations           + 353 87 947 7862 
 Liam Kealy, Investor Relations                + 353 87 665 2014 
 Press: 
 Fi Thorne, Corporate Affairs                  + 44 75 2111 4787 
  Lindsay Dunford, Corporate Affairs            + 44 79 3197 2959 
 Billy Murphy, Drury Communications            + 353 1 260 5000 
 James Murgatroyd, Finsbury                    + 44 20 7251 3801 
 

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July 12, 2021 12:00 ET (16:00 GMT)

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