Flutter Entertainment PLC Reminder to Stars holders to claim Flutter Shares (4876U)
March 28 2023 - 8:30AM
UK Regulatory
TIDMFLTR
RNS Number : 4876U
Flutter Entertainment PLC
28 March 2023
Final Reminder that Former Shareholders of Stars have until May
4, 2023, to claim their Flutter Shares
Unclaimed Flutter Shares will be lost
March 28 2023
Flutter Entertainment plc ("Flutter") is providing a final
reminder to former shareholders of The Stars Group Inc. ("Stars")
to claim any ordinary shares of Flutter ("Flutter Shares") to which
they are entitled and have not yet claimed by the deadline of May
4(th) , 2023. Following completion of the combination of Stars and
Flutter (the "Combination"), which became effective on May 5, 2020
(the "Effective Date"), former shareholders of Stars are entitled
to 0.2253 of a Flutter Share for each Stars common share ("Stars
Shares") held by the shareholder on the Effective Date.
In order to receive Flutter Shares, a completed Letter of
Transmittal, together with a certificate representing the Stars
Shares held by such shareholder (if any) and all other required
documents, must be delivered to Computershare Investor Services
Inc. (contact details below), the depositary in connection with the
Combination, which holds unclaimed Flutter Shares in trust for
former Stars shareholders.
FORMER STARS SHAREHOLDERS WHO DO NOT EXCHANGE THEIR STARS SHARES
BY MAY 4, 2023 (being the date that is three years less one day
from the Effective Date) WILL LOSE THEIR RIGHT TO RECEIVE THE
CONSIDERATION IN EXCHANGE FOR SUCH SHAREHOLDER'S STARS SHARES AND
(I) WILL BE DEEMED TO HAVE SURRENDERED TO FLUTTER ANY FLUTTER
SHARES, TOGETHER WITH ALL ENTITLEMENTS TO DIVIDENDS, DISTRIBUTIONS
AND INTEREST THEREON, HELD BY THE DEPOSITARY IN TRUST FOR SUCH
FORMER SHAREHOLDER AND (II) ANY STARS SHARES FORMERLY HELD BY SUCH
FORMER STARS SHAREHOLDER WILL CEASE TO REPRESENT A CLAIM OR
INTEREST OF ANY NATURE.
Former non-registered (beneficial) holders of Stars Shares are
advised to urgently engage with their broker, investment dealer or
other intermediary to ensure that such intermediaries promptly
submit Letters of Transmittal to claim the Flutter Shares to which
the former non-registered (beneficial) holders of Stars Shares are
entitled.
All Flutter Shares claimed will be issued in "certificated" form
by default. Former shareholders of Stars who wish to hold their
Flutter Shares in "uncertificated" form will need to take steps to
convert the certificated Flutter Shares issued to them into
uncertificated form. Only Flutter Shares which are held in
uncertificated form can be traded electronically on the London
Stock Exchange and Euronext Dublin under the ticker "FLTR" with
ISIN IE00BWT6H894.
A copy of the Letter of Transmittal and a "Settlement FAQ"
containing further information on holding Flutter Shares in
uncertificated form, as well as the process for converting
certificated shares into uncertificated shares, can be found on
Flutter's website at
https://www.flutter.com/investors/corporate-transactions/ and then
select "Stars Group Merger".
Former shareholders of Stars with questions on the settlement
process may contact Flutter's Information Agent, Laurel Hill
Advisory Group, at 1-877-452-7184 toll-free in North America, or
outside North America at +1 416 304-0211, or by e-mail at
assistance@laurelhill.com .
For queries relating to the submission of Letters of
Transmittal, former shareholders of Stars may also contact
Computershare Investor Services Inc. at 1-800-564-6253 (within
North America); 514-982-7555 (International), or by e-mail at
corporateactions@computershare.com .
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END
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