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Director/PDMR Shareholding

12th Mar 2025 16:00

RNS Number : 4240A
Flutter Entertainment PLC
12 March 2025
 

12 March 2025

Flutter Entertainment plc (the "Company")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Peter Jackson

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Flutter Entertainment plc

b)

LEI

635400EG4YIJLJMZJ782

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")

 

IE00BWT6H894

b)

Nature of the transaction

Grant of 11,205 restricted share units ("RSUs") and 33,615 performance share units ("PSUs") under the Flutter Entertainment plc 2024 Omnibus Equity Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

£0.00

11,205 Ordinary Shares

 

33,615 Ordinary Shares

d)

Aggregated information

- Aggregated volume

- Price

 

44,820 Ordinary shares of EUR0.09 each at £0.00 each

 

 

e)

Date of the transaction

10 March 2025

 

f)

Place of the transaction

Outside a trading venue

 

 

g)

Additional information

 

The RSUs have a grant date fair value equal to 200% of Total Salary and the PSUs have a grant date fair value equal to 600% of Total Salary at target and 1,200% of Total Salary at maximum. The RSUs will vest in three equal instalments over three and a half years from the date of grant as follows:

1 September 2026 (3,735 shares)

1 September 2027 (3,735 shares)

1 September 2028 (3,735 shares)

The PSUs will cliff vest on 1 September 2028, being three years from the date of grant, subject to the achievement of certain performance targets.

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Rob Coldrake

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Flutter Entertainment plc

b)

LEI

635400EG4YIJLJMZJ782

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Flutter Entertainment plc ordinary shares of EUR0.09 each ("Flutter Shares")

 

IE00BWT6H894

b)

Nature of the transaction

Grant of 4,513 restricted share units ("RSUs") and 5,416 performance share units ("PSUs") under the Flutter Entertainment plc 2024 Omnibus Equity Incentive Plan  

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

4,513

5,416

d)

Aggregated information

- Aggregated volume

- Price

 

9,929 Ordinary Shares of EUR0.09 each at £0.00 each

 

e)

Date of the transaction

10 March 2025

f)

Place of the transaction

iv) Outside a trading venue

g)

Additional information

 

The RSUs have a grant date fair value equal to 125% of Total Salary and the PSUs have a grant date fair value equal to 150% of Total Salary at target and 300% of Total Salary at maximum. The RSUs will vest in three equal instalments over three and a half years from the date of grant as follows:

1 September 2026 (1,504 shares)

1 September 2027 (1,504 shares)

1 September 2028 (1,505 shares)

The PSUs will cliff vest on 1 September 2028, being three years from the date of grant, subject to the achievement of certain performance targets.

 

 

 

 

 

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END
 
 
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