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Flutter Entertainmnt (FLTR)

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Wednesday 18 November, 2020

Flutter Entertainmnt

2020 AGM Update Statement

RNS Number : 7496F
Flutter Entertainment PLC
18 November 2020
 

 

18 November 2020

Flutter Entertainment plc ("Flutter")

2020 AGM Update Statement

 

At the Company's Annual General Meeting ("AGM") held on 14 May 2020, Resolution 9 (authority to allot shares) was passed with the necessary majority. However, 26.26% of votes received were against. This resolution is considered routine practice for UK listed companies and is within the Investment Association's Share Capital Management Guidelines. The Board is aware, however, that certain overseas institutional investors have a policy of not supporting this authority for Directors to issue shares. Since the AGM, the Company has further engaged with shareholders on this resolution and still considers the flexibility afforded by this authority to be in the best interests of the Company and shareholders.

 

The Company will continue to engage with shareholders and will provide a final update in the 2020 Annual Report.

 

 

Enquiries:

Edward Traynor

Company Secretary

+35317790022

 

 

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