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NEUTRAL

Flutter Entertainment Announces Director/PDMR Shareholding

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types, such as contract news, order news, trading update, financing, funding, annual results, asset sale/disposal, flow testing, licence news, or delisting. Therefore, the sentiment is assessed as neutral.

Key Points

  • Vesting of restricted share units for several non-executive directors
  • Sale of shares to cover taxes related to the vesting

Summary

The major gambling company has announced changes to its board's shareholdings.

Flutter Entertainment plc has announced changes to the shareholdings of its directors and persons discharging managerial responsibilities (PDMRs). The announcement details the vesting of restricted share units and subsequent sale of shares to cover taxes for several non-executive directors.

DIRECTOR DEALINGS