Flutter shareholders to vote on adding U.S. listing next month

Sunday, March 26, 2023 2:24 PM
Photo: Shutterstock
  • Caoimhe Gordon, The Irish Independent

A formal resolution on Flutter’s proposed additional US listing will be put to shareholders at the group’s AGM next month following “very strong support” from shareholders.

In February, the global betting group said it would begin to consult shareholders on the possibility of an additional stock market listing in the United States. Currently, shares of the group are traded in both London and Dublin.

In an announcement [Friday], Flutter said that consultation with shareholders representing “a significant majority of Flutter’s issued share capital” had been positive, with a vote on the potential listing now set for April 27.

This resolution requires the approval of 75pc of the votes from shareholders at the AGM.