Flutter Entertainment has concluded its trading activities on Euronext Dublin in anticipation of its imminent debut on the New York Stock Exchange next week.
The gambling giant has confirmed that trading of its shares on the Irish stock exchange came to a halt on January 23rd, and the official delisting is scheduled for January 29th, coinciding with Flutter’s anticipated listing on the NYSE in the United States.
Notably, Flutter’s ordinary shares will continue to be eligible for trading on the main market of the London Stock Exchange (LSE), and the US listing is not expected to impact operations in London. The group that owns brands like PokerStars, FanDuel, PaddyPower, Sportsbet and Betfair, among others, is currently listed on the LSE under the FLTR ticker symbol, and its NYSE ticker has already been confirmed as FLUT.
Pending approval of its Form 20-F Registration Statement by the US Securities and Exchange Commission, ordinary shares are set to launch on the NYSE, with the firm aiming to complete this process before the market opens on January 29th.
The decision to pursue a US listing was initially proposed in February 2023, aligning with Flutter’s broader plans for growth in the US market. Shareholders endorsed the dual listing during Flutter’s annual general meeting in April, and the company has worked towards this milestone ever since.
