SCHEDULE: Flutter Entertainment Stake Increased by Parvus Asset Management

Parvus Asset Management Jersey Limited and Edoardo Mercadante report a beneficial ownership of 6.7% in Flutter Entertainment plc, holding 11,615,148 ordinary shares.

Summary

• Parvus Asset Management Jersey Limited, acting as an investment advisor to certain funds, and Edoardo Mercadante, a director and control person of Parvus, have collectively reported beneficial ownership of 11,615,148 ordinary shares of Flutter Entertainment plc.
• This holding represents 6.7% of the company's outstanding ordinary shares.
• The filing is an amendment (Amendment No. 1) to a Schedule 13G, indicating a change in ownership or reporting status.
• The total number of ordinary shares outstanding as of March 31, 2026, was reported as 174,400,428.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive signal, as an increased stake by a professional asset manager suggests confidence in the company's future performance and strategic direction.

Positives

• Parvus Asset Management has increased its stake in Flutter Entertainment, signaling confidence in the company's prospects.
• The 6.7% ownership stake indicates a significant investment by a professional asset management firm.

Future Outlook

This filing does not contain specific forward-looking statements or guidance from the company. It is a disclosure of beneficial ownership.

Industry Context

StockSavvy.ai notes that increased stakes by institutional investors like Parvus Asset Management in major gaming and betting operators such as Flutter Entertainment often reflect a positive outlook on the sector's growth potential, particularly in regulated markets.

Stakeholder Impact

• Shareholders may view the increased stake by Parvus Asset Management as a positive endorsement, potentially influencing share price.
• The filing confirms a significant institutional investor's interest, which can be reassuring for other stakeholders.

Next Steps

• Continued monitoring of Parvus Asset Management's holdings and any further filings related to Flutter Entertainment plc.

Key Dates

Recommendation

The filing indicates a significant stake by an institutional investor, suggesting confidence. However, without further company-specific financial performance data or strategic updates, a 'hold' recommendation is prudent, allowing for further analysis of Flutter Entertainment's operational results and market position.

Keywords

Flutter Entertainment, Parvus Asset Management, Schedule 13G, beneficial ownership, ordinary shares, investment advisor, regulatory filing