Flutter confirms plans for January US listing

Paddy Power owner Flutter on Friday confirmed it was working towards a listing on the New York Stock Exchange of January 29, 2024.

The company said it wanted to keep listings in the US and London “to minimise regulatory complexities”. It will shut down its secondary listing on Euronext Dublin on January 29.

“The last day of trading of Flutter's ordinary shares on Euronext Dublin will be Tuesday, January 23 2024, with trading suspended from close of business on that day to allow for the settlement of pending trades and repositioning instructions, in advance of effectiveness of the US listing,” Flutter said in a statement.

Reporting by Frank Prenesti for Sharecast.com