12 July 2021
Flutter Entertainment plc ("Flutter")
Sale of Oddschecker
Flutter announces that it has agreed to sell Oddschecker Global Media ("OGM") to Bruin Capital in a transaction that values OGM at up to £155 million. Under the terms of the transaction, Flutter will receive £135 million in cash upon completion, with a further deferred contingent consideration of up to £20 million.
OGM is a leading sports betting and gaming affiliate business. The transaction is expected to close in the third quarter of 2021.
Contacts:
| Investor Relations: | |
| David Jennings, Group Director of Investor Relations & FP&A | + 353 87 951 3560 |
| Ciara O'Mullane, Investor Relations | + 353 87 947 7862 |
| Liam Kealy, Investor Relations | + 353 87 665 2014 |
| Press: | |
| Fi Thorne, Corporate Affairs Lindsay Dunford, Corporate Affairs | + 44 75 2111 4787 + 44 79 3197 2959 |
| Billy Murphy, Drury Communications | + 353 1 260 5000 |
| James Murgatroyd, Finsbury | + 44 20 7251 3801 |
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