Kenneth Dart (FLUT) reports 32.7M Flutter Entertainment shares via Candle Lake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Flutter Entertainment plc disclosed that Kenneth B. Dart is a more than 10% owner through an initial Form 3 filing. The filing reports indirect beneficial ownership of 32,667,404 ordinary shares, which are directly held by Candle Lake Limited, an entity owned by Mr. Dart.
As owner of Candle Lake Limited, Mr. Dart has voting and investment power over these shares and may be deemed to beneficially own them, while each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DART KENNETH BRYAN
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 32,667,404 shares (Indirect, (1))
Footnotes (1)
FAQ
What is Kenneth B. Dart’s relationship to Flutter Entertainment (FLUT)?
Kenneth B. Dart is reported as a more than 10% owner of Flutter Entertainment plc on this Form 3. His reported ownership arises indirectly through Candle Lake Limited, which directly holds the ordinary shares disclosed in the filing.
What ownership disclaimer is included in Kenneth B. Dart’s Flutter (FLUT) Form 3?
The filing states that each reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest. This means they do not concede full beneficial ownership beyond any direct economic interest in the Candle Lake Limited holdings.