Flutter Entertainment Regulatory News (FLTR)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jonathan Hill

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Paddy Power Betfair plc

b)

LEI

635400EG4YIJLJMZJ782

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Paddy Power Betfair plc ordinary shares of EUR0.09 each

IE00BWT6H894

b)

Nature of the transaction

Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Long Term Incentive Plan ("LTIP"); and

Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Restricted Share Plan ("RSP")

c)

Price(s) and volume(s)

Price(s)

Volume(s)

€0

14,181 (LTIP)

€0

1,993 (RSP)

d)

Aggregated information

- Aggregated volume

- Price

16,174 shares

€0

e)

Date of the transaction

2018-10-22

f)

Place of the transaction

Outside a trading venue

g)

Additional Information

LTIP

This award will vest on the third anniversary of the date of the grant thereof (22 October 2021), subject to meeting the performance conditions and continued employment.

Vested LTIP awards then normally remain exercisable until 7 years from grant.

RSP

This award will vest in two equal tranches on 22 October 2019 and 22 October 2020, subject to continued employment and shall remain exercisable until 7 years from grant.