Phantom Sharesave is now closed for 2024
We're no longer accepting applications for this year's Phantom Sharesave.
You'll be invited to join in 2025 should Phantom Sharesave be offered again.

Share in our success

Imagine being part of something bigger, where your efforts not only drive our journey forward but also bring rewards directly to you.

At Flutter, we're committed to building an inclusive workplace where you feel valued and recognised. That's why we're excited to offer our Phantom Sharesave – a simple and sustainable way to share in our global success.

Sharesave is our chosen share plan and it's offered across the Flutter family. Because we can't award shares in Lithuania, you'll receive a cash equivalent instead.

Wait for three years and you'll receive a cash payment based on any growth in the share price. This is calculated as the difference between a discounted (25%) share price at the start of Sharesave, and the share price at the end of the 3 years.

This is your chance to benefit as our company grows. And it's open to all permanent and fixed-term colleagues, providing you joined us before 26 November 2024.

Key benefits

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It's easy

No saving from salary needed

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It's rewarding

Receive a cash payment equivalent to the growth in our share price over a 3 year period

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It's inclusive

Allowing all our colleagues to benefit from our collective success

Timeline

Set

Share price discounted by 25%

25 November 2024

Join

Application window

Midday (GMT) 26 November 2024 to 23:59 (GMT) 10 December 2024

Wait

See how our share price performs over three years

December 2027

Receive

Receive cash payment

1 February 2028 to 31 March 2028

Phantom Sharesave in action

Let's look at a quick example to bring Phantom Sharesave to life:

Sharesave opened with a discounted share price set at £163.73

After 3 years, the Flutter share price had increased to £220.

Colleagues in Sharesave around the world saved on average £50 per month, resulting in them saving a total of £1,800 over three years. These savings would buy them 10 shares (£1,800 ÷ £163.73 discounted price).

Their shares are now worth £2,220 (10 shares x £220 share price), giving colleagues a profit of £400.

We give you this average profit of £400 through payroll as a cash payment, allowing you to benefit from our collective success.

Remember past performance is not necessarily a guide to future performance. The performance of investments is not guaranteed and the value of any investment can go down as well as up.

Q&A – Your questions answered

Sharesave is a savings plan that lets colleagues put aside a fixed amount of money each month, directly from salary, for a set period of 3 years. At the end of the saving period, they can use their savings to buy company shares at a discounted price, or just take their savings back if they prefer. It's a simple way to save money and potentially benefit if the company's share price goes up.

We offer Sharesave to all colleagues across the Flutter family – but in some countries, including yours, we can't award shares because of local compliance restrictions, complexity or cost. You can still get involved and join but instead, you get Phantom Sharesave which involves cash instead of shares.

Put simply, a share plan is an opportunity to own part of the company by buying shares.

There are different types of share plan with different features, and companies will choose the one that best suits the needs of their people and their business.

Sharesave is our chosen share plan and it's offered across the Flutter family. Where we can't award shares, we use a cash alternative.

Phantom Sharesave runs over the same 3-year period as Sharesave, but you don't need to save your own money. Instead of buying Flutter shares at the end of the term, you'll receive a cash payment based on the growth in the share price. This is calculated as the difference between a discounted (25%) share price at the start and the share price at the end of the 3 years.

Unlike Sharesave, you don't choose how much to save. The number of shares your Phantom Sharesave is based on is determined by the average savings amount chosen by your colleagues in this year's Sharesave. This sets the number of shares they could buy, and we use this to calculate your Phantom Sharesave award.

A Phantom Sharesave is offered in countries where we are unable to award actual shares due to local compliance restrictions, complexity, or cost. While you won't receive physical shares, you still have the opportunity to benefit from any increase in our share price through a cash reward, subject to local payroll deductions.

In some countries we are unable to award actual shares due to local compliance restrictions, complexity, or cost.

With a Phantom Sharesave, there's no need for you to save from salary as colleagues do in other countries where Sharesave is available.

However, the number of shares your Phantom Sharesave is based on is determined by the average savings amount chosen by your colleagues in this year's Sharesave.

Before each Sharesave period starts, we set a discounted price. This is our share's market price at that time, with a 25% discount applied.

If you're already in a previous Sharesave, you can still join this year's. Just keep a few things in mind:

  • The value of your all active Sharesave awards must not exceed €500 a month.
  • If you have a Sharesave finishing this year, the amount that award is based on in that one won't count towards the overall monthly limit.

Phantom Sharesave is open to all colleagues, whether you're permanent or fixed-term. You just need to be employed by a specific cut-off date each year before Phantom Sharesave opens – this date will be shared in our communications. If you're not eligible this year, don't worry, Phantom Sharesave should be back next year!

Please note, Phantom Sharesave isn't available for contractors.

Phantom Sharesave is open for a limited time each year, usually just a couple of weeks. We send out communications to make sure everyone is aware and has the chance to join.

You can join via Shareworks, our share plan platform. It's run by Morgan Stanley at Work, our share plans administrator.

Joining for the first time?

You can activate your account by clicking on the following link: Activate my account

You will need to activate your account using the 'My company email address' option. If you don't have a Flutter email address you will need to use your personal email address registered on your local HR system.

Once you have entered your correct email address, you will receive an email that contains a link to activate your account. Please note: The email will require some specific information to hand, to complete the activation process. (Date of birth & Surname).

Click the link to access a verification page and enter the required identifying information.

Once your identity has been verified, create a login ID, username, and password. Please note: If you choose not to create a username, you will be provided with an account number as your username. Immediate access to your account is provided.

Joined before?

If you already have a Shareworks account, log in with your username and password as usual.

Apply online flutter.solium.com

You apply for Sharesave in your Task Area on your Dashboard – simply click on Apply for a Contract.

No, joining Sharesave will not affect your statutory sick pay, statutory maternity pay, or any other employee benefits you receive.

You can activate your account by clicking on the following link: Activate my account.

Please note that you'll need to provide your surname and date of birth.

In addition, after logging in for the first time you will need to provide your phone number, to allow the Shareworks Two Factor Authentication (2FA) process. This is required for you to add bank details and to process a request at the end of your Sharesave.

If you have any issues with activating your account, or have any further questions, please contact Shareworks – see the 'Support' section of this page.

Yes, you can leave Sharesave at any time.

To leave early, simply make a request through the Shareworks platform.

Keep in mind that if you choose to leave early, you'll forfeit any gain you could make.

You can easily view and manage your Phantom Sharesave on the Shareworks platform.

If you lose your user ID or forget your password, just go to the Shareworks login page and follow the on-screen prompts to have your details sent to your email.

For any other access issues, contact Morgan Stanley at Work for assistance.

If you change your name or address, simply update your details in your local HR system, and the information will be automatically sent to Shareworks.

We'll be sad to see you go if you leave Flutter.

If the reason you're leaving us is because you're retiring at the specified age, are in ill health or have been made redundant, you will receive a reduced amount of cash.

If you resign or leave for any other reason not covered above, your option cannot be exercised and will lapse.

Once you've left Flutter you'll receive a notification to view details on Shareworks of the choices available to you.

If you move to another company within the Flutter family, your participation in Phantom Sharesave will not be affected.

If you move internationally, the local tax rules in that country will apply to any Phantom Sharesave cash reward, and this will be discussed with you at the time.

It's a difficult thought, but if you pass away while in the Phantom Sharesave, your personal representative will receive a cash amount. This amount will be adjusted based on how much of the 3-year period you've completed and the increase in the share price. The growth is calculated as the difference between the discounted (25%) share price at the start and the share price on the date of your death.

Once your Phantom Sharesave ends, you'll have two months to let us know if you want to claim your cash reward, using the Shareworks platform.

The amount you receive will depend on the Flutter share price at the time you request your cash reward. Since the share price can go up or down during these two months, you'll need to decide when the best time is for you to take action.

The more the share price has increased from the discounted price (set at a 25% discount) at the start of the Sharesave, the bigger your cash reward will be.

If you take a cash reward, this will be processed through local payroll subject to the usual deductions.

You can log into your account here: Shareworks

For any help accessing or managing your Shareworks account, contact the team at Morgan Stanley at Work:

  • International: +44 (0) 2074251075 (8am to 6pm GMT Monday to Friday)
  • Australia: 1800 768 002 (7:30 PM EST Sunday continuous (24H) to 8pm EST Friday)
  • Netherlands: 8000221723 (8am to 6pm GMT)
  • Other Locations: +1 403 515 3909 (Lithuania, Georgia)

Note: Service is available from Landline and Mobile only. These numbers will not work via Zoom or any other Internet phone line.

We try to avoid jargon, but if you come across these terms, here's what they mean:

Savings amount

With a Phantom Sharesave, there's no need for you to save from salary as colleagues do in other countries where Sharesave is available. However, the number of shares your Phantom Sharesave is based on is determined by the average savings amount chosen by your colleagues any corresponding Sharesave.

Phantom option

This is a right which entitles you to receive (in cash) any increase in price between the discounted share price which is set when the invitation goes out and the share price at the end of three years.

Option price

The fixed price each year is set with a 25% discount on the market value just before the joining window opens. This is the price used to determine any gain you may receive in cash.

Invitation period

The time each year when eligible employees can join Sharesave – usually about 14 days. You need to apply during this window or wait until next year.

Grant date

The date after the joining window closes when applications to join Phantom Sharesave are officially accepted and confirmed.

Maturity date

The date when your three-year Phantom Sharesave period ends, and your chance to receive a cash reward begins – you have 2 months to decide from this date.

Exercise / Exercise window

'Exercise' means making a request to receive a cash reward. The exercise window is the 2 month period in which you can decide when to receive your cash reward.

Resources

Brochure

Download

Plan Rules

Download

Your account

Support

If you have a question that hasn't been answered here, just email the team:

shareplans@flutter.com

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For any help accessing or managing your Shareworks account,
contact the team at Morgan Stanley at Work:

+1 403 515 3909

Note: Service is available from Landline and Mobile only. These numbers will not work via Zoom or any other Internet phone line.

Disclaimer

  1. This site is intended to provide information and not advice. No member of Flutter or any of their officers, employees, agents or representatives is giving you investment, tax or other advice in relation to Sharesave.
  2. Whether or not to join Sharesave is a personal decision which will have no impact on your employment relationship.
  3. The value of Flutter shares can go down as well as up.
  4. You may wish to seek independent, professional financial and/or tax advice if you need tailored advice specific to your circumstances.
  5. The information provided on this website and other communications is provided in good faith. If it conflicts with any official documentation or applicable legislation, they will prevail.