Deliveroo plc Class A (GB:ROO) has released an update.
Deliveroo plc has announced its intention to transition its ordinary share listing from the ‘equity shares (transition)’ to the ‘equity shares (commercial companies)’ category on the Official List by the Financial Conduct Authority, expected to take effect on October 10, 2024, without requiring shareholder approval. This move is anticipated to promote the company’s growth, enhance investor protection, and potentially increase the company’s share liquidity and inclusion in the FTSE UK Index Series. The company, with a broad international presence, reaffirms its commitment to the highest corporate governance standards and remains subject to the UK Takeover Code.
For further insights into GB:ROO stock, check out TipRanks’ Stock Analysis page.