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Deliveroo EBT Acquires Shares for Employee Awards
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Deliveroo EBT Acquires Shares for Employee Awards

Deliveroo Plc Class A (GB:ROO) has released an update.

Deliveroo has announced that its Employee Benefit Trust (EBT) has initiated the purchase of 2,809,725 Ordinary Shares to satisfy future employee share-based compensation awards. The shares, purchased at an average price of £1.2959 per share, were funded by a loan from Roofoods Ltd, totaling £3,641,144.57. This move indicates Deliveroo’s commitment to its employees and represents 3.2993% of the company’s issued share capital, with further updates on the programme anticipated.

For further insights into GB:ROO stock, check out TipRanks’ Stock Analysis page.

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