Food delivery company Deliveroo has picked London for its IPO listing.
Claudia Arney, Deliveroo’s board chair said, “Deliveroo is proud to be a British company, and the selection of London as its home for any future listing reflects Deliveroo’s continued commitment to the UK.”
Deliveroo will use a dual-class share structure for its market debut, which will provide its founder Will Shu more control over the company via voting rights. The company will follow a dual-class share structure for 3 years and switch to a traditional single-class share structure later.
Many firms like banking start-up Wise, cyber security company Darktrace are considering listing in London. On March 1, Danish reviews website Trustpilot announced that it is discussing making a debut in London.
