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Deliveroo plc Class A ( (GB:ROO) ) has provided an update.
Deliveroo plc has announced a notification of major holdings in the company, disclosing changes in voting rights related to its ordinary shares. The notification, which follows the crossing of a specified threshold by Morgan Stanley, highlights changes in the voting rights and financial instruments, indicating Morgan Stanley’s increased stake in Deliveroo. This adjustment in shareholder structure may influence Deliveroo’s strategic decisions and investor relations, as major shareholders like Morgan Stanley hold significant influence over corporate governance.
More about Deliveroo plc Class A
Deliveroo plc operates within the food delivery industry, primarily offering online food ordering and delivery services. The company focuses on connecting consumers with a wide range of restaurants and food options through its digital platform.
YTD Price Performance: 19.12%
Average Trading Volume: 1,985,753
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.3B
Learn more about ROO stock on TipRanks’ Stock Analysis page.
