Deliveroo EBT Buys Shares for Employee Awards
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Deliveroo EBT Buys Shares for Employee Awards

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

Deliveroo plc has announced that its Employee Benefit Trust (EBT) has initiated a Share Purchase Programme, buying 1,640,170 Ordinary Shares to satisfy employee share-based compensation awards. The transactions, funded by a loan from Roofoods Ltd, saw shares bought over five days at an average price of £1.3537 per share. Following these purchases, the EBT holds 3.5917% of the company’s issued share capital, keeping the issued share capital at 1,626,660,019 Ordinary Shares.

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

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