Amsterdam’s Just Eat Takeaway.com transfers from Premium to Standard listing on London Stock Exchange

Amsterdam-based Just Eat Takeaway.com, Europe’s biggest online food delivery company, announced on Monday the transfer of its Listing on the London Stock Exchange (LSE) from “Premium Listing (commercial company)” to “Standard Listing (shares)” will take effect as of 9:00 AM CET today.

According to a statement, the company finished reviewing its listing venues in October 2022. 

This announcement follows the Extraordinary General Meeting (EGM) of the company held on November 18, 2022, where the shareholders approved the “Proposed Transfer of Listing,” which involved moving the Just Eat Takeaway.com’s shares from the “Premium Listing (commercial company)” to the “Standard Listing (shares)” category on the Official List of the Financial Conduct Authority.

The company’s ordinary shares continue to be listed on Euronext Amsterdam and on the London Stock Exchange.

Brief about Just Eat Takeaway

Founded in 2000 by Jitse Groen, Just Eat Takeaway.com is an online food delivery marketplace that connects consumers and restaurants through its platforms. The company mainly collaborates with delivery restaurants. 

Just Eat Takeaway.com also provides its proprietary ‘restaurant delivery services’ to restaurants that do not deliver themselves. It is connected with nearly 680,000 restaurants globally.

The Amsterdam-based company operates in the US, the UK, Germany, the Netherlands, Canada, Australia, Austria, Belgium, Bulgaria, Denmark, France, Ireland, Israel, Italy, Luxembourg, New Zealand, Poland, Slovakia, Spain, and Switzerland.

Recent developments

Last week, Just Eat Takeaway.com teamed up with British supermarket chain Co-op to offer on-demand online grocery delivery across the UK. This means shoppers can now order thousands of products from ready meals to store cupboard essentials from Co-op for delivery in under 30 minutes through the Just Eat app and website.

In November 2022, the food delivery company completed the sale of its 33.3 per cent equity stake in Brazil’s iFood to Prosus for €1.5B. Also in the same month, the company announced its partnership with Turkish grocery delivery company Getir across Europe. As a part of the partnership, Getir’s entire product portfolio will be integrated into Just Eat Takeaway.com’s marketplace and delivered directly by Getir couriers.

In August 2022, the Amsterdam-based company launched a pilot grocery and convenience delivery operation with its own dark store in Berlin.