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LONDON - The Financial Conduct Authority (FCA) has temporarily suspended Deliveroo plc’s shares from the Official List effective Thursday morning at the request of the company.
The suspension of Deliveroo’s ordinary shares began at 7:30 a.m. on Thursday, according to a notice published by the FCA. The affected securities are Deliveroo’s ordinary shares of 0.5p each, which trade under the ISIN code GB00BNC5T391.
The regulatory notice did not provide any explanation for the temporary suspension, only stating that it was implemented at the company’s request. The suspension affects Deliveroo’s listing on the London Stock Exchange.
Deliveroo, a food delivery platform that operates across multiple markets, has not issued any additional statement regarding the reason behind the requested trading halt.
The FCA’s notice indicated that the suspension is temporary, though no timeline for potential reinstatement of trading was specified in the announcement.
Trading suspensions are typically implemented when companies need to address significant developments that could impact share prices or when there is a need to ensure all investors have equal access to material information.
The information about the suspension was provided through the Regulatory News Service (RNS) of the London Stock Exchange, which serves as the official channel for regulatory announcements.
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