Just Eat Takeaway.com NV plans to delist from London this year owing to the low liquidity of its shares, shifting to just an Amsterdam listing even as the UK attempts to woo companies to its capital markets.
The Amsterdam-headquartered meal delivery firm intends to cancel its secondary listing from the London Stock Exchange to reduce the associated “administrative burden, complexity and costs,” the company said in a statement on Wednesday. The move will take effect on Dec. 27 and Just Eat will maintain its primary listing on Euronext Amsterdam.
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