Just Eat Takeaway to ditch London listing

(Sharecast News) - Just Eat Takeaway said on Wednesday that it plans to ditch its secondary listing on the London Stock Exchange after 24 December. The company said it had considered, among other things, the liquidity and trading volumes, as well as cost and administrative requirements related to its primary listing in Amsterdam and secondary listing in London.

It said the cancellation would help to reduce the "administrative burden, complexity and costs associated with the disclosure and regulatory requirements of maintaining the LSE listing".

The company - which was formed in 2020 from the merger of Just Eat and Takeaway.com - will maintain its primary listing in Amsterdam.