Deliveroo Class (ROO)

Sector:

IT Services

130.00p
   
  • Change Today:
    -1.90p
  • 52 Week High: 147.00
  • 52 Week Low: 100.10
  • Currency: UK Pounds
  • Shares Issued: 1,626.66m
  • Volume: 1,672,954
  • Market Cap: £2,114.66m

Deliveroo strikes union recognition deal with GMB

By Iain Gilbert

Date: Thursday 12 May 2022

LONDON (ShareCast) - (Sharecast News) - Food delivery giant Deliveroo and GMB Union have struck a historic union recognition deal that covers the company's more than 90,000 self-employed riders.
Deliveroo announced on Thursday that the voluntary partnership agreement will grant GMB rights to collective bargaining on pay and consultation rights on benefits and other issues, including riders' health, safety, and wellbeing.

GMB will also be able to represent individual riders who are GMB members in disputes.

The agreement also recognises Deliveroo riders as self-employed, following a series of UK court judgements confirming their status as such.

Deliveroo chief executive Will Shu said: "We are delighted to partner with the GMB in this first-of-its-kind voluntary agreement, giving self-employed riders flexibility, guaranteed earnings, representation and benefits. Deliveroo has long called for riders to have both flexibility and security and this innovative agreement is exactly the sort of partnership the on-demand economy should be based on.

"This voluntary partnership is based on a shared commitment between the GMB and Deliveroo to rider welfare and wellbeing. Together, we are focusing on what matters most to riders."

As of 1040 BST, Deliveroo shares were down 2.34% at 85.66p.



Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

ROO Market Data

Currency UK Pounds
Share Price 130.00p
Change Today -1.90p
% Change -1.44 %
52 Week High 147.00
52 Week Low 100.10
Volume 1,672,954
Shares Issued 1,626.66m
Market Cap £2,114.66m

ROO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.75% below the market average45.75% below the market average45.75% below the market average45.75% below the market average45.75% below the market average
26.83% below the sector average26.83% below the sector average26.83% below the sector average26.83% below the sector average26.83% below the sector average
Price Trend
38.48% above the market average38.48% above the market average38.48% above the market average38.48% above the market average38.48% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income Not Available
Growth
9.03% below the market average9.03% below the market average9.03% below the market average9.03% below the market average9.03% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average

ROO Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
16:35 559,270 @ 130.00p
16:35 3,457 @ 130.00p
16:35 5,787 @ 130.00p
16:35 1,782 @ 130.00p
16:35 578 @ 130.00p

ROO Key Personnel

Chair Claudia Arney
CEO Will Shu
CFO Scilla Grimble

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