Meal delivery company Delivery Hero is going to sell 3 million Takeaway shares. It becomes apparent from a document submitted by the German company to the British stock market regulator.

Delivery Hero entered into an agreement with Kepler Cheuvreux on 9 September for ‘on market’ and ‘off market’ sale of the securities. The minimum price is 73 euros per share. The limit for on-market transactions is 20 percent of the volume of Takeaway shares traded on the trading day itself. Via block trades, of a maximum of 100.00 shares per day, the broker may sell the securities ‘off market’.

Takeaway stood around 14.45 with a loss of 4.8 percent at the bottom of the AEX at 77 euros.