By Ian Walker
Deliveroo said Sachem Head Capital Management now owns 5.233% of its issued share capital.
In a regulatory filing on Monday the food-delivery company said Sachem Head now has an interest of 79.8 million shares. The shareholding is worth 90.1 million pounds ($114 million) based on Deliveroo’s closing price of 113.0 pence on Friday.
Sachem Head is an investment management firm based in New York City, managed by Scott Ferguson.
Shares at 1445 GMT were up 5.20 pence, or 4.6%, at 118.20 pence. They are currently up nearly 36% over the past 12 months.
Write to Ian Walker at ian.walker@wsj.com
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