Deliveroo dishes out £10m shares to staff… except delivery drivers

Online takeaway app Deliveroo is to hand out £10 million of share options to all its employees.

The food delivery company, which has its global headquarters in Cannon Street in the City and another office site in Bloomsbury, said around 2000 staff in 12 countries will benefit.

Around 1200 are based in London.

The share options will go to all permanent staff regardless of seniority but not delivery riders, who are classed as self-employed contractors.

Deliveroo founder and chief executive, Will Shu, said he wanted all of the staff at the five-year-old business “to be owners” and that the share options was “his way of thanking staff at the company, a way of making sure this truly is our company in every way”.

He said: “Employees at Deliveroo have made the company what it is today, and what sets us apart is our immense hunger to win, strong focus and care and a clear vision for the future.

“Our phenomenal growth and success has been made possible thanks to the hard work, commitment and passion of the people who make this company what it is, and that deserves recognition which is why I want all employees to be owners in Deliveroo and to have a real stake in the company’s future as we expand and grow.”