Explaining its decision, Just Eat Takeaway said it was delisting its shares from the LSE in a bid to "reduce the administrative burden, complexity and costs associated with the disclosure and regulatory requirements of maintaining the LSE listing, and in the context of low liquidity and trading volumes."

Just Eat Takeaway shares slipped 1.5% following the delisting announcement.

It has requested that the LSE and the Financial Conduct Authority, the U.K.'s markets watchdog, cancel its listing, so that it can remain primarily listed on the Amsterdam exchange.