Getty ImagesLONDON– Deliveroo is planning to raise ₤ 1 billion ($1.38 billion) in its preliminary public offering next month when it is anticipated to debut on the London Stock Exchange.The food delivery service plans to provide up to 256,456,256 brand-new shares at ₤ 3.90 to ₤ 4.60 per share, according to the companys prospectus, which was published Tuesday. Presuming Deliveroo rates at ₤ 4.25 per share, the midpoint of the variety, Shus stake will be worth around ₤ 490 million. It presently holds a 15.8% however it prepares to offer 23,302,240 shares for anywhere in between ₤ 90.8 million and ₤ 107.2 million, depending on pricing.Meanwhile, Index Ventures, which has actually also backed Facebook and Slack, will be left with a 7.5% stake of around ₤ 577 million if it rates at the mid-range, while DST Global, which has actually likewise backed U.K. fintech Checkout, will be left with a 7.4% stake worth ₤ 569 million. Both companies are planning to sell around 15 million shares for roughly ₤ 60 million.Other VCs set to win big include Greenoaks, T. Rowe and Fidelity, who will likewise hold stakes of around ₤ 450 million to ₤ 500 million each.

Getty ImagesLONDON– Deliveroo is preparing to raise ₤ 1 billion ($1.38 billion) in its initial public offering next month when it is expected to debut on the London Stock Exchange.The food delivery service plans to use up to 256,456,256 brand-new shares at ₤ 3.90 to ₤ 4.60 per share, according to the businesss prospectus, which was published Tuesday. It currently holds a 15.8% however it plans to offer 23,302,240 shares for anywhere in between ₤ 90.8 million and ₤ 107.2 million, depending on pricing.Meanwhile, Index Ventures, which has also backed Facebook and Slack, will be left with a 7.5% stake of around ₤ 577 million if it rates at the mid-range, while DST Global, which has also backed U.K. fintech Checkout, will be left with a 7.4% stake worth ₤ 569 million. Both companies are planning to offer around 15 million shares for approximately ₤ 60 million.Other VCs set to win huge include Greenoaks, T. Rowe and Fidelity, who will also hold stakes of around ₤ 450 million to ₤ 500 million each.

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