- ‘The most successful Growth market in the world’-
Specifically tailored to growing businesses, AIM combines the benefits of a public quotation with a flexible regulatory approach.
AIM gives companies from all countries and sectors access to the market at an earlier stage of their development, allowing them to experience life as a public company. Since AIM opened in 1995, more than 1,300 companies have been admitted and more than £11 billion has been raised collectively.
An AIM listing offers:
A flexible regulatory regime - see AIM rules
Access to a unique, globally respected market
Access to a wide pool of capital
Enhanced profile – heightened interest in your company
Increased status and credibility
Currency for and easier rules on acquisition
Eligibility for a range of tax benefits
The table below highlights the main differences in the admission criteria for the Main Market and AIM:
Main Market
AIM
Minimum 25% shares in public hands
Normally 3 year trading record required
Prior shareholder approval required for substantial acquisitions and disposals
Pre-vetting of admission documents by the UKLA
Sponsors needed for certain transactions
Minimum market capitalisation
No minimum shares to be in public hands
No trading record requirement
No prior shareholder approval for transactions*
Admission documents not pre-vetted by Exchange or UKLA
Nominated adviser required at all times
No minimum market capitalisation
AIM is open to companies from all sectors and from all over the world. If debt finance is not for your company then maybe an AIM listing is.
There are no specific suitability criteria for companies to qualify for AIM, however under the AIM Rules all companies must produce an admission document that includes information about the company’s directors, their promoters, business activities and financial position.
Each company applying to join AIM must appoint under AIM rules a nominated adviser popularly known as a ‘nomad’. Nomads are responsible, amongst other duties, for warranting that a company is appropriate for AIM. Once admitted to AIM, a company has ongoing disclosure requirements and must retain a nominated adviser at all times.
Carpe Diem has a specialist corporate finance department which specializes in reviewing your companies eligibility, AIM listing criteria and assessing your pre-AIM listing requirements. We are able to short cut the process.....and provide invaluable advice which will save you time and money when you eventually embark upon an AIM listing.
For an initial consultation please email Stuart Harrison on with a short introduction.
More information regarding an AIM listing and AIM rules can be found on the official AIM web site.: www.londonstockexchange.com
