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The Alternative Investment Market - AIM - The most successful Growth market in the world - Specifically tailored to growing businesses, the Alternative Investment market - AIM - combines the benefits of a public quotation with a flexible regulatory approach. AIM gives companies from all countries and sectors access to the stock 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 and a 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
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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. The Alternative Investment Market offers huge liquidity and has a more relaxed approach to regulation when compared with the NASDAQ 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. We are able to offer a one stop shop so that you do not blindly eneter the City! For an initial consultation regarding an AIM listing please call Stuart Harrison on 01453 872666 More information regarding an AIM listing and AIM rules can be found on the official AIM web site.: www.londonstockexchange.com
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