AIM is
the London Stock Exchange's international market for smaller growing companies.
On AIM you will find a wide range of businesses ranging from young, venture
capital-backed start-ups to well-established, mature organisations looking
to expand.
Since its launch in 1995, over 2,500 companies have joined AIM ? raising
more than ¡ê34bn in the process, both through initial public offerings
(IPOs) and further capital raisings. This capital has helped AIM-quoted
companies of all kinds to fund their development and pursue their ambitions.
Many companies have made the transition to the Exchange's Main Market
following their success and positive experience on AIM.When the London
Stock Exchange created AIM, the objective was to offer smaller companies
? from any country and any industry sector ? the chance to raise capital
on a market with a pragmatic and appropriate approach to regulation.
With this in mind, AIM was designed to be a highly flexible public market
offering many unique attributes both for companies and investors.
To join AIM, companies do not need a particular financial track record
or trading history. There is also no minimum requirement in terms of
size or number of shareholders. This more flexible approach reflects
the fact that AIM was designed specifically for smaller growing companies,
and has helped AIM to become the leading global growth market.
AIM has a large, diverse and committed community of stakeholders, made
up of various market participants. Specialist advisers are crucial to
the market¡¯s success, and range from dedicated Nominated Advisers (Nomads)
who play a central role in the life of an AIM company, through to lawyers,
accountants and brokers. Other important participants and stakeholders
include investors, public relations (PR) and investor relations (IR)
agencies who help companies join the market and make the most of their
AIM quotation, and market committees and publishers focused on AIM and
its companies.
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