What are the requirements for listing on the London Stock Exchange?
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Minimum 25% shares in public hands. No minimum. Normally three year trading record required. No trading record requirement, although must be presented if available.
How big do you need to be to list on AIM?
There is no a minimum market capitalisation for a company to be admitted to AIM, but most companies tend to fall within the £25 million to £500 million bracket. There is no minimum percentage of shares that must held in public hands, as is the case with the Full List of the London Stock Exchange.
Do the Listing Rules apply to AIM?
AIM companies are not listed, and are hence not subject to the Listing Rules.
What is the process of listing?
New Listing is a process through which a company which is already listed on other stock exchange/s approaches the Exchange for listing of its equity shares. The companies fulfilling the eligibility criteria prescribed by the Exchange; from time to time; are listed on the Exchange.
What does it cost to list on AIM?
The cost. None of this comes cheap. Joining AIM through an initial public offering typically costs between £400,000 and £600,000 a year, including adviser fees, while the price of membership comes in at around £100,000 per year. However, this is considerably less expensive than joining the LSE main list.
How do you float on AIM?
Taking AIM A company seeking to float on the Official List must provide a prospectus, including significant detail about your business, its history, finances and prospects, and the reasons and detailed terms of the share offer, which is pre-vetted and approved by the UKLA.
What companies list on AIM?
Biggest AIM stocks to watch
- ASOS.
- boohoo.
- Abcam.
- Hutchinson China Meditech.
- Jet2.
What is AIM in London Stock Exchange?
The Alternative Investment Market (AIM) is a sub-market of the London Stock Exchange (LSE) that is designed to help smaller companies access capital from the public market.
What are the requirement for listing?
Listing requirements vary by exchange and include minimum stockholder’s equity, a minimum share price, and a minimum number of shareholders. Exchanges have listing requirements to ensure that only high-quality securities are traded on them and to uphold the exchange’s reputation among investors.
What are the listing requirements on the AIM market?
The listing requirements on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE) are non-prescriptive. There is no minimum public float, no minimum initial equity, no minimum market capitalization and no minimum level of profitability.
Do you have to have a trading history to list on aim?
In fact, a company does not even have to have a trading (i.e. operating) history in order to list on London’s AIM, although, if this is the case, there will be a mandatory, one year, post-IPO lock up for certain of the company’s existing shareholders.
What is a standard listing on the LSE?
A standard listing allows issuers to access the Main Market by meeting EU harmonised standards only, rather than the additional UK requirements. AIM AIM is the LSE’s market for smaller, growing companies.
What are the AIM rules for companies?
Once a company’s shares have been admitted to trading on AIM, it will be subject to a number of rules and regulations. These come from London Stock Exchange itself, being the AIM Rules for Companies (‘the AIM Rules’).