What's the easiest/best way to be informed of a Director selling shares of a company on London's AIM market? - KamilTaylan.blog
27 June 2022 12:54

What’s the easiest/best way to be informed of a Director selling shares of a company on London’s AIM market?

What is an AIM admission document?

The document to be published by a company seeking admission of its securities to trading on AIM in accordance with Rule 3 of the AIM Rules.

Do the Listing Rules apply to AIM companies?

AIM companies are not listed, and are hence not subject to the Listing Rules.

Do you need a prospectus for AIM?

A quoted applicant is not required to produce an admission document unless it is required to publish a Prospectus in relation to the issue of AIM securities which are the subject of admission.

How do you get listed on AIM?

There are no prescriptive eligibility criteria for joining AIM, however, a company must:

  1. Appoint a Nominated Adviser (‘nomad’) and retain their services for the duration of the time the company remains on AIM. …
  2. Appoint a corporate broker and retain their services throughout the time the company remains on market.

What does it cost to list on AIM?

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 much does it cost to float on AIM?

Last but not least, floating on AIM is expensive. You need to weigh up the potential cash gain against the costs of the listing process. Generally speaking, you should be looking to raise at least £4m from the flotation to justify the costs. Most listings incur costs of about £400k, plus brokers’ fees of about 4%.

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.

What is a nomad AIM?

A nominated advisor (NOMAD) is a financial services firm that assists with listing a company on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). The Alternative Investment Market is a specialized unit of the LSE catering to smaller, more risky companies.

How long does it take to float on AIM?

How long does it take to float on AIM? With the large number of different parties and documentation involved, joining the AIM Market can take up to a year of preparation – sometimes even more. However, for those planning on floating as fast as possible, 14 weeks is seen as the minimum amount of time required.

How much does it cost to list a company on the stock exchange?

A company seeking to list on the NYSE must pay both initial listing fees and annual fees. The NYSE’s initial listing fee for common stock is a flat rate of US$295,000 and any additional class of common stock listed is a flat rate of US$5,000. Additional shares listed subsequently will require additional payments.

How much does it cost to take a company public UK?

An IPO can cost approximately 8% of the amount you hope to raise.

Is AIM a UK regulated market?

AIM operates as a multilateral trading facility but is not a regulated market. AIM is a prescribed market and is also designated as a SME growth market.

Are AIM shares listed or unlisted?

AIM is one of the markets owned and operated by the London Stock Exchange (LSE) and is aimed at small, mid-cap and growing companies. Although shares and securities traded on AIM are colloquially referred to as ‘listed on AIM’, they are in fact not listed, but rather admitted to trading on AIM.

How is London stock regulated?

Main Market is London Stock Exchange’s Regulated Market, with disclosure rules aligned to Prospectus Regulation. The Financial Conduct Authority (FCA) approves Prospectuses for admission to the Main Market. As a Regulated Market, securities admitted to other Regulated Markets can be passported onto the Main Market.

Is AIM part of the 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.

Do you pay capital gains tax on AIM shares?

You won’t be taxed on dividends from AIM shares held in an ISA, nor will you have to pay Capital Gains Tax (CGT) on any of the profits you make.

Does FTSE All share include AIM?

The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. It aims to represent at least 98% of the full capital value of all UK companies that qualify as eligible for inclusion.