Mark Taylor Corporate Partner of Dorsey & Whitney introduces the regulatory issues and key features of the AIM admission process
When AIM opened on 19 June 1995 it had a clear remit — to provide a market focused on emerging and smaller companies. The procedure for coming to market was simpler than that for the official list and the ongoing regulatory environment more benign. The intention was that like its predecessor the unlisted securities market AIM would act as a 'stepping stone' towards admission to the main market.
Things have changed and rather than viewing AIM as a stepping stone many companies now view it as an end in itself. They are content to stay on AIM and to take advantage of the lighter...
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Mark Taylor Corporate Partner of Dorsey & Whitney introduces the regulatory issues and key features of the AIM admission process
When AIM opened on 19 June 1995 it had a clear remit — to provide a market focused on emerging and smaller companies. The procedure for coming to market was simpler than that for the official list and the ongoing regulatory environment more benign. The intention was that like its predecessor the unlisted securities market AIM would act as a 'stepping stone' towards admission to the main market.
Things have changed and rather than viewing AIM as a stepping stone many companies now view it as an end in itself. They are content to stay on AIM and to take advantage of the lighter...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")