Subjects:

Banking and Finance, Key Annual Titles

AIM has over 1100 listed companies with a combined market value of almost £35 billion. This is a larger number of companies than all of the other European Growth Markets collectively. It is also the most international market, with more than 100 overseas companies.

AIM has been remarkably resistant to the downturn in equity market activity and the recent rise in confidence and activity will ensure that AIM continues to grow as a leading market.

Although listing on AIM is less complex than on other exchanges, the need for clear, professional advice is still essential. For anyone looking to list, or for those already listed, this book provides a thorough review and analysis of all the requirements, including changes to the Capital Requirement Rules introduced in April 2005 and the new "Admissions Document Rules" introduced in July 2005 as a result of the Prospectus Directive. In response to the implementation of the Prospectus Directive A Practitioner's Guide to the AIM Rules has been revised to show firms, either hoping to list on AIM or to make a public offer over £2.5m in any 12 month period, when they have to publish a UKLA approved prospectus and what exemptions may apply. A Practitioner's Guide to the AIM Rules includes a new chapter dealing with the CREST clearing and settlement system as well as continuing to cover the roles of the lawyer, accountant and nominated adviser; listing from other exchanges; and the tax regime.

The book has been written by a team of expert practitioners from leading professional firms and gives a clear and practical explanation of the admission rules and on-going obligations, as well as offering advice on Model Code compliance and corporate governance.