Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
This week’s edition of Corporate highlights includes news of the revised AIM Rules and Nomad Rules issued by the London Stock Exchange, analysis by Market Tracker on trends in delistings, a package of proposals announced by the European Commission as part of its Capital Markets Union initiative and news analysis on a Supreme Court decision dealing with the application of the statutory limitation period to a company’s claim against its directors for breach of their fiduciary duties. We also highlight four new Resource Notes published in our Equity Capital Markets (AIM) topic area.
Following an AIM Rules Review Discussion Paper published in July 2017 and a Feedback Statement and Consultation in December 2017, the London Stock Exchange (LSE) has issued AIM Notice 50 which confirms changes to the AIM Rules for Companies (AIM Rules) and AIM Rules for Nominated Advisers (Nomad Rules). The changes come into force on 30 March 2018.
Both sets of amended rules are broadly in line with the proposals set out in the December 2017 Feedback Statement and Consultation (see London Stock Exchange issues AIM Notice 49, LNB News 11/12/2017 114). The changes to the AIM Rules cover formalising the early notification process of issues about an applicant AIM company, the requirement for AIM companies to report against a recognised corporate governance code and clarifying Rule 9 about the LSE’s powers to refuse an AIM admission or impose special conditions.
For further information on the amendments, see LNB News 08/03/2018 129.
This News Analysis considers 171 companies that delisted from AIM between 1 February 2016 and 31 January 2018. The analysis examines the reasons cited by these companies for delisting and highlights the trends found over the period.
For further details, see News Analysis: Trends in Delistings: Most delistings on AIM are at the company’s request.
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
0330 161 1234