10 The Alternative Investment Market

The Alternative Investment Market (or AIM) enables public companies to have their shares traded on an identifiable market without the expense associated with seeking a listing on the Official List. Consequently, the AIM is less strictly regulated than the Official List, for instance:

  1. 10.1

        a company which gains admission to the AIM is subject to a much less onerous regime of continuing obligations than that which binds companies on the Official List1;

  2. 10.2

        there are no minimum limits on capitalisation or on the amount of shares in public hands. (The rules for official listing require

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