Admission to AIM—fast track route
Admission to AIM—fast track route

The following Corporate practice note provides comprehensive and up to date legal information covering:

  • Admission to AIM—fast track route
  • Eligibility
  • Procedure for fast track admission
  • The nominated adviser's role

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for Corporate lawyers?

A company (quoted applicant) that already has its securities traded on another specific market (AIM Designated Market) may be able to apply for admission to AIM through the AIM Designated Market Route (ADMR). The ADMR provides an efficient and cost effective route for a quoted applicant to be admitted to trading on AIM.

The current AIM Designated Markets are:

  1. Australian Securities Exchange

  2. Johannesburg Stock Exchange

  3. NASDAQ

  4. NYSE

  5. SIX Swiss Exchange

  6. TMX Group

  7. Official List of the Financial Conduct Authority, and

  8. any EU regulated market or SME Growth Market as defined in the Markets in Financial Instruments Directive 2014/65/EU (MiFID II) and registered in accordance with that directive.

Eligibility

To be eligible for the ADMR a quoted applicant must:

  1. have traded on an AIM Designated Market for a minimum of 18 months prior to the proposed date of admission to AIM

  2. have traded

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