Suspension of trading in AIM securities and cancellation of AIM admission
Published by a LexisNexis Corporate expert
Practice notesSuspension of trading in AIM securities and cancellation of AIM admission
Published by a LexisNexis Corporate expert
Practice notes
This Practice Note focuses on the suspension of trading in an AIM company’s securities and cancellation of trading in an AIM company’s securities.
Suspension of trading in AIM securities
As a general principle, the London Stock Exchange (LSE) will keep interruptions to the trading of shares on AIM to a minimum. However, where an AIM company has breached the AIM Rules for Companies (AIM Rules) or a suspension is necessary for the protection of investors, the LSE may suspend trading in the AIM company’s shares.
Continued compliance with the AIM Rules during suspension
During a suspension, an AIM company must continue to comply with the AIM Rules.
Suspension of trading in AIM securities by the LSE
Under the AIM Rules, the LSE will usually suspend trading in an AIM company’s securities in the following cases:
- •
failure to have a nominated adviser (or nomad) (AIM Rule 1)
- •
the LSE considers that the AIM company has failed to comply with the AIM Rules for Companies (AIM Rule 40)
- •
trading in
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Jurisdiction(s):
United Kingdom
Key definition:
Suspension definition
What does Suspension mean?
When the construction works are put on hold at the request of the employer until notice is given to recommence.
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