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ARTICLE · 04 SEPTEMBER 2007

AIM Companies – Website Requirements

Gadens Lawyers
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Existing AIM companies are now required to comply with the AIM Rule 26 that requires AIM companies to maintain a website displaying specified information. A new AIM company is required to disclose such information in its pre-admission announcement

AustraliaCorporate/Commercial Law
Kym Livesley
Kym Livesley
Iris Dielmann
Iris Dielmann

Existing AIM companies are now required to comply with the AIM Rule 26 that requires AIM companies to maintain a website displaying specified information. A new AIM company is required to disclose such information in its pre-admission announcement.

The information that needs to be made available on an AIM company's website includes:

  • a description of the company's business and if it is an investing company, its investing strategy

  • names and brief biographical details of its directors

  • a description of the responsibilities of each director and details of any board committees and their responsibilities

  • the company's country of incorporation and main country of operation

  • where the company is not incorporated in the UK, a statement that the rights of shareholders may be different from the rights of shareholders in a UK incorporated company

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