AIM – LSE Consultation On AIM Rules

The London Stock Exchange (LSE) has published a consultation on changes to the AIM Rules for Companies.

The consultation follows the LSE's earlier discussion paper and feedback statement (see our blog post here) and is seeking, amongst other things, to reduce unnecessary regulatory burdens on admission and support AIM companies undertaking transactions.  

The LSE says that it will publish a separate consultation on the contents of an AIM admission document but in the meantime the changes it is consulting on include:

• removing the requirement to produce a working capital statement, and replacing it with a requirement to disclose details of the company's capital resources and financial obligations, together with details of future fundraising needs;