Improvements To The AIM Rules

Recent months have shown a marked increase in the number of companies coming to the London markets and the volume of funds raised for growth business through initial public offerings. This is welcome. At the same time, after a number of years where the rules have remained static, the London Stock Exchange has refreshed the AIM Rules for both companies and nominated advisors. The changes will come into effect over the summer. AIM companies should prioritise discussion with their nominated advisors as to the impact of the Rule changes.

Improvements in corporate governance for AIM companies

At present there are a number of parallel initiatives intended to improve the quality of disclosure by companies, including changes to narrative reporting, disclosures on how corporate responsibilities to employees, the environment, the community and society as a whole are discharged and country by country reporting of tax payments.