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ARTICLE · 01 FEBRUARY 2010

Is AIM On The Way Back Up?

The stark news is that 293 companies left the market last year, and only 18 joined (of which 3 transferred to AIM from the Official List).

United KingdomCorporate/Commercial Law

Originally published January 18, 2010

The release by the London Stock Exchange of the statistics for AIM for 2009 gives an opportunity to reflect on the difficult year it's been for AIM and the companies trading on it, but also shows some of its strengths, and can even, to the optimist, indicate the possibility of a return to some semblance of normality.

The stark news is that 293 companies left the market last year, and only 18 joined (of which 3 transferred to AIM from the Official List). The number of new entrants was dramatically down on 2008 (73, of which 10 were Official List transfers) although the number of companies leaving the market was not markedly higher (2008:252). At the year end there were 1,293 companies on AIM, down from a maximum of 1,694 at the end of 2007. The number of companies on AIM has not been as low as this since 2005.

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