Appropriateness of the financial track record.Suitability of existing capital and organisation structure.Establishing an experienced board of directors and management team.Preparation of a well-constructed, attractive equity story. The following are the most important suitability issues to consider: General suitability and initial considerationsĪ successful flotation requires careful planning and preparation. Continuing obligations and reporting requirements.General Suitability and initial considerations.These requirements may be analysed into the following areas: Once you have taken the decision to float you will need to critically appraise your existing business and equity story, to understand its attractiveness to the market and identify the extent to which it will meet the AIM admission requirements. Admission documents relating to a public offer in the UK must adhere to the FCA’s Prospectus Rules and must be approved by the FCA. The admission document requirements are based on the FCA Prospectus Rules, with a few (optional) exceptions. Regulatory EnvironmentĪIM companies are governed by the AIM Rules for Companies (AIM Rules), which outline the requirements and guidance for companies listed on AIM or seeking to be listed on AIM. AIM has been created specifically for the needs of small and emerging businesses. Its success is based on a streamlined regulatory environment. It has grown rapidly in terms of the number and diversity of companies admitted to the market, as well as the number and diversity of institutional and retail investors involved. AIM has emerged as one of the world’s most successful growth markets since its inception in 1995.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |