Posts Tagged ‘Market News’

16
Dec

The latest Chinese business to choose the AIM Stock Exchange as its investment platform is JQW the e-commerce firm who are rivals with the well-known Alibaba. The business which was setup as an online venture to assist small businesses in China target a more global audience made the decision to join London’s junior stock market when it came to launching its own growth efforts. 'The Chinese B2B e-commerce industry is rapidly growing, with reports forecasting transaction values on e-commerce platforms to experience double digit growth over the coming years’, commented Yongde Cai, chairman of JQW. The flotation saw the firm raise £6.7 ...

11
Dec

Advisors on The London stock markets are bracing themselves for what promises to be the busiest time in the past 6 years for new company flotations. John Holland Managing Director of Holland Bendelow says ‘the noticeable increase in new listings on the UK stock markets over recent months is very welcome and there appears to be momentum behind the recent increase flotation activity’ Planning is key – However he expresses caution about companies rushing head first into a stock market flotaion. ‘It is extremely important that the management of companies considering a flotation allocate sufficient time to plan for flotation. The process itself ...

09
Dec

Flotation highlights Residential lettings agency Martin & Co has confirmed its intention to join AIM, and becomes the latest real estate firm to float. The company, which manages 30,000 properties across over 100 franchise offices, plans to raise £4m from a flotation on Aim on 18 December. The flotation enables the company’s founders to partially exit their stakes in the company. Martin & Co is set to round off a strong year for property floats that has seen Countrywide, Crest Nicholson and Foxtons join the market Key results AstraZeneca European Commission Approval. The European Commission has granted marketing authorisation for Fluenz Tetra, the first ...

02
Dec

Following up on fund-raising it has previously secured over the last 18 months mobile e-commerce start-up MoPowered announced last week that it was seeking further investment to the tune of £4 million pounds by seeking admission to the AIM Stock Market. The London based firm provide mobile commerce services through its SAAS (software-as-a-service) platform and recently raised £1.8 million which was utilised in developing its services further and this latest round of fund raising is destined for investment in Sales Staff and pushing its marketing strategy. Dominic Keen, CEO of MoPowered, said 'The number of consumers shopping on the move has already ...

25
Nov

As we reported last week on our Facebook page the Wakefield based company that is best associated with over 50’s fashion was looking to raise £40 million when it floated on the AIM Market last Wednesday. The firm had said that its decision had come following recovering consumer spending with the intention of expanding its footprint and range.  Chief executive Beth Butterwick said: “We are delighted to announce that our initial public offering has been successfully received. “We would like to welcome our new shareholders and are looking forward to the next stage in the development ...

22
Nov

The average number of daily shares traded in AIM company shares has exceeded 1 million for the first time in AIM’s 17 year history. One of the key drivers in activity is AIM shares can now be held in Individual Savings Accounts (Isa’s),  and the current 0.5% stamp duty (tax) on the purchase of shares will be abolished from April 2014. AIM shares are now tax-advantaged investments which avoid capital gains tax, income tax, inheritance tax and, in the coming months, stamp duty.  The benefit for companies considering an AIM flotation is a further reduction in the ...

22
Nov

Stock Market Flotations Bonmarché listed on AIM only two years after the business went into administration. The fashion retailer has been valued at around £100m, with Private-equity owner Sun European retaining a 52.4% share in the firm after selling 40% of its stake. The company has over 250 stores. Applied Graphene Materials PLC is looking to raise £11m in a placing ahead of its initial public offering on AIM. The company will have a market capitalisation of £26 million. Key results National Grid Half Year Results note PBT down 7% at GBP979m reflecting the ...

18
Nov

Rightster Debuts on AIM

Rightster the cloud based video business that was setup by Charlie Muirhead has become one of the latest businesses to persue growth by joining London's Alternative Investment Market raising £20.4 million in the process. The company that has its HQ in London has said that it will use the funds raised by its flotation to add content owners and publishers to its service as well as engaging in bolt-on acquisitions. CEO of Rightster Charlie Muirhead has said 'We expect our growth to come from our focused investment in technology, and we are also in early discussions with a number of possible acquisitions that ...

11
Nov

The Canadian based potash company announced last week that it has filed an application for admission to the AIM Market of the London Stock Exchange for its Company’s common shares. This has come hot on the heels of its grant of a large scale mining permit and the start of its ‘pre-construction’ of the Danakhil Potash Project in Ethiopia with Allana seeing the application for AIM listing as the next step in becoming an international potash producer. “Our proposed listing on AIM re-enforces this fact, as well as our commitment to expand our shareholder profile into ...

08
Nov

Week commencing 4 November 2013 Markets Summary FTSE 100 6697.22 FTSE 250 15389.52 Dax 9081.03 Dow Jones 15593.98 Nasdaq 3857.33  What a week for stock market flotations. Twitter, hit Wall Street yesterday and the share price immediately went north. It appears that we are also seeing continued acceleration ion the number of companies in the pipeline to float on the UK Stock markets over the coming months. Recently the Royal Mail and Foxtons ...