Posts Tagged ‘AIM Companies’

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 ...

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 ...

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 ...

01
Oct

Research has shown that smaller and medium sized gold mining companies listed on the AIM Stock Exchange have been one of the biggest beneficiaries since the rules regarding ISA portfolios were relaxed recently. The change in the ISA rules was first proposed in the 2013March budget, and offers investors an asset that is protected from income tax, capital gains tax and inheritance. It is the   Government’s intention that, by relaxing the tax rules on investing in smaller company shares on AIM, investment in growing companies will help ...

26
Jun

Falling costs of joining AIM

The cost of joining AIM (The London Stock Exchanges junior stock market) has fallen for the first time in seven years, driven down by competition amongst AIM advisors and brokers over the rates they charge for undertaking AIM IPO’s. The most recent survey by accountancy firm UHY Hacker Young shows that the average costs associated with an AIM stock market flotation now equates to 8.4 per cent of all funds raised by a company on the market. This has reduced significantly from an average of 10.6 per cent in 2011. Good news too for companies considering a fundraising on ...

07
Nov

When the banks say NO

When the banks say NO, is AIM the alternative to raising cash in 2013? In the years pre 2006 many growing SME’s used a flotation on AIM as strategy to raise investment capital and as a longer term exit route for existing shareholders. As the recession kicked in, and companies battened down the hatches the profile of AIM somewhat diminished as did the number of companies lining up to join the market. AIM hit a low when throughout the whole of 2009 only 36 new companies joined the market, the lowest number on record. ...