The AIM market is an increasingly popular choice for growth companies as a means of both raising capital and enabling investor liquidity.
Since its launch in 1995 to May 2007, the AIM market has:
- admitted 2,700 companies (2,300 UK and 400 international)
- raised £46.3 billion of capital (£27 billion new issue, £19.3 billion follow-on capital)
- executed share trades of £191 billion value
- accredited 79 firms to act as Nominated Advisors, or 'Nomads'
- 1,600 currently listed companies with total market capitalisation of £107 billion
In May 2007 alone, the AIM market raised £2 billion of capital and traded £12 billion of shares (£316 million per day) ...
Over 60% of AIM companies are valued at £50 million to £500 million. But company valuations range from £2.0 billion (Yamaha Gold Inc, a gold mining company) down to 100 companies each worth less than £2 million.
On average, in May 2007, each AIM listed company traded £200,000 of shares per day. The top 25 most active AIM represented 27% of the total shares traded. With 12 AIM companies trading over £100 million of shares during May 2007.
How are these statistics relevant to a company considering listing on AIM?
(a) Investor appetite for IPO listings, from UK plus international companies
(b) Availability of follow-on capital, that funds future M&A or growth capital
(c) Secondary market liquidity, that allows early-stage investors to exit their investment
(d) Many large companies, that provides credibility to the exchange and its members
(e) Appropriate regulatory environment, that is supportive and cost-effective
Statistical data sourced from website of London Stock Exchange.
Click graphic to download one-page PDF that summarises statistics for the AIM market.
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