AIM drops below 1000 but greets 2 sizeable new arrivals
Having recently seen its market value rise above £80bn, October 2016 brought another milestone for AIM (in the opposite direction!) with the number of companies falling below 1000 for the first time in 12 years. Despite the decline in number of companies, encouragingly there were 2 quite chunky new arrivals which we cover in our latest Blog. Following the re-shuffle our updated AIMsearch search tool offers guidance on which AIM companies benefit from the valuable inheritance tax benefits.
London Stock Exchange statistics reveal that at the end of October 2016 there 995 companies on AIM with the total market value £80.83bn. This compares with 1,000 companies on AIM at the end of September 2016 when the market value was £82.98bn. Seven companies left AIM, including Pinewood Group, the film and television studio, which succumbed to a takeover, and Secure Trust Bank which moved to the main market.
The new arrivals were Premier…
Previous article Next article
