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June 2019 AIM new arrivals: a fast growing fx company joins AIM

08/07/2019 · Alumasc Group PLC (ALU)  · Argentex Group PLC (AGFX)  · Renold PLC (RNO) 

AIM IPOs UK

A pile of foreign notes

June 2019 saw two more companies move to AIM from the main market and another fast growing foreign exchange specialist join London’s 'growth market'. Our latest blog introduces all the newcomers


At the end of June 2019 there were 900 companies on AIM, with the total market value £100bn. This compares with 901 at the end of May 2019 when AIM’s market value was £104bn. Excluding re-admissions and reverse takeovers, there were three new arrivals and four departures in June.

Remember to use our AIMsearch tool from the link here to check on the Inheritance Tax qualifying status of all AIM companies. There have been several status changes over the past few weeks.

The only genuine stock market newcomer in June was Argentex Group (LON:AGFX), an FCA regulated provider of foreign exchange services - FX is proving to be a very hot sector in London.

Argentex was founded in 2011 by its current management team, led by Harry Adams and Carl Jani, alongside Sir John Beckwith's investment group, Pacific Investments. The company delivers tailored foreign exchange advisory and execution services to a global client base consisting principally of institutions, corporates and high net worth private individuals. The…

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