On the eve of its Silver Anniversary, AIM is ready to celebrate
At the end of May 2020 there were 832 companies on AIM, with the total market value £98.6bn. This compares to 840 companies at the end of April 2020 when AIM’s market value was £88.5bn. As was to be expected in the lock-down period, there were no new arrivals in the month and eight departures.
AIM, which was originally called the Alternative Investment Market, was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market that had been in operation since 1980. At launch, AIM comprised only 10 companies valued collectively at £82.2m, with only one survivor, closed ended investment company Athelney Trust (LON:ATY), currently remaining from the original 10. Thankfully, the quality of companies on AIM has improved substantially over the years, with the vast majority…
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