Acceleration in companies graduating from AIM to the London Stock Exchange’s Main Market

Law firm, Pinsent Masons, reports that the number of companies graduating from AIM to the London Stock Exchange’s Main Market is at its highest level for nearly a decade.

Six companies transferred from AIM in the last 12 months, compared with two the year before, the firm noted.

Nicholas Holmes, partner and head of the firm’s equity capital markets practice commented:

“The increase in transfers is an early vindication of the FCA’s recent listing reforms and shows that companies are beginning to respond. We expect the trend to continue.

“The Main Market has always carried greater prestige. What has changed is that recent reforms have reduced some of the regulatory burdens associated with listing, making a move from AIM a more straightforward exercise for many companies.

“The regulatory gap between listing on AIM or the Main Market has narrowed, which is inevitably influencing how companies assess their listing options.

 “With AIM reviewing its rules, the market will be watching closely to see whether those changes can attract and retain more businesses on AIM.”

He added: “Ultimately, these transfers reflect a healthy pipeline within London’s equity markets. AIM is supporting growing companies, while the Main Market is attracting businesses ready for their next phase of their growth.”

Pinsent Masons has 29 offices around the world, including one in Edinburgh. 

www.pinsentmasons.com

 Pictured: Nicholas Holmes