The What's Market team at Practical Law has published a market analysis report highlighting the key trends affecting the AIM market. The analysis, which is based on data collated by What's Market, reveals a steady rise in the number of companies making their AIM debut over the last year. Since the report went to print, the promising start to 2014 has continued with a further six companies joining AIM.
As the market matures, the profile of AIM applicants is changing, with larger companies coming to market and increasing numbers of UK issuers choosing AIM for their IPO. This reflects increasing investor appetite for AIM stocks, facilitated by the fact that AIM shares may now be held within ISAs and the upcoming abolition of stamp duty on AIM shares.
The report also draws out trends in M&A and secondary issue activity on AIM, highlighting the fact that the AIM community remains busy and vibrant.