Ahead of the 30th anniversary of AIM this month, the QCA AIM Commission publishes its final report.
Our Commission brought together eight experienced company directors – CEOs, CFOs, NEDs and founders – who have helped to grow businesses small and large, across a range of industry sectors and geographies. Most of them have used AIM before; some are involved with companies that use the market today.
The report gives a voice to arguably the market’s most critical stakeholders – the companies that use it to raise funds, invest, recruit and grow – as the London Stock Exchange seeks views on AIM via its discussion paper “Shaping the Future of AIM”, which the QCA’s wider membership will respond to, point-by-point.
Commissioners agreed that AIM Rules should be reset so that they are never more onerous than those on the Main Market. They were eager to reassert a risk culture that befits young, growing companies. And they wanted to see a clearer USP developed, as well as stronger marketing.