Ahead of the 30th anniversary of AIM this month, the QCA AIM Commission published its final report. The Commission yields crucial insights from NEDs and C-suites who have helped to grow businesses across a range of sectors and jurisdictions.
The QCA's AIM 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. It seeks to highlight views on AIM from the perspective of companies themselves, offering a contribution towards the discussion for the LSE, Government, market participants and wider stakeholders.
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.
As the future of the UK’s preeminent growth market is decided, a restatement of its purpose and how it is communicated, a reset on risk, cost reductions and the stimulation of capital flows must be central to the debate.
Learn More:
Read the full report here.