Memery Bank: changes to the AIM rules
By Michael Dawes
AIM has announced changes to the AIM Rules for Companies and the AIM Rules for Nominated Advisers. This follows a consultation paper released at the end of January.
For companies, the changes are relatively minor but there are some clarifications and practical consequences that directors of AIM-listed companies should understand. These are summarised in the first section below.
For nominated advisers, the amendments are more important as they amend and clarify a number of points around the eligibility of nomads on an ongoing basis. These changes are summarised in the second section below…
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