Having grown its revenues to £81.1m as a private company, Hotel Chocolat has announced it will list on London’s Alternative Investment Market (AIM) to fuel further expansion.
With “exchanges” clearly seeing providing the facilities to list and trade equities as of ever diminishing importance, it doesn’t take much of a mental leap to realise at the monthly board meetings of the directors of MegaExchange, AIM will never be given any agenda airtime at all.
On the back of its share price falling by over 25 per cent inside six months, online clothing and apparel retailer Asos has revealed founder Nick Robertson is standing down from his role as CEO – handing the reins over to the company’s CFO.
Independent cinema group Everyman has put the finishing touches to a deal which sees it add destinations in Muswell Hill, Barnet, Esher and Gerrards Cross.
With AIM now more than two decades old, Ashfords partner James Lyons analyses how much of a success it has been as a junior market, and just what goes into becoming a public company these days.
When the London Stock Exchange’s Alternative Investment Market was launched 20 years ago today it had only ten companies worth an aggregate market value of £82m. Fast-forward and over 3,500 companies have floated raising more than £90bn.
In a week which is supposed be be showcasing the fast-growth London technology sector, it is alarming that a special on-ramp designed to make it easier for these companies to float has only had two takers.
On the eve of its 20th birthday, 850 of the Alternative Investment Market’s (AIM) 1100 companies have pledged to “open doors to apprentices” as part of a drive to encourage more high-growth SMEs to use the recruitment and training process.
As London’s Alternative Investment Market (AIM) reaches its 20th birthday, Real Business decided to look back over its eventful history and select the ten businesses we believe show what success can come from listing on the exchange.
The number of growth seeking US companies listing on London’s AIM market is set to double by the end of the decade.
From wine makers to those at the helm of fast-growth technology businesses, our "I'm voting as…" series will be unearthing the desires of business leaders in the approach to the 2015 general election. Next in the firing line is a well-known face from the fund manager space, Gervais Williams.
The founder of Naked Wines has been appointed CEO of Majestic Wine after the former was purchased in a deal worth up to £70m.