AIM IPOs August: record number of £billion companies on AIM
August brought the traditional holiday lull for IPOs on AIM, with the corporate community clearly preferring the beach. Our regular free update here covers all the newcomers to AIM in the month, while our AIMsearch tool can also tell you which of these, and other AIM companies, benefit from the valuable Inheritance Tax reliefs – there was a qualification change for one of AIM’s largest companies recently. Read on to find out more about the new arrivals.
At the end of August 2021 there were 836 companies on AIM, with the total market value of London's growth market £152 billion. This compares to 837 companies at the end of July 2021, when AIM’s market value was also £147 billion. There were 3 new arrivals in the month, and 4 departures. The AIM index as a whole rose 3.34% in August, ahead of the UK index of 100 largest main market companies, which rose 1.24%. At the end of August a record 30 AIM companies were valued at more than £1 billion each, with Maxcyte (LON:MXCT), Focusrite (LON:TUNE)…