AIM IPOs September: new kids on the AIM block
September was another quiet month for IPOs on AIM, but the new joiners featured a couple of interesting companies, one of which is touching many of our lives through its provision of digital services to the UK public sector. Read on here to find out more about the new kids on the AIM block.
At the end of September 2021 there were 835 companies on AIM, with the total market value of London's growth market £149 billion. This compares to 836 companies at the end of August 2021, when AIM’s market value was also £152 billion. There were 4 genuine new arrivals in the month (ignoring reverse takeover), and 5 departures. The AIM index as a whole fell 3.8% in September, underperforming the UK index of 100 largest main market companies, which was only 0.46% lower. At the end of September 28 AIM companies were valued at more than £1 billion each, down from the 30…