AIM new arrivals November 2016
November 2016 proved to be a more encouraging month for IPOs on AIM with several really interesting new arrivals. While there was a small net decline in number of companies we consider there was once again a net improvement in quality. Our latest Blog covers all the new arrivals, including the aptly named Warpaint which looks compelling. Following the re-shuffle our updated AIMsearch search tool offers guidance on which AIM companies benefit from the valuable inheritance tax reliefs.
London Stock Exchange statistics reveal that at the end of November 2016 there were 993 companies on AIM with the total market value £81.17bn. This compares with 995 companies on AIM at the end of October 2016 when the market value was £80.83bn. Six companies left AIM including Digital Globe Services which was acquired by its largest shareholder. There were 4 new arrivals which we cover below. Angus Energy PLC (AIM:ANGS) operates a UK onshore focused oil and gas business with majority interests in two production oil fields in the UK Weald Basin in southern England, with development and exploration…