August 2016 AIM new arrivals and departures - AIM surpasses £80bn
Despite being a traditionally quieter month, August 2016 proved to be quite encouraging for new issues with 4 genuine new arrivals and 1 re-admission - although this is a far cry from the heady/manic days of 2007 which we comment on below. We welcomed another high growth offering from the automotive sector which will hopefully find similar success to one of our AIM favourites AB Dynamics. Our updated AIMsearch search tool offers guidance on which AIM companies benefit from the valuable tax benefits. For more on the new admissions, including a return for one former AIM constituent read on…
At the end of August 2016 there were 1,007 companies on AIM with the total market value £80.568bn. This compares with 1,010 companies on AIM at the end of July 2016 when the market value was £77.396bn. Looking back through the statistics from the London Stock Exchange, August 2016 also represented the first time AIM had breached the £80bn month end market cap level since February 2014 when companies with a total market value of £1bn were admitted. August 2016’s new arrivals had a market capitalisation on AIM admission of only £197m highlighting the strong growth of the market as…