July 2016 – AIM new arrivals
With the summer holidays around the corner it was a quiet month for new issues on AIM with 2 genuine new arrivals and 2 re-admissions. It was good to welcome a rare Italian business with SEC S.p.A., a well-established and profitable Italian public relations firm, admitted to AIM in the month. Our updated AIMsearch search tool offers guidance on which AIM companies benefit from the valuable tax benefits. For more on both the new and re-admissions, including a highly profitable provider of tax systems read on…
At the end of July 2016 there were 1,010 companies on AIM with the total market value £77.396bn. This compares with 1,013 companies on AIM at the end of June 2016 when the market value was £71.745bn. The FTSE AIM 100 index joined the post Brexit party rising 7.2% in the month with strong performances from some of AIM’s larger companies. AIM leavers in the month included some perennial under achievers (Outsourcery and Seaenergy, to name two!) with the new arrivals including a couple mature and highly profitable businesses and a well-funded investment vehicle – yet again a case of…