AIM Update - IPOs, Market Abuse, MiFID II & Other Topical Issues
AIM has had an eventful year, with a significant change to its regulatory status and new rules coming into force for AIM companies and nominated advisers. These changes have come as AIM companies continue to adapt to life under the Market Abuse Regulation.
Since September 2018, AIM companies are subject to a new corporate governance regime and must ‘comply or explain’ against a recognised corporate governance code.
This one hour webinar is suitable for in-house counsel, nominated advisers, corporate finance practitioners and corporate lawyers. The webinar will update participants on all of the latest developments including admission, corporate governance, fundraising and market abuse and will highlight what you will need to do differently going forward.
The webinar will also explore the lessons to be learnt from a recent disciplinary action for market abuse.
What You Will Learn
This webinar will cover the following:
- AIM IPOs and fundamental changes to the AIM admission process including:
- The new additions to the AIM IPO timeline - early discussions with the LSE and submission of an early notification form
- The new guidance to admission responsibilities for nomads, including examples of matters which could affect whether a company is appropriate for AIM
- Corporate governance - companies are now subject to a new corporate governance regime and must ‘comply or explain’ against a recognised corporate governance code:
- Recent changes to the QCA Corporate Governance Code, the code of choice for many AIM companies
- The LSE’s expectations as to how AIM companies should meet the obligation to ‘comply or explain’ against their chosen code
- AIM's new SME Growth Market status
- How this status affects AIM companies' obligations under the Market Abuse Regulation
- The implications for fundraisings by AIM companies under the Prospectus Regulation (or its post-Brexit equivalent)
- How changes under MiFID II could introduce a free float requirement into AIM's eligibility criteria'
- Market abuse - the recent disciplinary action taken against Tejoori Limited under the Market Abuse Regulation regarding release of inside information