Pre-flotation preparation
24-36 months before admission
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Develop a robust business plan |
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Ensure contracts are in place with customers and suppliers |
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Review management information systems and operational and compliance controls |
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Consider ownership and tax issues | |
12-24 months before admission
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Read the Exchange's flotation pack |
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Attend one of our flotation seminars |
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Contact us for a one-to-one meeting |
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Adopt 'best practice' corporate governance standards |
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Complete any planned strategic initiatives such as acquisitions | |
6-12 months before admission
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Review and plan your investor relations (IR) strategy |
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Ensure you have independently-audited financial accounts, if applicable, for a three-year period |
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Consider commissioning an independent expert's report on your business |
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Make any necessary changes to the executive board |
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Appoint non-executive directors |
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Ensure your company is incorporated under the relevant laws |
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Consider whether to conduct pre-flotation fundraising |
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Decide on the method of flotation |
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Hold a beauty parade of advisers | |
The admission process
12-24 weeks before admission
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Appoint your advisers |
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Instruct all advisers |
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Agree the timetable to admission | |
6-12 weeks before admission
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Review any problem areas that have emerged |
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Produce the draft prospectus/admission document |
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Produce the first draft of the other required documents |
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Conduct the initial review of pricing issues |
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Review PR presentations |
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Host analyst presentations | |
1-6 weeks before admission
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Continue drafting meetings |
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Carry out and complete due diligence |
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Hold PR meetings and roadshow |
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Register the prospectus with the UKLA |
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Submit 10-day announcement to Exchange of intention to join AIM | |
1 week before admission
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All documents completed and approved |
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Pricing and allocation of the offer |
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Register the prospectus |
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Sign subscription agreement |
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Bulk print final prospectus | |
Admission week