AIM - choosing your advisers


Your Nominated Adviser (Nomad), broker and other advisers will play a central role in your company's admission to AIM. This makes it vital that you choose your advisers carefully. You will all be working very closely together over a period of several months, so it's important that you are happy with your choices and feel confident that your relationship is strong right from the start.

Here are some useful questions to ask yourself when choosing your advisers:
square bullet Do they understand my business?
square bullet Do they have experience with companies in the same sector?
square bullet Do they share my vision for the company and understand where I want to take it?


Who are Nominated Advisers and what do they do?
All Nomads must be approved by the London Stock Exchange. To be authorised to act as Nomads, they must show us that they have the experience and ability to assess whether a company is suitable and ready for admission to the AIM, and to act as that company's formal 'mentor' once it has been admitted to the market.

Your Nomad might be an independent corporate finance firm, an accountant or a broker. The Nomad will:
square bullet undertake extensive due diligence to ensure your company is suitable for AIM
square bullet guide you through the flotation process
square bullet administer your admission documents and financial statements
square bullet act as your 'referee' throughout your time on AIM


Along with your company's directors, your Nomad is responsible for ensuring that your business adheres correctly to AIM's rules and regulations. Its role also includes keeping you abreast of AIM Notices and rule revisions, and making sure you honour the continuing obligations of being a public company once your business is on the market.


As an AIM company, you will be obliged to retain a Nomad throughout your time on the market.

 

Search our approved register of Nomads.


Find out how to become a Nomad.

 

Who are Brokers and what do they do?

A broker is a securities house and a member of the London Stock Exchange. If your broker happens to be the same firm as your Nomad, then we apply strict regulations to prevent any conflict of professional interest from arising between the two advisory services.

 

The broker's role is to:
square bullet provide advice to you on market- and trading-related issues
square bullet assess the level of investor interest in your shares, both as you prepare to float and in the run-up to any subsequent follow-on issues
square bullet advise on the pricing of shares and investment issues


You must have a broker to ensure that there is a sustainable market in your company's shares

 

Search our list of brokers.

Wind turbine - Search our list of brokers
Glider in the sky - Search for an AIM company
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