Suspension of trading in AIM securities and cancellation of AIM admission


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Corporate expert
Practice notes

Suspension of trading in AIM securities and cancellation of AIM admission


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Corporate expert

Practice notes
imgtext

This Practice Note focuses on the suspension of trading in an AIM company’s securities and cancellation of trading in an AIM company’s securities.

Suspension of trading in AIM securities

As a general principle, the London Stock Exchange (LSE) will keep interruptions to the trading of shares on AIM to a minimum. However, where an AIM company has breached the AIM Rules for Companies (AIM Rules) or a suspension is necessary for the protection of investors, the LSE may suspend trading in the AIM company’s shares.

Continued compliance with the AIM Rules during suspension

During a suspension, an AIM company must continue to comply with the AIM Rules.

Suspension of trading in AIM securities by the LSE

Under the AIM Rules, the LSE will usually suspend trading in an AIM company’s securities in the following cases:

  1. •

    failure to have a nominated adviser (or nomad) (AIM Rule 1)

  2. •

    the LSE considers that the AIM company has failed to comply with the AIM Rules for Companies (AIM Rule 40)

  3. •

    trading in

Powered by Lexis+®
Jurisdiction(s):
United Kingdom
Key definition:
Suspension definition
What does Suspension mean?

When the construction works are put on hold at the request of the employer until notice is given to recommence.

Read more

Popular documents

Reverse takeovers—AIM

Reverse takeovers—AIMSTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that remains in

AIM Rules for Companies—Rules 12, 13, 14, 15 and 16—disclosure of corporate transactions

AIM Rules for Companies—rules 12, 13, 14, 15 and 16—disclosure of corporate transactionsThis Resource Note outlines the main provisions of Rules 12, 13, 14, 15 and 16 of the AIM Rules for Companies (AIM Rules), which deal with the disclosure of corporate transactions by an AIM company. It highlights

Memorandum on the responsibilities and obligations of a director of an AIM company

Memorandum on the responsibilities and obligations of a director of an AIM companySTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in

If planning permission imposes restrictions on a licensed premises opening hours, once operational can

If planning permission imposes restrictions on a licensed premises opening hours, once operational can the personal licence holder apply for a Temporary Events Notice (TEN) to open for longer hours than those permitted in the planning permission?To use any property for a licensable activity both