History
Since its launch in 1995, over 2,500 companies have joined AIM − raising more than £34bn in the process, both through initial public offerings (IPOs) and further capital raisings. Many companies have made the transition to the Exchange's Main Market following their success on AIM.
When the London Stock Exchange created AIM, the objective was to offer smaller companies − from any country and any industry sector − the chance to raise capital on a market with a pragmatic and appropriate approach to regulation. With this in mind, AIM was designed to be a flexible public market offers certain characteristic facilities both for companies and investors.
The index is reviewed quarterly, and the constituent companies may change based on market capitalisation data as at the end of February, May, August and November.
Read more about this topic: FTSE AIM 100 Index
Famous quotes containing the word history:
“To a surprising extent the war-lords in shining armour, the apostles of the martial virtues, tend not to die fighting when the time comes. History is full of ignominious getaways by the great and famous.”
—George Orwell (1903–1950)
“Social history might be defined negatively as the history of a people with the politics left out.”
—G.M. (George Macaulay)
“Both place and time were changed, and I dwelt nearer to those parts of the universe and to those eras in history which had most attracted me.”
—Henry David Thoreau (1817–1862)