What is one requirement for a company listing on AIM?

For a company seeking to list on the Alternative Investment Market (AIM), one of the crucial requirements is the appointment of a nominated advisor, commonly referred to as a NOMAD. The role of the NOMAD is to help guide the company through the listing process and ensure that it meets the regulatory requirements set by the London Stock Exchange. NOMADs are responsible for advising companies on compliance, reporting obligations, and overall governance, acting as a bridge between the company and the exchange. This requirement is pivotal for maintaining market integrity and investor confidence, as it ensures that companies have the necessary advisory support during their application and subsequent trading.

Other options listed involve various conditions but do not apply specifically as a requirement for AIM. For instance, while public limited companies are typical on stock exchanges, AIM is open to a broader range of company structures. Also, there is no strict minimum market capitalization of £30 million required to list on AIM, as companies can list with lower valuations. Lastly, there is no requirement for companies to have a five-year trading history, which differentiates AIM from other markets that may impose stricter criteria for listing. Thus, the unique requirement for a NOMAD distinguishes AIM’s approach to facilitating access for smaller and mid-sized firms looking to raise