Powered by Lexis+®
Jurisdiction(s):
United Kingdom
CASE STUDY

“LexisPSL and the other Lexis solutions support our business in exactly the way we want. They enable us to quickly turn around work and deliver the best possible service to our clients.”

SBP Law

Access all documents on AIM Designated Market

AIM Designated Market meaning

What does AIM Designated Market mean?
In legal practice, an aim Designated Market is a stock exchange or regulated market that the london stock exchange (LSE) recognises as qualifying an issuer for the AIM Designated Market Route, a streamlined process for admitting securities to AIM. The expression is not defined in legislation or case law; it is used in the AIM Rules for Companies, the AIM Rules for Nominated Advisers and related LSE guidance. The LSE maintains and updates the list in its AIM Designated Market Route notice. An applicant whose securities have been traded on a designated market for at least 18 months may apply for AIM admission via this fast-track route. The process typically shortens the timetable and reduces documentation compared with a standard AIM admission, but the issuer must appoint a nominated adviser (Nomad) and satisfy the AIM eligibility and ongoing compliance requirements. Usage is consistent across England & Wales, Scotland and Northern Ireland. Irish issuers can also use the route when seeking admission to AIM (operated by the LSE), subject to the same requirements. Practitioners should check the current LSE list of AIM Designated Markets and any conditions attached to the route before advising on a migration, dual listing or transfer from another exchange.
Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

View the related News about AIM Designated Market

NEWS
Energy law update: grid connections reform, Ofgem consumer outcomes and GSoP reviews, nuclear policy (EN-7, LLW liability), EU 2040 target, and key consultation deadlines, 13 November 2025

In this issue: Electricity and gas market regulation and licensing Networks and network connections Nuclear energy Air emissions, efficiency, and climate change International energy Dates for your diary Trackers Energy resources on Lexis+® Daily and weekly news alerts Electricity and gas market regulation and licensing Ofgem launches dual Calls for Input on 'Consumer Outcomes' and a review of supplier GSoP Ofgem has launched two connected Calls for Input on: (1) proposals for a new suite of cross-cutting 'Consumer Outcomes' to steer an outcomes-based regulatory model; and (2) a root-and-branch review of the supplier Guaranteed Standards of Performance (GSoP). Both remain open until 22 January 2026, aiming to create a simpler regime that safeguards consumers while enabling innovation. See: LNB News 10/11/2025 8. Electricity Code Modifications Information on every live change to the Connection and Use of System Code (CUSC), the Grid Code (GC), the System Owner—Transmission Owner Code (STC), and the...

Read More Right Arrow

View the related Practice Notes about AIM Designated Market

PRACTICE NOTES
AIM Rules for Companies 2–6: Admission process, LSE/Inside AIM guidance, ADM route, working capital, and 2017–2025 consultations (dual‑class shares, second lines of securities)

This Resource Note summarises the key elements of Rules 2, 3, 4, 5 and 6 of the AIM Rules for Companies (AIM Rules), which govern the process for seeking admission to trading on AIM. These provisions address pre-admission announcements, the admission document, circumstances allowing omissions from admission documents, and the mechanics of admission to AIM. The Note also flags essential materials, commentary and guidance from the London Stock Exchange (LSE), together with Lexis+® UK analysis and resources, to provide practical assistance on interpreting and applying Rules 2 to 6 of the AIM Rules... the AIM Rules the AIM Rules for Nominated Advisers (Nomad Rules) Inside AIM, the periodic publication from the AIM Regulation team AIM Notices, issued periodically and containing information on AIM regulatory and administrative matters Lexis+® UK and Lexis®Library resources Setting the scene Rulebook: AIM Rules for Companies What it covers: Rule 2 requires a company applying for admission to AIM (applicant) to give...

Read More Right Arrow
PRACTICE NOTES
AIM Admission (UK): Requirements for UK-incorporated Applicants—Company and Securities Criteria, Nomad and Broker, Admission Documents and Process, Special Regimes, Governance, Dealing Policy, LEI, and 2025–26 Rule Changes

A company seeking admission to trading on AIM (AIM admission) must satisfy the AIM Rules for Companies (AIM Rules) and also comply with: the UK legal requirements for offers of securities restrictions on financial promotions any legal obligations in a jurisdiction where the securities are being offered if incorporated outside the UK, the corporate and securities laws of its country of incorporation This Practice Note explains how these obligations apply to a company incorporated in the UK that is not a ‘quoted applicant’. The London Stock Exchange provides a fast-track route to AIM for certain companies whose securities have been traded on an AIM Designated Market (including the Official List) for at least 18 months before applying to AIM (described as quoted applicants in the AIM Rules). For more detail, see Practice Note: Admission to AIM—fast track route. The company A company incorporated in the UK that is applying for AIM admission must be a validly incorporated public company...

Read More Right Arrow
PRACTICE NOTES
London Stock Exchange AIM Fast-Track Admission (Designated Market Route): Eligibility, Pre-Admission Disclosure, Prospectus Requirements and Nomad Role

AIM Designated Market Route ( ADMR ) A company ( quoted applicant ) whose securities are already traded on another specified venue ( AIM Designated Market ) can seek admission to AIM via the AIM Designated Market Route ( ADMR ). The ADMR offers an efficient and cost effective way for a quoted applicant to be admitted to trading on AIM. The existing AIM Designated Markets comprise the top tier markets of: Australian Securities Exchange Johannesburg Stock Exchange NASDAQ NYSE SIX Swiss Exchange TMX Group Official List of the Financial Conduct Authority any UK or EEA regulated market or SME Growth Market registered in accordance with the relevant laws...

Read More Right Arrow

View the related Precedents about AIM Designated Market

PRECEDENTS
Template board minutes approving share allotment for secondary placing and/or open offer, conditional on FCA/LSE or AIM admission, with Companies House SH01 filing (UK Companies Act 2006)

Company number: : [ insert number ] [ insert company name ] [ Plc OR Limited ] Minutes for a meeting of [ a committee of ] the board of directors ( Meeting ) of [ insert name of the Company ] [ plc OR Limited ] ( Company ) Convened at [ insert place of meeting ] On [ insert day, month and year of meeting ] at [ insert time of meeting ] [ am OR pm ] Present: [ Insert names of the director(s) physically present ] [ [ Insert names of any directors present by remote means (unless such means are specifically excluded by the Company’s articles of association ] (by [ insert mean of attendance for each director attending remotely ]) ] [ In attendance: ] [ [ Insert name of anyone in attendance, who does not count towards the quorum for the Meeting (eg the company secretary, any legal advisers) ] ] [ Apologies: ] [ [ Insert names of any directors who are...

Read More Right Arrow