Nomad Rules meaning

This Resource Note distils the key elements of Rule 1 of the AIM Rules for Companies, centring on an AIM Company’s duty to appoint and keep a nominated adviser (a nomad) in place, and outlining the nomad’s function. It points to pertinent London Stock Exchange (LSE) materials, together with Lexis+ UK analysis and resources, to offer practical guidance on interpreting and applying Rule 1. Materials referenced in this note include: The AIM Rules The AIM Rules for Nominated Advisers (Nomad Rules) Inside AIM, the AIM Regulation team’s periodic publication AIM Notices, issued from time to time, containing updates on AIM regulatory and administrative matters Lexis+ UK and Lexis Library resources Setting the scene Rulebook: AIM Rules for Companies What it covers: Rule 1 requires an AIM Company to appoint a nomad and ensure a nomad is retained at all times, and it also describes the nomad’s basic role This framework provides practical...

This Resource Note This Resource Note summarises the key provisions of Rules 10 and 11 of the AIM Rules for Companies (AIM Rules), which concern the principles governing an AIM company’s disclosure of information and the release of price-sensitive information. It signposts pertinent materials, commentary and guidance from the London Stock Exchange (LSE), together with Lexis+® UK analysis and resources, to deliver practical support on interpreting and applying Rules 10 and 11 of the AIM Rules. Topics included in this Resource Note comprise: the AIM Rules the AIM Rules for Nominated Advisers (Nomad Rules) Inside AIM, the regular publication issued by the AIM Regulation team AIM Notices, published from time to time, containing information on AIM regulatory and administrative matters Lexis+® UK and Lexis®Library resources ...

The corporate governance framework The UK Corporate Governance Code (UKCG Code) is the leading framework for corporate governance in the UK. Under the Listing Rules and the Disclosure Guidance and Transparency Rules (DTRs), the UKCG Code applies to UK and overseas companies with a premium listing of equity shares. It does not extend to a company admitted to trading on AIM (an AIM company). For further details on the UKCG Code, see Practice Note: The UK Corporate Governance Code...

References to ‘AIM Rules’ denote the AIM Rules for Companies; references to ‘PRR’ mean the Prospectus Regulation Rules; references to ‘DTR’ concern the Disclosure Guidance and Transparency Rules; references to the ‘PR Regulation’ indicate Retained Regulation (EU) 2019/980; references to the ‘LSE’ signify the London Stock Exchange plc; and references to the ‘nomad’ mean the company’s nominated adviser...

To: [ insert company's name ] (the Company) [ insert company's address ] and [ insert nominated adviser's name ] (the Nomad) [ insert nominated adviser's address ] [ insert date ] Dear [ insert text ] Proposed [placing of [ insert number ] ordinary shares of [ insert amount ] pence each in the capital of the Company (the Placing) and ] application for admission of the issued [and to be issued] ordinary shares (the Ordinary Shares) of the Company to trading on AIM, a market operated by the London Stock Exchange (the LSE) (the Admission) I, [ name and address of director or proposed director ], being a [ proposed ] director of the Company, acknowledge that, in connection with the Admission, an admission document[, which is also a prospectus,] (the Admission Document) will be required, prepared in accordance with the AIM Rules for Companies (AIM Rules) [ and the Prospectus Regulation Rules of the FCA ], together with such other materials, application...

This Agreement is entered into on [ insert day and month ] 20[ year ] Parties [ insert name of company ], a company incorporated in [ England and Wales ] with registered number [ insert company number ], whose registered office is at [ insert address ] (the Company); and [ insert name of the nominated adviser ], a company incorporated in England and Wales with registered number [ insert company number ] whose registered office is at [ insert address ] (the Nomad). Recitals [ The Company is pursuing admission to trading on AIM of the entire ordinary share capital OR The entire ordinary share capital of the Company is admitted to trading on AIM ]. The Nomad has agreed, on the terms and conditions set out in this Agreement, to act as Nominated Adviser [ and [ exclusive ] Broker ] to the Company (as such role [ s ] [ is OR are ]...