Nominated adviser's declaration meaning

A nominated adviser’s declaration is the formal confirmation a company’s nominated adviser (Nomad) must give to the london stock exchange as part of an application for admission to trading on aim. In practice, it evidences that the Nomad has carried out appropriate due diligence, considers the applicant and its directors suitable for AIM, and is satisfied the company understands and can comply with the AIM Rules. This is not a statutory or case law concept. It is a prescribed form under the AIM Rules for Nominated Advisers (the Nomad Rules) and must be submitted to AIM Regulation at least three business days before the expected admission date, alongside the AIM application materials. Key features include: confirmations on the Nomad’s work done, the applicant’s suitability and governance arrangements, and the company’s preparedness to meet continuing obligations. Admission will not proceed without a compliant declaration. Usage is consistent across England & Wales, Scotland and Northern Ireland. Irish and other non‑UK companies seeking admission to AIM must also provide the declaration through their UK Nomad. For Irish domestic markets, a separate regime applies (for example, Euronext Growth Dublin uses its own adviser declaration), but that is distinct from the AIM process. The current form is...