The company listed on London's Alternative Investment Market
in 2006 after successfully raising pounds 15m (minus expenses of pounds 900,000) from City institutions.
Andrew Hunt, research associate at Durham University Business School commented: "The Alternative Investment Market
(AIM) can be an excellent source for funds for regional companies who need to access finance in order to realise their true growth potential.
Bruno - real name Trevor - became a millionaire when Immedia floated on the Alternative Investment Market
in December last year.
Jennings, which is listed on the Alternative Investment Market
, increased pre-tax profits by 13.5% to pounds 2.85m on sales 5.4% up at pounds 17.24m during the 12 months to February 28.
Owned by entrepreneur and former Newcastle Falcons Rugby Club chief executive,Paul Mackings, the firm is working towards floating on the Alternative Investment Market
INCREASES in admission fees will not stop the continuing growth of AIM, the Alternative Investment Market
, says Coventry business advisers Grant Thornton.
It remains to be seen whether it fares any better than the lackluster Alternative Investment Market
, launched by the LSE in the early nineties for small caps in general.
Paper and packaging group Powerflute Oyj (AIM:POWR) (Helsinki:POW1V) has submitted an application to delist its shares from First North Finland, the alternative investment market
of NASDAQ OMX Helsinki, the company announced today.
The profitable company, with EBITDA of GBP20m for 2009, is floating 25% of its equity on the Alternative Investment Market
(AIM) of the London Stock Exchange, pursuing growth and acquisition opportunities.
Modern Water, listed on the Alternative Investment Market
(AIM), is involved in the complex process of water desalination - taking seawater and making it drinkable.
The company joined the Alternative Investment Market
, with support from BPE Solicitors' corporate team.
As a result of Park's intention to transfer its stock exchange listing to the smaller Alternative Investment Market
, its shares listing on the Official List will be cancelled on October 26, subject to shareholder approval at an extraordinary meeting on September 25.
The reverse takeover deal with Interactive, which supplies adult content to mobile phone users, will see Sport Newspapers become a public company via a listing on the Alternative Investment Market
It expects to be trading on the Alternative Investment Market
by the end of this month.
For the last 11 years, businesses seeking to launch on the stock market have been able to seek a listing on the Alternative Investment Market