This was over 50% higher than last year (£6.46bn) and more than AIM’s first
10 years of fundraising put together, the firm said.
The record fundraising came despite a significantly slowing rate of market
growth by net company additions which fell by 74% (from 378 net in 2005 to an
expected 217 by the end of the year).
‘Yet again AIM has exceeded all market expectations and reconfirmed itself as
the most successful growth market the world over. Despite a slowdown in the rate
of companies joining the market, the mountain of funds raised is showing no peak
in sight – for the past four years now we have seen each year raise more and
more money,’ said
Secrett, partner within Grant Thornton Corporate Finance.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.