Alternative Investment Market


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Alternative Investment Market

n
(Stock Exchange) a market on the London Stock Exchange enabling small companies to raise capital and have their shares traded in a market without the expenses of a main-market listing. Abbreviation: AIM
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The price paid for each share purchased on First North or each depositary interest purchased on the Alternative Investment Market of the London Stock Exchange (AIM) will be based on the prevailing market price quoted on AIM.
Kea Petroleum PLC (Kea), an oil and gas exploration company, is planning to join London's Alternative Investment Market in an initial public offering (IPO).
It could create jobs at its Liverpool headquarters in Water Street and will trade on the Alternative Investment Market.

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