Investors to benefit from information provided by AIM

Following the introduction in February 2007 of Rule 26 (which requires an AIM company to maintain a website), 1,657 out of the 1,670 companies listed on the Alternative Investment Market (AIM) market now have recognised websites where investors can gain a wide range of relevant information including the latest shareholder reports.

EveryInvestor’s free company reports service, fcreports.com, provides free access to all of these companies’ reports and to the reports from PLCs listed on the London Stock Exchange (LSE). A spokesperson for EveryInvestor commented that AIM’s Rule 26 is highly prescriptive and all but 13 AIM-listed companies have made their latest financial reports available on their websites. Just a short while ago, at least 25% of AIM-listed companies were not providing this information on their websites.

The London Stock Exchange acts as the regulator of the AIM market and the rules governing disclosure by LSE-listed companies are made by the UK Listings Authority (now part of the Financial Services Authority) and are far less prescriptive.

Though large LSE-listed PLCs such as the constituents of the FTSE 100 Index do provide a vast amount of information on their websites, the quality of information provided by smaller LSE-listed firms is usually lower than that provided by AIM-listed businesses.

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