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Number of Aim-quoted groups drops to 22-year low in blow to London

Financial Times LogoFinancial Times12h ago

Number of Aim-quoted groups drops to 22-year low in blow to London - Financial Times

Quick Summary:

But some companies, such as Scirocco Energy, which came off the market in May, have chosen to delist because of the costs and associated burden of listing requirements.

The City has suffered from a string of larger companies choosing to list in New York in recent years in an attempt to achieve a higher valuation by tapping a greater pool of investors.

A number of bigger companies have also come off the main London stock market as a result of acquisitions.


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Article Details

Author / Journalist: Emma Dunkley

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 04:00:34 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 633 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21719967

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 10 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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