LONDON STOCK EXCHANGE PLC 
- AIM the world's most successful growth market, reaches £100 billion raised through IPO and Secondary issues in market's 22 year
- Since 1995, more than 3,500 UK and international companies have joined AIM to raise growth capital
- New AIM companies in 2016 up 39 per cent post-IPO; raised record average of £30m
- Market maturity demonstrated in development over the last ten years
London Stock Exchange today announces that AIM, the market for smaller growth companies, has helped companies from the UK and around the world to raise more than £100 billion, underlining its status as the world's leading growth market.
Founded in 1995, AIM has been a source of long term, growth capital for more than 3,500 companies from around the world. Of the almost 1,000 companies quoted on AIM today, 290 are headquartered or have the majority of their operations outside the UK. Last year alone more than 300 companies used the market to raise new or further development capital, underlining its unparalleled capacity to act as a vital source of permanent capital.
In the three years following the financial crisis, AIM business raised more than £16bn, providing a crucial lifeline to companies caught in the period's economic turbulence. In total, more than £58bn has been raised via further issue by AIM companies and investment in the market today is now split evenly between retail and major institutional investors.
The market finished 2016 on a high as the 38 companies that floated on AIM, including household names such as Joules, Hotel Chocolat and Time Out Group, ended the year up more than 39 per cent on average.
This success is one of many signs of AIM's increasing maturity as a market. Post-IPO performance over the last three years has been: +16 per cent on average. And compared to 10 years ago, the average new AIM company is significantly larger: £88m versus £17m in 2005 and raising more capital: £30m versus £5m.
Xavier Rolet, CEO, London Stock Exchange Group said:
'AIM is a jewel in Britain's financial crown, a uniquely successful global market created in the UK. It is fulfilling its promise to fund the real economy, supporting ambitious, innovative, job creating growth companies. The firms in London and across the UK that support AIM should feel immensely proud of this achievement. This is yet more evidence of London's unique financial ecosystem that distinguishes it as a leading global financial centre.'
AIM: - Key statistics
New AIM company average performance | 2016 | +39% |
New AIM company average performance | 2014-16 | +16% |
New AIM company average market cap | 2014-16 | £88m |
AIM company average market cap | 2005 | £17m |
Average money raised at IPO | 2014-16 | £30.3m |
Average money raised at IPO | 2005 | £5m |
AIM - A global market
AIM is truly a market for companies from around the world. Of the almost 1,000 quoted AIM companies, 290 are headquartered or have the majority of their operations outside the UK.
Top performing new AIM companies 2016
Issuer | Admission date | Money raised at IPO | Current market cap | Share price performance | Sector | Country of Primary Business |
Blue Prism Group plc | 18-Mar-16 | 21.1 | £261.3m | 438.5% | Software & Computer Services | United Kingdom |
Franchise Brands plc | 05-Aug-16 | 3.5 | £31.8m | 101.5% | General Retailers | United Kingdom |
MaxCyte Inc | 29-Mar-16 | 10.0 | £59.0m | 93.6% | Pharmaceuticals & Biotechnology | United States |
Hotel Chocolat Group plc | 10-May-16 | 55.5 | £318.2m | 90.5% | Food Producers | United Kingdom |
Yu Group plc | 17-Mar-16 | 10.0 | £45.7m | 75.7% | Gas, Water & Multiutilities | United Kingdom |
Cerillion Technologies Ltd | 18-Mar-16 | 10.0 | £37.5m | 67.1% | Software & Computer Services | United Kingdom |
Directa Plus plc | 27-May-16 | 12.8 | £54.4m | 64.0% | Chemicals | Italy |
Harwood Wealth Management Group plc | 29-Mar-16 | 13.5 | £73.7m | 63.6% | Financial Services | United Kingdom |
Angus Energy Plc | 14-Nov-16 | 23.0 | £21.0m | 62.5% | Oil & Gas Producers | United Kingdom |
Filta Group Holdings plc | 04-Nov-16 | 6.2 | £33.4m | 49.4% | Support Services | United Kingdom |
Top performing new AIM companies 2014-16
Of particular note has been the variety of the highest performing new AIM companies over the last three years. They operate in sectors as diverse as beverages to high end software and IT. They all joined AIM with relatively large initial market capitalisations, demonstrating the market's ability to fund high growth mid-caps as well as smaller businesses.
Issuer | Admission date | Money raised at IPO | Market cap | Share price performance | Sector | Country of Primary Business |
Fevertree Drinks | 07-Nov-14 | £93m | £247m | 691.8% | Beverages | UK |
4D Pharma | 18-Feb-14 | £16m | £61m | 622.5% | Pharmaceuticals & Biotechnology | UK |
Blue Prism Group | 18-Mar-16 | £21m | £47m | 438.5% | Software & Computer Services | UK |
Gear4music | 03-Jun-15 | £10m | £43m | 211.2% | Leisure Goods | UK |
Quartix Holdings | 06-Nov-14 | £11m | £87m | 203.9% | Software & Computer Services | UK |
Fulham Shore | 20-Oct-14 | £1.6m | £32m | 189.6% | Travel & Leisure | UK |
- Ends -
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Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (Europe's leading fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, including retail investors, institutions and SMEs unrivalled access to Europe's capital markets. The Group also plays a vital economic and social role, enabling companies to access funds for growth and development.
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $10 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, XTF and RNS.
Post trade and risk management services are a significant part of the Group's business operations. In addition to majority ownership of LCH, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house; Monte Titoli, a leading European custody and settlement business; and globeSettle, the Group's CSD based in Luxembourg.
LSEG is a leading developer and operator of high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group's own markets. Additional services include network connectivity, hosting and quality assurance testing. MillenniumIT, GATElab and Exactpro are among the Group's technology companies.
Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 3,500 people.
Further information on London Stock Exchange Group can be found at www.lseg.com
London Stock Exchange plc published this content on 13 January 2017 and is solely responsible for the information contained herein.
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