| ABI |
The Association of British Insurers
|
| admission/
admitted |
admission of any class of securities to AIM effected by a
dealing notice under rule 6 of the AIM Rules
|
| admission
document |
a document produced in connection with admission
|
| AIM |
a market operated by the LSE
|
| broker |
a member firm which is appointed by an AIM company pursuant to
rule 35 of the AIM Rules
|
| CREST |
the electronic settlement system for UK and Irish securities
operated by Euroclear. It offers firms and
individual investors the opportunity of holding securities in
uncertificated form and transferring them electronically
|
| DIs/depositary
interests |
UK securities representing an underlying interest in an overseas
security, issued on a one-for-one basis
|
| equity
fundraising |
a method of raising capital via the issue of shares in the
business to investors, usually for the medium to long-term, whereby
those investors receive share of the ownership and, sometimes, an
element of control of the business
|
| feeder
funds |
funds that are specifically created to invest in a single
private equity fund
|
| FSA |
The UK Financial Services Authority
|
| IPO |
an initial public offering, whereby a company offers securities
to the public for the first time and obtains a first listing for
its securities on an exchange
|
| listed |
Admitted to the Official List of the United Kingdom by the
Competent Authority for the United Kingdom.
|
| LSE or
Exchange |
London Stock Exchange plc
|
| Main Market |
The Official List of the United Kingdom
|
|
Nomad/ nominated advisor
|
an adviser for
companies listed on AIM that is approved by the
LSE |
| Prospectus
Rules |
The Prospectus Rules published by the FSA from time to time
|
| reverse
takeover |
a takeover or acquisition where the result of the transaction is
that the shareholders selling shares in the target company become
the holder of the majority of shares in the acquiring company
immediately following the acquisition.
|
| secondary
fundraisings |
an issue of shares by a company whose shares are already listed
and traded on a stock exchange, these would include rights issues,
open offers, placings and vendor placings
|
| UKLA |
United Kingdon Listing Authority |
