Updated for the second edition, this text distils the experience gained from the Alternative Investment Market which was launched to meet finance needs of small, young, growing companies and has proved successful in providing access to capital for hi-tech, biotech and IT companies.

The second edition of this popular title distills the experience gained from the Alternative Investment Market's first five years. It highlights the enormous changes which have affected the market since publication of the first edition 3 years ago, to provide an essential business guide for all AIM company advisers. These changes include the surprise performance of smaller companies and the impact of rapid growth in the IT sector. Co-written by a company lawyer and a stockbroker, the book is a practical hands-on reference on all the legal, financial and business issues that are likely to arise. It includes statutory materials, AIM rules, precedents and forms, combined Codes of Practice, and a list of useful names and addresses.

The Alternative Investment Market
the nominated adviser and nominated broker
the admission document
responsibilities of directors and other persons involved in an admission to AIM
continuing stock exchange requirements
company law compliance, ancillary agreements and documentation
company accounts - regulations on admission to AIM
company accounts - continuing requirements following admission
taxation and the AIM company
trading and settlement of AIM
the alternatives.