Introducing your business to Plus Markets could open a route to raising finance for your company, widening the shareholder base or partially exiting your business while still retaining some shares. Companies with small numbers of shareholders (who may wish for a full exit) are unlikely to be suitable for a listing.
Flotations are not suitable for every business. The characteristics of your company, the market(s) in which you operate and the stage in the business life cycle all impact on the choice whether or not to have a listing.
Plus Markets is a market aimed at smaller enterprises. It offers the lightest regulatory requirements, costs of flotation and ongoing costs, whilst offering suitable companies the opportunity to raise funds. In addition it can offer a beneficial way for shares to be traded where private companies have a large diverse shareholder base. Plus Markets is regulated by the FSA and is subject to the same market abuse regulations as the senior markets.
At Moore and Smalley we focus on Plus Markets as this is the most appropriate market for the majority of our clients. For those companies who feel an AIM listing may be more suitable, we have the contacts to be able to facilitate those ambitions.
For more information on flotations, contact the team at corfin@mooreandsmalley.co.uk.