AIM Industry Report 2017/18

11 MARKET UPDATE AIM DEVELOPMENTS THIS YEAR ON AIM This section focuses on the developments in the AIM market since our last report, including legislative and political factors and statistical analysis. TOTAL FUNDRAISING The September 2017 figures showed that there were 959 companies quoted on AIM with a total market value of £100,238 million. While there were 23 fewer companies this year, the market value grew by about 25%. The drop mainly came from a decreased number of international companies in 2017 which we suspect is partly due to the Brexit decision that had a negative impact on overseas business confidence in the UK. However, with the market value surpassing last year’s figure by 25%, only three-quarters of the way into the year, the AIM market looked remarkably resilient to Brexit uncertainty. In total, 3,754 companies have joined AIM since 1995. In the calendar year to September 2017, 47 UK and six international companies had issued new shares on AIM including both IPO and non-IPO offerings; both figures are lower than those of 2016 where the numbers of new issues were 55 UK and nine international. TOTAL NUMBER OF COMPANIES MARKET VALUE BY YEAR (£M) 200 0 400 600 800 1,000 1,200 1,400 1,600 1,800 1995 2000 2003 2006 2009 2012 2015 1996 1998 2001 2004 2007 2010 2013 2016 2017 1997 1999 2002 2005 2008 2011 2014 SOURCE: LSE AT SEPTEMBER 2017 SOURCE: LSE AT SEPTEMBER 2017 120,000 100,000 80,000 60,000 40,000 20,000 0 1995 2000 2003 2006 2009 2012 2015 1996 1998 2001 2004 2007 2010 2013 2016 2017 1997 1999 2002 2005 2008 2011 2014 NUMBER OF NEW ISSUES (IPO AND NON-IPO) 1995 2000 2003 2006 2009 2012 2015 1996 1998 2001 2004 2007 2010 2013 2016 2017 1997 1999 2002 2005 2008 2011 2014 600 500 400 300 200 100 0 UK INTERNATIONAL Launch to date (Sept 2017) UK INTERNATIONAL TOTAL 3,084 670 3,754