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Aim delistings in September fall
Aim delistings for September hit an 18-month low yesterday, in the latest sign that the worst of the downturn has passed. Just 15 companies delisted last month, the lowest amount since March last year, data from City law firm Trowers & Hamlins LLP and accountants UHY Hacker Young will show today. The total number of companies delisting from Aim during the third quarter fell
by 10 per cent on the previous quarter, to 65 companies, down from 72 companies during the second quarter.
A total of 527 companies have delisted from Aim since the credit crunch bit
two years ago – 295 in the last 12 months. “Financial stress is now the dominant cause of AIM delistings,”
the report will say.