Company Structure

1. Why do 75% of the U.S. companies listed on London's AIM have a non-U.S. holding company?

There are four main reasons U.S. companies listed on London’s AIM have a non-U.S. holding company; tax advantage, decreased chance of the London AIM-listed company being required to register under the U.S. Exchange Act, increased liquidity on London’s AIM and protection of assets.

2. What are the advantages of setting up a U.K. holding company in connection with a London AIM IPO?

Similar to those stated above with the addition of U.K. investor familiarity with U.K. law and shareholder protections and an enhanced ability to attract London-based non-executive directors to the board of a London AIM-listed company.