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The London Stock Exchange Introduces New Rules to Allow Foreign Corporations Fast-Track Entrance to its Alternative Investment Market

June 01, 2003

By Keith Ott and Kevin Evans

The London Stock Exchange has recently introduced new rules that allow overseas companies that are already quoted on other major international markets to apply to join its junior market, AIM, without the need to issue a full prospectus or repeat the original initial public offering exercise in the United Kingdom. The changes offer the possibility of a secondary trading facility with a pragmatic regulatory environment at a fraction of the previous expense and time.

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