NOMAD

Nomads: Acronym for Nominated Advisers. Under the AIM Italia Rules for Nominated Adviser (3 December 2009), each company that applies to the Alternative Investment Market (AIM) must appoint and retain a Nomad to guide it through the admission process and its subsequent time as a public company. Nomads are in general investment banks, corporate finance firms or accountancy firms that are responsible for ensuring that the company is suitable for AIM, and that the company continues to respect its obligations under the AIM Rules during its life as a public company. The London Stock Exchange, through the AIM Rules for Nominated Advisers, sets the eligibility criteria to safeguard the integrity of the market and to ensure high-quality advice for all AIM companies. The final approval is made by the Exchange's AIM Regulation team and a full list of Nomads and their contact details is made public on the Exchange’s website at www.londonstockexchange.com/aim.
Link: http://www.londonstockexchange.com/companies-and-advisors/aim/advisers/advisers.htm
Editor: Bianca GIANNINI
© 2010 ASSONEB