Question

[ffsear]

Hi

If buy shares in a company listed on the AIM, what happens if they decide to change their listing from the AIM to the LSE while I have the position open? Will I be closed out and re-opened, or will my origional buy position still stand.

I would like to know this position regarding buying the physical shares, CFD’s and Spreadbetting.

Thanks

 

[foredog]

Shouldn't change a thing as both are LSE markets and it's be the same as something going from FTSE100 to 250 i believe.

 

[ffsear]

but I thought the AIM was a seperate exchange from the LSE, while Ftse100 and 250 are both on the LSE itself. Please correct me if I'm wrong.

 

[foredog]

AIM is owned by the LSE. It's like LSE light!

It will make no real difference to you, except maybe for the CGT thing on Aim stocks, if that still exists....

 

[glyder]

but I thought the AIM was a seperate exchange from the LSE, while Ftse100 and 250 are both on the LSE itself. Please correct me if I'm wrong.

Hi ffsear
AIM is a separate exchange (owned by LSE) but the shares remain the same, just traded in a different market place.
There is no sale and buy back involved.
To take it a step further, even if the shares became deregistered from any exchange you would still own the same shares. Just would have no easy market place to sell them.

 

[ffsear]

Great, thaks guys!

 

[megamuel]

Does the value change much when a share moves from AIM to FTSE? You'd think it would attract more buyers?