[Last updated: 1 January 2024, unless otherwise noted]

As there is only one type of AIM admission, there is no difference between fees payable for admissions and secondary admissions. All fees below are quoted excluding VAT.

Initial admission

The LSE charges fees on admission through a formula based on the market capitalization of the company on the day of admission. For example, a company with a market capitalization of £50 million (approximately US$63.66 million) would pay fees on admission of £49,920 (approximately US$63,558). A company with a market capitalization of £750 million (approximately US$1.01 billion) would pay fees on admission of £155,000 (approximately US$197,346).

The LSE calculates market capitalization for these fees with reference to the number of shares for which application is being made and the opening price on the day of admission.

For further issues raising at least £1.5 million (approximately US$1.91 million), an admission fee is charged based on the value of the new securities admitted, starting at £6,785 (approximately US$8,639) and rising to a maximum fee of £81,832 (approximately US$104,189), plus VAT at 20%. No admission fee is payable by AIM companies for further issues where the capital raised is less than £1.5 million.

Ongoing fees

The LSE charges annual fees through a formula based on the market capitalization of the company at the close of trading on the last business day of September in the preceding year. For example, a company with a market capitalization of up to £250 million (approximately US$318.30 million) would pay an annual fee of £10,650 (approximately US$13,560). A company with a market capitalization in excess of £250 million would pay increments above that of £41.00 (approximately US$52.20) per million up to a maximum cumulative fee of £110,000 (approximately US$140,052).