Thursday, 17 December 2009

UK: AIM Rules amendments - remuneration disclosure and electronic communication

The London Stock Exchange has published AIM Notice 35, in which amendments to the AIM Rules are proposed. It is proposed to amend AIM Rule 19 to require AIM companies to provide disclosure of directors’ remuneration in their annual audited accounts (coming into force for financial years ending on and after 31 March 2010). It is also proposed to amend the guidance notes to AIM Rules 14 and 19 to provide all AIM companies with the option to use electronic communications to send accounts and admission documents to shareholders. 

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