Abstracts » Business

Hunting for lost shares

Article Abstract:

United Kingdom investors may suffer delays in receiving certificates when they buy stocks in Ofex-traded unquoted companies. Investors may be seeking to hold the stocks long term, or they may wish to benefit from price rises which occur because Ofex stocks are thinly traded. Ofex stocks can also drop rapidly in price so it is important for investors to have their stock certificates. Paperwork problems can affect stocks in these small companies. There are a number of measures that can be taken if there is a delay, such as contacting the broker and the registrar.

Small Business, Securities

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Aiming for the top

Article Abstract:

The United Kingdom Alternative Investment Market (Aim) includes some 300 companies with a 5.5 billion pounds sterling capitalization. Companies from northern England that are quoted on Aim include Gartland Whalley and Barker, an industrial corporate developer, Dawn Til Dusk Holdings, a chain of convenience stores, and Jennings Brothers, and independent brewer. Lady in Leisure operates health clubs, Daniel Thwaites is a brewer and also operates hotels, and Landround Marketing is involved in marketing promotions.

England

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Future Aims

Article Abstract:

Companies from Manchester, England, have found the Alternative Investment Market (Aim) to be useful and it has been more popular than in many other regions. Law firms in the city have been involved in Aim stock flotations. Aim has been affected by temporary fluctuations in the market, which has meant that it is less attractive in 1998 than in 1997, but Manchester is still seen as likely to account for a generous proportin of the market.

Manchester, England

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