AIM is a Listed market for small and medium sized growth companies, established in June 1995 as part of the London Stock Exchange. It is a geographically and sector-diverse market, with companies operating in over 100 countries, representing 40 different sectors ranging from financial services firms to healthcare and technology companies.
AIM and FTSE Small Cap Listed Company Recruitment
First Flight has recently become a preferred partner of the London Stock Exchange Issuer Services Marketplace as a provider of Chairs, Non-Execs & Advisory Boards to smaller quoted companies on the Main Market & AIM.
Being an AIM listed search & selection company means we have a particular focus working with AIM & FTSE Small Cap Clients; we are the only Search firm that works with the LSE.
The LSE listing rules changed in September 2018 and one new requirement is for all AIM Companies to comply with a Code: either the UK Corporate Governance Code or the Quoted Company Alliance Code.
The Quoted Company Alliance (QCA) Code has ten principles of good Governance: For companies to deliver growth in long-term shareholder value, requires an efficient and dynamic management framework and should be accompanied by good communication which helps to promote confidence and trust.
- The Board should have an appropriate balance between Executive and Non-Executive Directors and should have at least two Independent Non-Executive Directors.
- The Board should ensure that between them the Directors have the necessary up-to-date experience skills and capabilities to operate effectively;
- The Board should understand and challenge its own diversity including gender as part of its composition.
A Non-Executive Director who becomes involved with a company early enough in the IPO process can have a significant impac on the IPO success.
Non Execs for AIM Companies
As an AIM Board Non-Exec search agency First Flight is passionate about helping AIM Companies strengthen their Boards by providing high calibre, commercial Non-Execs who can really add value to the business.
We strike the right balance with our candidates between good Governance and strong entrepreneurial experience particularly relevant for AIM and we currently run at around 35% Women Non Exec placements.
We work with our AIM clients to assess what skills and personalities their Boards will benefit from, we focus our search for our clients on the key or specific skills you require from your Non-Exec(s) along with our experience of understanding the importance of diversity, not only skills and gender but culture and fit for your Board. We have a clear view of how to build ‘the ideal Board’ and how to achieve this successfully.
We know that the appointment of the right Non-Exec is crucial to the effectiveness of your Board and selecting the right Non-Execs has never been more vital to the success of your business and the support of shareholders.
What sets First Flight apart from other search firms is our understanding of Board dynamics and having the broadest reach of any search firm to identify the right Chairs and Non-Execs.
