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All AIM companies have until 20 August 2007 to comply with a new requirement under AIM Rule 26 to maintain a corporate website and make certain information and documents available, free of charge, on their website on an ongoing basis.

Companies must also announce details of the website address at which the information is available (this can be included as part of another notification) by 20 August 2007.  New AIM companies will need to disclose this information on their pre-admission announcement.

The following information must be available on your company website:

Company information

	Description of the company's business.
	Names of the directors and their brief biographical details.
	Directors' responsibilities and details of the board committees and their responsibilities.
	Country of incorporation and main country of operation (i.e. where the company derives (or intends to derive) the largest proportion of its revenues or where the largest proportion of its assets are (or will be) located).
	Details of the company's nominated adviser and other key advisers.

Company documents

	Current constitutional documents (in other words, the memorandum and articles of association and any amending resolutions).
	Most recent annual report and all half-yearly, quarterly or similar reports published since the last annual report.
	All notifications the company has made in the past 12 months.
	The most recent admission document together with any circulars or similar publications sent to shareholders within the past 12 months - this applies regardless of how old the most recent admission document may be.

Information on securities

	Any restrictions on the transfer of the company's AIM-quoted securities (such as jurisdictional exemptions or restrictions under non-UK securities laws that the company is seeking to rely on).
	Any other exchanges or trading platforms on which the company has applied or agreed to have any of its securities admitted or traded (including details of any segment or tier and which securities this relates to).
	Number of AIM-quoted securities in issue (noting any held as treasury shares).
	Insofar as the company is aware, the percentage of AIM securities that is not in public hands together with the identity and percentage holdings of its significant shareholders.

Companies incorporated outside the UK must also include a statement that the rights of shareholders may be different from the rights of shareholders in a UK incorporated company.

There are additional requirements to note - including the need for disclaimers and the procedures for keeping information updated.

Don't forget ... there are other existing statutory requirements for the website which must be complied with, although there are some areas of overlap between these.  Click here for more details.

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