Industry & servicesAerospace

PrimaryBid increasing liquidity in the AIM market, says COO

Dave Mutton, chief operating officer of PrimaryBid, a trading platform allowing investors access to private placings, fundraisings and IPOs of AIM-listed companies, tells Proactive Investors at the UK Investor Show that the UK is “leading the market for crowdfunding”.

It launched its platform in March, and has since helped to raise £100,000 for Pathfinder Minerals and £500,000 for Ascent Resources, and Mutton sees a lot more deals on the horizon.

The company allows investors to bid on a company it wishes to invest in, and when enough interest has been raised, it begins negotiations with the company about a potential placing.

“We currently, on the platform, have a total demand of over 20mln [pounds]. There are investors out there who want to buy shares in these companies, and as the demand builds up for individual companies we will then approach them and see if they are interested in issuing some new shares,” he says. 

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