Nominated Adviser (NOMAD)

Definition:

An adviser who is approved and whose name appears on the register of nominated advisers held by the London Stock Exchange. A NOMAD is responsible to the London Stock Exchange for assessing the appropriateness of an application to AIM and for advising and guiding an AIM company on its responsibilities under the AIM Rules for Companies. An AIM company must appoint and retain a qualified nominated adviser at all times.

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