Israeli companies led foreign IPOs in London in 2014

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February 15, 2015 22:06

 
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With the exception of the UK itself, more Israeli companies went public on the London Stock Exchange in 2014 than any other country, representatives of the exchange said in Israel last week.

“I’m delighted so many Israeli companies are listing in London. London offers many advantages for Israeli companies - appropriate regulation, the English language, more banks than anywhere else in the world, real excitement about what Israel has to offer, and all less than five hours flight away,” said Matthew Gould, the UK Ambassador to Israel.

Most of the companies listed on the AIM, an exchange geared toward smaller "growth" companies. In recent years, many Israeli companies looking to go public have turned to the AIM as a middle ground between the much larger NASDAQ - where Israel has the second largest number of companies listed  next the United States - and the local Tel Aviv Stock Exchange.

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