London Stocks Are Leaving the Growth Market They Once Flocked to

In 2005, Young & Co.’s Brewery Plc was one of 40 companies to transfer its shares from the London Stock Exchange’s main market to its growth segment. The nearly 200-year-old pub chain was attracted by the smaller exchange’s tax incentives, “growing success and popularity.”

Two decades later, London’s Alternative Investment Market has less than half the number of listed stocks and Young’s is heading back to the main market in search of new investors and index inclusion.