The Off Exchange (OFEX), now owned and operated by PLUSmarkets, was started in 1995 as a way for shareholders to deal in the shares of small companies that do not meet the stringent requirements of Aim and the LSE's official list.
Companies on OFEX are usually smaller than those on Aim, and are typically seeking to raise under £500,000 when they list. A panel determines entry to the market. The low level of regulatory requirement means that OFEX investments should be considered more risky than those listed on Aim.
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