LMS set to join main market

LMS Capital, which has benefited as larger private equity firms have been unable to snap up stricken small companies due to capital constraints, is joining its bigger rivals on the London Stock Exchange’s (LSE) main market. The group is leaving AIM for the Official List after runaway growth since its June 2006 listing, and will now benefit from the enhanced liquidity the main market offers. The switchover takes place on 30 June.