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Summary
A public limited company (legally abbreviated to plc with or without full stops) is a type of...
Content
A public limited company (legally abbreviated to plc with or without full stops) is a type of limited liability company in the United Kingdom and the Republic of Ireland (and other jurisdictions where companies law is derived from English law) which is permitted to offer its shares to the public.
A public limited company must include the words "public limited company" or its abbreviation "plc" at the end and as part of its legal company name. Certain public limited companies (mostly nationalised concerns), incorporated under special legislation, are exempted from bearing any of the identifying suffixes.
When a new company incorporates either in England and Wales, or in Scotland, it must register with Companies House, an Executive Agency of the Department for Business, Enterprise and Regulatory Reform. Northern Ireland has a separate Registrar of Companies. In the Republic of Ireland the equivalent executive agency is the Companies Registration Office, Ireland. In Malta a firm can register with the MFSA.
While it is not compulsory for a public limited company to offer its shares to the public (some plc's are privately owned, maintaining the "plc" designation for the extra financial
Created by:
Freebase Data Team
Oct 22, 2006
Last edited by:
Freebase Data Team
Oct 22, 2006
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