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Public Limited Company [ edit ]
Public limited company ( English: public limited company , legally abbreviated as PLC or plc ) is a type of public company in the United Kingdom , Great Britain, and the Republic of Ireland . Public Co., Ltd. is a limited liability company that is free to list but it is not required. The minimum share capital is £50,000. [1]
In the UK, the words "public limited company" or "PLC" and "plc" must be included at the end of the legal company name of a public limited company. However, some companies in Wales will choose to end with "ccc" (short for "cwmni cyfyngedig cyhoeddus" in the public limited company of Wales) [2] .
The "Public limited company" and "PLC"/"plc" suffixes appeared in 1974, after all listed companies in these countries and regions used "Limited" ("Ltd") as the suffix. [3]
References [ edit ]
- ^ Longman Business English Dictionary
- ^ s. 58(2) Companies Act 2006 . Legislation.gov.uk. [ 2013-12-25 ] .
- ^ "Companies Bill defines 'insider': legislation is expected by the summer", The Times , 20 December 1973
External links [ edit ]
- Companies Act 2006 , Office of Public Sector Information
- Companies House guide to company formation
3 categories :
- British economy
- type of enterprise
- public area
