Public limited company: Difference between revisions
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''UK'' | ''UK''. | ||
(Plc, plc or PLC). | (Plc, plc or PLC). | ||
A public limited company is one which may - subject to complying with certain conditions - be allowed to offer its shares or other securities for sale to the public or to a section of the public. | A public limited company is one which may - subject to complying with certain conditions - be allowed to offer its shares or other securities for sale to the public or to a section of the public. | ||
To protect the public, public limited companies are therefore subject to greater regulation and requirements to report fuller financial information within shorter timeframes, compared with private companies. | To protect the public, public limited companies are therefore subject to greater regulation and requirements to report fuller financial information within shorter timeframes, compared with private companies. | ||
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== See also == | == See also == | ||
* [[Limited company]] | |||
* [[Listed company]] | * [[Listed company]] | ||
* [[Private company]] | * [[Private company]] | ||
* [[Public]] | |||
* [[Public bond]] | * [[Public bond]] | ||
* [[Public company]] | * [[Public company]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 21:14, 7 July 2022
UK.
(Plc, plc or PLC).
A public limited company is one which may - subject to complying with certain conditions - be allowed to offer its shares or other securities for sale to the public or to a section of the public.
To protect the public, public limited companies are therefore subject to greater regulation and requirements to report fuller financial information within shorter timeframes, compared with private companies.
They must use names including 'Plc', 'plc' or 'PLC' to disclose clearly that they are a public limited company.
