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   PENSION PRODUCTS
     GENERAL
      COMPANY / PARTNERSHIP INFORMATION

Public Limited Company


A public limited company (PLC) is a company which is registered as such and complies with the following:

  • It must state that it is a public limited company both in its memorandum and in its name.
  • It must have an authorised share capital of at least £50,000.

A PLC must have at least two members and at least two company directors.  The secretary must also be a person who appears to the directors to have the necessary knowledge and ability to fulfil the functions and who must meet certain requirements.

A PLC has access to capital markets and can offer its shares for sale to the public through a recognised stock exchange. It can also issue advertisements offering any of its securities for sale to the public. In contrast, a private company may not offer to the public any shares in itself.



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