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PENSION PRODUCTS
GENERAL
COMPANY / PARTNERSHIP INFORMATION
Public Limited Company
It must have an authorised share capital of at least £50,000.
A public limited company (PLC) is a company which is registered as such and complies with the following:
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.

