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Public limited company


 

The initials plc after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the public.

Related Topics:
UK - Irish - Company - Limited company - Shares

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The designation plc or PLC (either form is acceptable) was introduced in the UK by the Companies Act 1980, and in the Republic of Ireland by the Companies (Amendment) Act 1983. In the Republic of Ireland, the initials "cpt" (for the Irish cuideachta phoiblí theoranta) may be used instead, but this is rarely the case. Welsh companies may use the letters "ccc" (for "cwmni cyfyngedig cyhoeddus") in similar fashion. Certain public limited companies incorporated under special legislation (mainly nationalised concerns) are exempt from carrying the letters plc, ccc, or cpt.

Related Topics:
1980 - 1983 - Irish - Nationalised

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When a new company is incorporated in either England and Wales or Scotland, it must be registered with Companies House, which is an Executive Agency of the Department of Trade and Industry. In the Republic of Ireland, the equivalent body is the Companies Registration Office, Ireland. Northern Ireland also has a Registrar of Companies.

Related Topics:
England and Wales - Scotland - Companies House - Executive Agency - Department of Trade and Industry - Companies Registration Office, Ireland

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Internationally plc status is roughly equivalent to AG, S.A. and Corporation.

Related Topics:
AG - S.A. - Corporation

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