public limited company

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Public Limited Company

A primarily British term for a publicly-traded company. The term derives from the facts that the company issues shares that may be bought and sold by the general public and all shareholders have limited liability.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

public limited company (Plc)

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
The third form is the public limited liability company. The amount of the authorized capital of a public limited liability company may not be less than 150,000 litas.aIts shares may be offered for sale and traded publicly, in compliance with the legal acts regulating public trading in securities.
JSC Bank of Georgia (LSE: BGEO) has said that it plans to seek a premium listing of a new public limited liability company to be incorporated in England and Wales, which will be the holding company for the Bank of Georgia group of companies.
CNPV Solar Power SA, a public limited liability company organised under the laws of the Grand Duchy of Luxembourg and an integrated manufacturer of solar photovoltaic products, has signed a Strategic Partnership agreement with SolarTec Group, a company that provides a single source contract to customers, designed to reduce management costs and streamline the flow of information and project communication.
On 11 February of this year, it sent the French authorities a letter asking them to do away with this advantage offered by the EPIC statute and to transform the company into a public limited liability company, or at least to show proof that the SNCF enjoys no such advantage.
3) in case of liquidation of a public limited liability company which has listed shares, to apply to the Securities Commission for the delisting of shares;
A "Societas Europaea" company, or an SE company, is a type of public limited liability company regulated under EU laws.
The Commission explained that the beneficiaries of the aid would be employees that have lost their jobs and not the public limited liability company Ceske Drahy (the Czech railway company) or the public organisation Sprava zeleznicni dopravni cesty (the Czech railway infrastructure manager).
Under German law, a public limited liability company that enters into a profit transfer or control agreement with another company has to acquire, for adequate compensation, the shares of the target company if those shareholders wish.

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