PUBLIC LIMITED COMPANY

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  • Created by: _Holly98
  • Created on: 12-12-15 10:04

WHAT IT IS

COMPANY OFFER SHARES PUBLIC

BIGGEST TYPE PRIVATE BUSINESS

MIN. NO. SHAREHOLDERS IS 2

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HOW DO YOU SET IT UP

AGREEMENT INITIAL SHAREHOLDERS CREATE THE COMPANY 'MEMORANDUM OF ASSOCIATION'

'STATEMENT OF CAPITAL' DETAILS COMPANYS SHARES & RIGHTS

ARTICLES OF ASSOCIATION - DETAILS COMPANY RULES & HOW ITS RUN

MIN £50,000 ISSUED CAPITAL

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ADVANTAGES

FUNDS RAISED FLOTATION 

PLCS STABLE SECURE TYPES FROM BANK POINT OF VIEW

LIMITED LIABILITY - SHAREHOLDER CANT LOSE PERSONAL BELONGINGS

CAN BUY & SELL SHARES

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DISADVANTAGES

FLOTATION EXPENSIVE

SHARES HAVE TO BE UNDERWRITTEN 

CANT CONTROL OWNS SHARES

CANT STOP COMPETITORS BUYING SHARES

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EXAMPLES

FACEBOOK

TESCO

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IMPACT

SHARES OWNED PUBLICALLY

PEOPLE OVERTAKE OTHERS

OWNERSHIP CHANGE EASILY

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IMPACT

SHARES OWNED PUBLICALLY

PEOPLE OVERTAKE OTHERS

OWNERSHIP CHANGE EASILY

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