Growth to PLC and Stock Market Flotation
- Created by: Gundabad(good)
- Created on: 23-09-20 19:58
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A PLC is a public limited company. As a business grows it may change from an LTD to a PLC. The business must have a minimum of two shareholders and have issued at least £50,000 of shares to the public before they can trade. Shares can be sold to the public via a stock exchange. When traded on a stock market, public companies have substantially more shareholders.
- The shareholders own the company but the management (Chairperson and Board of Directors) run the company.
- Open to more public scrutiny - very detailed financial records are released…
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