According to Wikipedia:
"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."
But, can a plc list itself on the stock exchange? No - it cannot. A company may *apply* to be listed on the stock exchange. If all regulatory conditions are satisfied the company *may* be listed by the stock exchange authorities.
2006-10-04 02:01:07
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answer #1
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answered by Sean M 2
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yes you certainly can, but When forming (or creating) a PLC there must be at least £50,000 worth of share capital of which at least 25% must have been paid for. While it is not compulsory for a PLC to "float" its shares (some PLCs retain ownership of all their shares, maintaining the PLC designation for the extra financial status) many do and their shares are usually traded on either the London Stock Exchange or the Alternative Investments Market (AIM). Irish public limited companies usually trade on the Irish Stock Exchange, though many also list on the LSE, or more rarely, the AIM. Public limited companies are able to obtain more capital than other firms due to the share sales and also banks are more likely to give out loans to them as they have better credit.
2006-10-04 03:33:26
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answer #2
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answered by Anonymous
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Companies that are listed on the stock exchange are all PLCs whether they put it in their name or not, it stands for Public Limited Company. Meaning it is open to the public to invest and take liabilities.
2006-10-04 01:30:30
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answer #3
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answered by big_roy_lwc 2
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PLC stands for Publically Listed Company - hence, yes.
2006-10-04 01:26:33
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answer #4
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answered by Ivo V 2
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Ofcourse you can, most of the companies that are listed are plc
2006-10-04 01:26:41
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answer #5
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answered by SARAH A 1
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yes it can
take for example Shell is aplc which is listed
'Royal Dutch Shell plc.' cehck www.shell.com
sdo it can be listed
2006-10-04 01:22:54
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answer #6
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answered by reuben 2
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yes, certainly.
2006-10-04 01:27:41
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answer #7
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answered by fe2o3ez 2
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