| | Public limited company Article, Publiclimitedcompany Information (Site not responding. Last check: 2007-10-29) |
 | | The initials plc after a British company name indicatethat it is a public limited company whose shares may be offered for saleto the public. |
 | | When forming (or creating) a PLC there must be at least £50,000 worth of share capital of which at least 25% must have beenpaid for. |
 | | While it is not compulsory for a PLC to "float" its shares (some PLCs retain ownership of all their shares, maintainingthe 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). |
| www.anoca.org /plc/group/public_limited_company.html (196 words) |