0 a company in the UK whose shares (= parts that can be bought and sold) can be sold to the public --
1 → plc --
A public limited company cannot be like a nationalised industry in that sense.
It is because such building societies will have greater commercial freedom that they may be less tempted to go down the public limited company route.
The holding company will be a normal public limited company and it will be able to use its resources flexibly as it wishes.
Professional and trading functions and possible special refurbishment activity would represent the core of a new public limited company.
This question of a mandatory change in status from a trust port to a public limited company is causing great concern.
Massive constraints are built into the idea that a building society can convert into a public limited company.
There should be no question of the public limited company having the right to determine whether there shall be a trade union organisation.
In a public limited company, each director has to stand for election on a separate ticket.
