public company

(redirected from Publicly-owned)
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public company

a registered company that can offer its shares to the public. Its memorandum of association must state that it is a public company, that its authorized capital is at least the authorized minimum (£50,000) and that its name ends with plc (or public limited company).
References in periodicals archive ?
"I believe this would be best achieved by running the project as a publicly-owned service, as this would put passengers first, rather than the profits of private or foreign state-owned companies.
Employment in the central government increased by 1,577 persons or 2.78 per cent, and by 16, 0.27 per cent, in publicly-owned companies.
The union's general secretary, Mick Cash, said: "Out of sheer political spite the Tory Government smashed up and outsourced the publicly-owned provider of last resort, Directly Operated Railways, and that act of mindless industrial vandalism has now come back to haunt them.
And a publicly-owned Welsh airline would mean that the airport would not have to kowtow to the whims of any demanding airline[s] looking to come in or threatening to leave.
In November 2014, the regulators received a complaint from a competitor alleging that Ducatt NV had been granted illegal financial support by two publicly-owned shareholders, Limburgse Reconversie Maatschappij (LRM) and Participatie Maatschappij Vlaanderen NV (PMV), the European Commission said in a statement released on Thursday.
"Plaid Cymru has argued the case for a publicly-owned, notfor-prot bank that would give businesses access to nance at competitive rates.
The move - called Intention to Float - sets up a bitter clash with the unions who threatened to strike, demanding to know why the deal was necessary when the publicly-owned firm made a PS400million profit last year.
THE row over England's publicly-owned forests continued last night after the Government unveiled plans for a pounds 250m sell-off - but insisted that the future of the country's woodlands would be protected.
Summary: The Government is to submit plans for a sell-off of England's publicly-owned forests.
"Such intra-day credits shall be fully repaid before the end of the same day." However, the restrictions of lending shall not apply to publicly-owned banks and other financial institutions, which shall be given the same treatment as privately-owned banks and other financial institutions.
Around half of BIM is publicly-owned and it has attracted much interest among foreign institutional shareholders.