← Lessons 02-Business and Company Law

Private Company → Public Company

To convert:

  • Pass a resolution approved by at least 75% of shareholders.
  • Alter the Articles of Association.
  • Ensure minimum nominal share capital has been issued.
  • Apply to the Registrar to re-register.
  • A prospectus is filed where shares/debentures are being offered to the public.
  • A PLC may apply for a listing on the London Stock Exchange.
  • Unlisted securities may also be offered through the Alternative Investment Market (AIM).