Growth to PLC and Stock Market Flotation (Edexcel A-Level Business): Flashcards

Business owned by shareholders; shares traded freely on stock market

Private company converts to PLC, offering shares to public

Detailed document advertising company to potential investors

Insurance against unsold shares

£50,000

1%

25% of share value must be paid

Permission to begin trading as a PLC

Cost advantages from increased production; lower unit costs

Selling off part of business operations