A PLC whose shares are not listed on a stock exchange is described as:

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Prepare for the Qualified Financial Adviser Exam 2 with flashcards and multiple choice questions, complete with hints and explanations. Get exam-ready and increase your confidence with our comprehensive study materials!

Multiple Choice

A PLC whose shares are not listed on a stock exchange is described as:

Explanation:
Public Limited Company means the company can raise funds from the public, but listing on a stock exchange is separate from just being a PLC. If the shares aren’t traded on an exchange, the appropriate description is a PLC not listed, i.e., an unlisted public company. This makes clear it is still a public company, but its shares aren’t Exchange-traded. The other options describe different forms or a different status: a DAC is a different Irish company form, an LTD is a private company limited by shares, and PLC listed refers to a PLC whose shares are traded on an exchange.

Public Limited Company means the company can raise funds from the public, but listing on a stock exchange is separate from just being a PLC. If the shares aren’t traded on an exchange, the appropriate description is a PLC not listed, i.e., an unlisted public company. This makes clear it is still a public company, but its shares aren’t Exchange-traded. The other options describe different forms or a different status: a DAC is a different Irish company form, an LTD is a private company limited by shares, and PLC listed refers to a PLC whose shares are traded on an exchange.

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