(
UK Company Law)
PLC also stands for Public Limited Company, a corporation incorporated under UK law, of which a certain percentage of shares must be held by the "public". Contrast with Limited Company ("Co., Ltd." -- a private limited company) which can have all its shares held by one/two person(s).
Dhericean says there are also certain financial
reporting and auditing requirements for a PLC (Company Reports, etc.)
Cool, thanks