PDSnet Glossary

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Introductory Technical Fundamental Economics Opinion Sectors International Regulatory Other Markets

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Name	synonyms = 1, variations = 2, abbreviations = 3

Publish: (0 = no, 1 = yes)

Definition

A company as defined by the Companies Act may issue shares to the public, has no restrictions concerning the number of shareholders, or the transfer of shares from one person to another. Public companies may have their shares listed, but may not necessarily list. Public companies must have at least 7 shareholders, but there is no upper limit to the number of shareholders. They are also required to lodge their annual financial statements with the Companies and Intellectual Property Commission (CIPC).

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