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Diamond Insurance
Admiral Group plc is a British financial services company headquartered in Cardiff, Wales. Listed on the London Stock Exchange, it is a constituent of the FTSE 100 Index, and markets the ''Admiral'', ''Bell'', ''Elephant'', ''Diamond'' and ''Veygo'' vehicle insurance brands, as well as launching the price comparison services ''Confused.com'' and ''Compare.com''. The group employs more than 10,000 people across its brands. History The business started as a division of the Brockbank Group in 1991. In November 1999, Henry Engelhardt led a management buy-out of the Admiral Group from the Brockbank Group backed by Barclays Private Equity. On 23 September 2004, Admiral floated on the London Stock Exchange. In September 2004, the Admiral Group plc announced the pricing of its initial public offering, at an offer price of 275 pence per existing ordinary share. Based on the offer price, the market capitalisation of Admiral at the commencement of dealings on the London Stock Exchange was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |