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Traded company
Practical Law UK Glossary 2-386-7257 (Approx. 4 pages)
Glossary
Traded company
Has different meanings in the Companies Act 2006 depending on its context:
- For the purposes of Part 13 (Resolutions and meetings), a traded company is a UK incorporated company with its shares admitted to trading on either a UK regulated market or an EU regulated market (section 360C, CA 2006). The shares admitted to trading must carry voting rights at a general meeting. Additionally, these shares must have been admitted to trading by the company itself or with its consent.
For more information, see Practice note, Listed, quoted, traded and unquoted traded companies: Part 13 traded company.
- For the purposes of Part 15 (Accounts and reports), a traded company is a UK incorporated company any of whose transferable securities are admitted to trading on a UK regulated market (section 474, CA 2006).
For more information, see Practice note, Listed, quoted, traded and unquoted traded companies: Part 15 traded company.
- In relation to nomination of a person to enjoy information rights under section 146, a traded company is UK incorporated company with shares admitted to trading on a UK regulated market or an EU regulated market.
For more information, see Practice note, Listed, quoted, traded and unquoted traded companies: Part 9 traded company.
- For the purposes of Part 24 (Annual confirmation of accuracy of information on register), a traded company is, broadly, a company whose shares are, at any time in the confirmation period, admitted to trading on a "relevant market" or any other market which is outside the UK.
For more information, see Practice note, Listed, quoted, traded and unquoted traded companies: Part 24 traded company.