Private to public re-registration

A private limited company may be re-registered as a public company pursuant to the provisions of Part 7 of the Companies Act 2006.

Full details of the preliminary considerations, the Companies Act 2006 provisions on re-registration, the procedure, the conditions and effect of re-registration, see Practice Note: Re-registration of a private limited company as a public company.

Reasons for re-registration

The main reason why a private company may want to re-register as a public company is to be able to offer its shares to the public.

Once re-registered as a public company, the company may want to seek admission to trading on a stock exchange. It may want to do this for a number of reasons, including:

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to enable the company to raise finance for its development and growth (both organically and by acquisition)
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to place a market value on the company
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to increase the company's profile
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to create a market for the company's shares
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to incentivise employees, and
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to enhance the company's status with its customers and suppliers

Some companies re-register

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