Companies Act 2014 section 1372

Definition (Chapter 3)

Section 1372 defines the term "traded company" for the purposes of Chapter 3 of Part 23 of the Companies Act 2014, which deals with corporate governance statements and the application of certain financial reporting provisions to traded companies.

• A "traded company" can be a public limited company, a designated activity company, a company limited by guarantee, or a public unlimited company (with or without share capital).
• For a public limited company to qualify as a traded company, it must have shares or debentures admitted to trading on a regulated market in an EEA state.
• For the other types of company listed, they qualify as traded companies if they have debentures admitted to trading on a regulated market in an EEA state.
• This definition applies specifically to sections 1373 to 1377, which impose corporate governance and financial reporting requirements on traded companies.