# PRAEMIUM LIMITED

> Australian public company

**Wikidata**: [Q109627096](https://www.wikidata.org/wiki/Q109627096)  
**Source**: https://4ort.xyz/entity/praemium-limited

## Summary
PRAEMIUM LIMITED is an Australian public company that offers its securities for sale to the general public, typically through the Australian Securities Exchange (ASX). It is a joint-stock company with shares traded on a public market, allowing ownership by the general public.

## Key Facts
- A public company that offers its securities for sale to the general public.
- Operates as a joint-stock company with shares traded on the Australian Securities Exchange (ASX).
- Has an official name of "PRAEMIUM LIMITED" as registered with the ASX.
- Listed under the ticker symbol "PPS" on the ASX, with its initial listing occurring on May 11, 2006.
- As of November 18, 2021, its market capitalization was 753,759,436 Australian dollars.
- Distinctly different from private companies, which do not offer their shares to the general public.

## FAQs
**What is PRAEMIUM LIMITED?**
PRAEMIUM LIMITED is an Australian public company that offers its shares for sale to the general public, listed on the Australian Securities Exchange (ASX) under the ticker "PPS."

**How is PRAEMIUM LIMITED different from a private company?**
Unlike a private company, PRAEMIUM LIMITED's shares are publicly traded, allowing any investor to buy and sell them on the ASX, whereas private companies restrict share ownership to a closed group.

**Who owns PRAEMIUM LIMITED?**
PRAEMIUM LIMITED is owned by its shareholders, which include individual and institutional investors who have purchased its publicly traded shares.

**When did PRAEMIUM LIMITED go public?**
PRAEMIUM LIMITED began trading on the Australian Securities Exchange on May 11, 2006, marking its initial public offering (IPO).

## Why It Matters
PRAEMIUM LIMITED plays a critical role in the Australian capital markets by providing a mechanism for raising funds through publicly traded securities. Its listing on the ASX allows it to access a broader investor base, facilitating capital formation and economic growth. As a public company, it adheres to strict regulatory disclosure standards, ensuring transparency for investors. The entity contributes to the liquidity of the ASX, enabling shareholders to easily buy and sell ownership stakes. Its presence on the ASX also supports broader economic activities, including business expansion and infrastructure development.

## Notable For
- Being the first Australian public company to list under the ticker "PPS" on the ASX in 2006.
- Having a market capitalization of 753,759,436 Australian dollars as of November 18, 2021.
- Distinguishing itself from private companies by offering its shares to the general public.
- Providing a publicly traded vehicle for capital formation in the Australian economy.

## Body

### Definition and Core Characteristics
PRAEMIUM LIMITED is an Australian public company that offers its securities for sale to the general public. This classification sets it apart from private companies, which restrict share ownership to a closed group of investors. The entity operates as a joint-stock company, with its shares traded on the Australian Securities Exchange (ASX) under the ticker symbol "PPS."

### Terminology and Aliases
PRAEMIUM LIMITED is known by several terms in different contexts. Common aliases include "publicly traded company," "publicly held company," and "listed company." Internationally, the concept of a public company is represented by terms such as "compañía de capital abierto" (Spanish), "Publikumsgesellschaft" (German), and "公開企業" (Japanese).

### Classification and Type
PRAEMIUM LIMITED is a specific type of joint-stock company and is considered a distinct legal form of organization. It is a subclass of an "enterprise" and is distinctly different from a "public enterprise" or "cooperative," which have different ownership structures.

### Ownership and Governance
The ownership of PRAEMIUM LIMITED is held by its shareholders, who can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. Governance is typically provided by a board of directors elected by the shareholders, reflecting the separation of ownership and control in corporate structures.

### Global Presence and Recognition
The concept of a public company, including PRAEMIUM LIMITED, is recognized globally. It is a topic of discussion in numerous languages, as indicated by its presence in Wikipedia editions in languages including Arabic, Bengali, Chinese, English, French, Hindi, Japanese, Russian, and dozens more. It is also covered in financial resources like Investopedia and academic resources like ScienceDirect under topics such as "economics-econometrics-and-finance/public-company."

### Market Performance and Capitalization
As of November 18, 2021, PRAEMIUM LIMITED had a market capitalization of 753,759,436 Australian dollars. This figure reflects the total value of the company's outstanding shares, providing insight into its financial standing and investor confidence.

### Listing and Initial Public Offering
PRAEMIUM LIMITED was listed on the Australian Securities Exchange on May 11, 2006, marking its initial public offering (IPO). This event allowed the company to raise capital by offering its shares to the general public, expanding its investor base and enhancing its financial flexibility.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)