HC Deb 07 May 1968 vol 764 c52W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer if he will give an undertaking not to oppose an 8½ per cent. increase in total distributions by Advance Electronics Limited, accompanied by a one-for-five scrip issue.

Mr. Diamond

The company consulted the Treasury on both points which had been the subject of formal public recommendations by the Board of Directors before 19th March. They are, therefore, regarded as firm commitments.