The list of holdings as at 1st October 1973 is given below. A separate heading shows the investments disposed of during the period since 1st April 1973. No advances against outstanding commitments were made during, this period.
INDUSTRIAL REORGANISATION CORPORATION INVESTMENTS TRANSFERRED TO THE SECRETARY OF STATE FOR TRADE AND INDUSTRY, HOLDING AT 1ST OCTOBER 1973 |
Loans |
|
British Leyland Motar Corporation Limited |
… |
£10,000,000 Unsecured Loan |
Clarke Chapman-John Thompson Limited |
… |
… |
£3,000,000 Unsecured Loan |
Marwin (Holdings) Limited |
… |
… |
… |
… |
£250,000 Unsecured Loan |
Nucler Enterprises Limited |
… |
… |
… |
£500,000 Unsecured Loan |
Samuel-Osborn & Company Limited |
… |
… |
£1,750,000 Secured Loan |
Equity and Preference Shares |
Cost |
British Nuclear Design &x Construction Ltd. |
|
260,000 Ordinary Shares of £1 |
… |
… |
… |
£260,000 |
Brown Bayley Limited |
|
2,400,000 Ordinary Shares of £1 |
… |
… |
… |
See Note (1) |
George Kent Limited |
|
3,017,577 Ordinary Shares of 50p |
… |
… |
… |
£6,504,861 |
1,244,180 Deferred Ordinary Shares of 50p |
… |
Kearney & Trecker Marwin Limited |
|
300,000 Redeemable Convertible Third Preference Shares of £1 |
… |
… |
… |
… |
… |
£300,000 (See Note (2)) |
Nuclear Enterprises Limited |
|
7,353 "B" Ordinary Shares of £1 |
… |
… |
£100,000 |
Notes: |
(1) The following investment is held by Brown Bayley Limited: Brown Bayley Steels Limited, 2,404,000 Shares of 50p—£1,470,453. |
(2) Previously Kearney & Trecker Limited. |
Changes during the period 1st April to 30th September 1973 Investments disposed of |
Loans |
|
Clark Chapman-John Thompson Limited |
… |
… |
£500,000 Unsecured Loan (Part) |
Herbert Ingersoll Ltd. (In Receivership) |
… |
… |
£237,500 Unsecured Loan (Part) |
Marwin (Holdings Ltd). |
… |
… |
… |
… |
£500,000 Unsecured Loan (Part) |
Loans Convertible into Equity |
|
Marwin (Holdings Ltd). |
… |
… |
… |
… |
£750,000 8 per cent. Convertible Loan |
Rolls-Royce Limited (In Liquidation) |
… |
… |
£8,500,000 Unsecured Convertible Loan (Part) |