HC Deb 20 March 1979 vol 964 cc556-7W
Mr. Grylls

asked the Secretary of State for Industry if he will list the total number of shares, including unsecured loan stock, cumulative redeemable preference shares, convertible redeemable preference shares, ordinary shares, and redeemable preference shares he holds as at 20 March, the date on which these shares were acquired and their current valuation in the following companies: Dunford & Elliot Ltd., Kearney & Trecker Marwin Ltd., KTM Machine Tools Ltd., Norton Villiers Triumph and Wolverhampton Industrial Engines Limited, as listed in

Holding Date of Acquisition
Dunford and Elliot Limited
£484,574—Nominal amount—of 12½ per cent. unsecured loan stock 1980–83 June 1974
Kearney and Trecker Marwin Limited
800,000 £1 cumulative redeemable preference ' B ' shares at 13½ per cent. August 1976
100,000 £1 cumulative redeemable preference ' D ' shares at 13½ per cent.
KTM Machine Tools (Holdings) Limited
338,141 ordinary shares of £1 each 336,564 in August 1974, 1,577 in March 1975
950,000 redeemable convertible ' A ' preference shares of £1 each August 1974
3,222,200 redeemable ' B ' preference shares of £1 each 2,700,000 in August 1974, 522,200 in March 1975
Norton Villiers Triumph Limited
1,000,000 ' A ' redeemable preference shares of £1 each July 1973
1,372,000 ' B ' convertible redeemable preference shares of £1 each
Wolverhampton Industrial Engines Limited
50,000 ' A ' ordinary shares at 10p each February 1977

The Dunsford and Elliot unsecured loan stock is valued at about £430,000 on the basis of latest Stock Exchange quotations. None of the other holdings is quoted.