18. Mr. Robert
Atkins asked the Secretary of State for Industry what is the likely timetable for the flotation of British Aerospace.
§ Mr. Michael Marshall:
Arrangements have been completed for the offer for sale of up to 100 million 50p ordinary shares in British Aerospace Public Limited 264W Company at 150p per share. The prospectus was published today, and has been placed in the Library. Details of the offer for sale were given in an answer to my hon. Friend the Member for Surrey, North-West (Mr. Grylls) on 4 February.