HC Deb 02 August 1971 vol 822 c217W
65. Mr. Bruce-Gardyne

asked the Secretary of State for Trade and Industry what was the original cost of the Industrial Reorganisation Corporation's equity holding in George Kent Limited; and what is the current value of this holding.

Mr. Ridley

The I.R.C. holding in George Kent Ltd. comprising ordinary and deferred ordinary shares was acquired at a cost of £6,504,861. On the basis of the middle market quotation for these shares as shown by the Daily Official List of the Stock Exchange, London, for 28th July, the value of the holding was £3,524,536.

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