§ Baroness WOOTTON of ABINGERasked Her Majesty's Government:
To list the names of those companies operating in this country in which they hold shares, indicating any cases in which Government is a majority shareholder.
§ Lord JACQUESFollowing is the information:
1241WA
Name of Company Number of Shares held Voting equity per cent. North East Coast Ship repairers Ltd. 1,800,000 £1 Ordinary Shares 100 Nuclear Enterprises Ltd 7,353 £1 "B" Ordinary Shares 4.2‡ Rolls Royce (1971) Ltd 79,000,000 £1 Ordinary Shares 100 SB (Realisations) Ltd 42,050 £1 5 % Redeemable Cumulative Preference Shares 100§ 581,302 25p Ordinary Shares 250,000 25p "A" Ordinary Shares Scientific and Medical Instruments Ltd 4,261,757 10p Ordinary Shares 24.05 Suez Finance Co 645,591 FF100 Capital Shares 6.51 Sunderland Shipbuilders Ltd 2,750,000 £1 Ordinary Stock units 100 1,312,500 £1 Cumulative 6% Preference Shares. Toplis & Harding (Middle East) Ltd. (in liquidation). 997 50p Shares 99.7 875,000 £1 Ordinary Shares 48.4 Upper Clyde Shipbuilders Ltd. (in liquidation). 12,000,000 25p Ordinary Shares. This table covers all the shareholdings held by Government Departments except for a number of small groups of shares held mainly by the Ministry of Agriculture, Fisheries and Food in mixed agricultural enterprises such as agricultural co-operatives. Their total nominal value is very small.
Notes:
✶ Holding acquired by the Northern Ireland Government.
† Government holding will represent 20.2 per cent, of voting equity on full conversion.
‡ Limited voting rights.
§ SB (Realisations) has a 69.5 per cent. interest in Short Bros. & Harland.