HC Deb 15 November 1978 vol 958 cc222-6W
Mr. Norman Lamont

asked the Secretary of State for Industry whether he will list in the Official Report the dates, and the companies concerned, when the National Enterprise Board has been given directions under section 3 of the Industry Act.

Mr. Les Huckfield

On 25th March 1977 and 21st April 1978 to provide financial assistance to British Leyland Ltd.

Mr. Grylls

asked the Secretary of State for Industry if he will publish in the Official Report a list of the shareholdings held by the National Enterprise Board on 15th November, showing the number and description of the shares, the percentage of total equity held by the National Enterprise Board, the cost of the shareholding and, where appropriate, the market value of the shareholding at close of business on 15th November.

Mr. Les Huckfield

At 15th November 1978 the following shareholdings had been announced by the NEB:

Company Number and description of shares held by NEB Percentage of nominal value of total equity Stock Exchange Quotation (closing price 13th November where available)
Cost £000
Agemapark Ltd. 3,700 £1 ordinary 30.0 100
50,000 £1 redeemable preference Not equity 50
Aqualisa Products Ltd. 4,000 £1 ordinary 40.0 4
65, 000 £1 redeemable preference Not equity 65
Automation and Technical Services (Holdings) Ltd. 45,000 £1 ordinary 30.0 50
100,000 £1 redeemable preference Not equity 100
Barrow Hepburn Group Ltd. 1,000,000 25p ordinary 4.1 450 36p
BL Ltd. 1,144,554,026 50p ordinary 98.9 695,523 20p
British Tanners Products Ltd. 2,000,000 £1 ordinary 50.0 2,000
Brown Boveri Kent Ltd. 10,856,585 25p ordinary 20.0 3,293 45p
BTB (Engineering) Ltd. 30,000 £1 redeemable preference 50.0 30
Bull Motors Ltd. 500,000 £1 ordinary 100.0 500
Cambridge Instrument Co. Ltd. 412,684,225 1p ordinary 79.7 5,020
4,261,757 10p ordinary
50,000,000 £1 ordinary Not equity 500
R. R. Chapman (Sub Sea Surveys) Ltd. 50,000 £1 ordinary 42.7 50
Computer Analysts and Programmers (Holdings) Ltd. 1,372,760 10p ordinary 29.9 549
Computer and Systems Engineering Ltd. 349,750 5p ordinary 49.9 882
15,200 £1 redeemable preference Not equity 48
Date Recording Instrument Co. Ltd. 3,970,337 £1 ordinary 63.1 3,977
1,000,000 £1 redeemable preference Not equity 1,000
The Energy Equipment Co. Ltd. 75,000 £1 preference 42.9 75
100,000 £1 preference Not equity 100
125,000 £1 preference 125
Fairey Holdings Ltd. 18,000,000 £1 ordinary 100.0 18,000
Ferranti Ltd. 10,666,666 50p ordinary 50.0 6,933
Hemmings Plastics Ltd. 100,000 £1 redeemable preference Not equity 100
Herbert Ltd. 83,632,948 25p ordinary 100.0 36,196
Hird Brown Ltd. 250,000 £1 redeemable preference 100.0 250
Hydraroll Ltd. 4,500 £1 ordinary 48.9 5
60,000 £1 redeemable preference Not equity 60
ICL Ltd. 8,148,750 £1 ordinary 24.4 12,134 425p
Inmos Ltd. 370,000 25p ordinary 67.3 92
5,000 £100 preference Not equity 500

Commpany Number and description of shares held by NEB Percentage of nominal value of total equity Cost Stock Exchange Quotation (closing price 13th November) where available
£'000
INSCA Date Systems Ltd. 2,150,000 £1 ordinary 100.0 2,150
J. & P. Engineering Ltd. 45,000 £1 ordinary 33.3 100
Keland Electrics Ltd. 100,000 £1 ordinary 100.0 100
Mayflower Packaging Ltd. 60,000 redeemable preference 33.3 60
60,000 redeemable preference Not equity 60
The Mollart Engineering Co. Ltd. 46,822 £1 ordinary 70.6 382
Monotype Holdings Ltd. 250,000 £1 ordinary 37.5 250
Negretti and Zambra Ltd. 960,000 25p ordinary 29.8 710
460,622 £1 redeemable preference Not equity 461
Newtown Securities (Northern) Ltd. 125,000 £1 ordinary 50.0 125
North-East Audio Ltd. 54,450 £1 ordinary 49.8 99
340,000 £1 redeemable preference Not equity 200
Powerdrive PSR Ltd. 20,000 £1 ordinary 40.0 20
100,000 £1 redeemable preference Not equity 100
150,000 £1 redeemable preference 150
Power Dynamics Ltd. 60,000 £1 ordinary 33.3 60
120,000 redeemable preference Not equity 120
Rolls-Royce Ltd. 203,000,000 £1 ordinary 100.0 203,000
Sandiacre Electrics Ltd. 30,000 £1 ordinary 30.0 40
125,000 £1 redeemable preference Not equity 125
Francis Shaw and Co. Ltd. 1,400,000 20p ordinary Not equity 546
Sinclair Radionics Ltd. 75,000 £1 ordinary 73.3 650
200,000 £1 preference Not equity 2,000
2,000,000 £1 redeemable preference
Systems Designers International Ltd. 3,060 £1 ordianry 26.0 184
Systems Programming Holdings Ltd. 300 £1 'v' voting 79.9 600
600,000 £1 'D' non-voting
Systime Ltd. 847 £1 ordinary 28.1 538
476 £1 preference
Twinlock Ltd. 7,123,000 10p ordinary 33.3 997
United Medical Enterprises Ltd. 4,619,440 £1 ordinary 70.0 5,774
Vicort of London Ltd. 9,608 £1 ordinary 49.0 10
130,392 redeemable preference Not equity 130