HC Deb 07 December 1979 vol 975 cc374-9W
Mr. Grylls

asked the Secretary of State for Industry if he will list all the share-holdings of the National Enterprise Board at 30 November 1979, the number and type of shares held, the percentage of the total equity this represents, the total cost of such shares, and, where appropriate, the market value of these shares at 30 November 1979.

Mr. Michael Marshall

The reply which I gave on 27 June 1979–[Vol. 969, c. 188–94]—should be amended in respect of the following items:

Company Number and description of shares held by NEB Percentage of nominal value of total equity Cost £'000 Stock Exchange quotation (closing price 30 November 1979)
ASR Servotron Ltd. 18,000 £1 'B' ordinary 26.1 18
300,000 £1 redeemable preference 300
Agemaspark Ltd 3,700 £1 Ordinary 30.0 100
50,000 £1 redeemable preference Not equity 50
100,000 £1 redeemable preference 100
Barrow Hepburn Ltd 1 000,000 25p Ordinary 4.1 450 31p
BL Ltd. 1,443,404,996 50p Ordinary 99.1 844,948 18p
Brown Boveri Kent Ltd. 10,856,585 25p Ordinary 20.0 3,293 44p
BTB (Engineering) Ltd. 30,000 £1 redeemable preference Not equity 30
British Underwater Engineering Ltd. 133,674 £1 Ordinary 89.2 134
5,216,326 £1 redeemable preference 5,216
Bull Motors Ltd. 1,520,000 £1 Ordinary 100.0 1,520
Cambridge Instrument co. Ltd. 1,406,195,968 1p Ordinary 93.0 14,957
4,261 757 10p Ordinary
1,000,000 5p redeemable preference Not equity 59
CAP-CPP Group Ltd. 1,372,760 l0p Ordinary 29.5 549
Computer and Systems Engineering Ltd. 349,750 5p Ordinary 27.8 882
15,200 £ 1 redeemable preference 48
Data Recording Instrument Co. Ltd. 3,970 337 £1 Ordinary 83.8 3,977
8,000,000 £1 Ordinary (75p paid) 6,000
1,000,000 £1 redeemable preference Not equity 1,000
Exelarc Engineering Co. Ltd. 70,000 £1 Ordinary 50.0 70
Ferranti Ltd. 10,666,666 50p Ordinary 50.0 6,933 385p

Company Number and description of shares held by NEB Percentage of nominal value of total equity Cost £'000 Stock Exchange quotation (closing price 30 November 1979)
James Howorth & Co. (Holdings) Ltd 6,000 £1 Ordinary 21.4 18
6,000 £1 'new' ordinary 18
80,000 £1 redeemable preference 80
ICL Ltd. 8,342,250 £1 Ordinary 25.0 12,956 434p
Inmos International Ltd. 1,850,000 5p Ordinary 67.3 93
425,000 £20 preferred ordinary Not equity 8,500
Insac Group Ltd. 6,100,00 £1 Ordinary 100.0 6,100
Microform Communications International Ltd. 191,211 £1 Ordinary 28.3 310
165,000 £1 redeemable preference 165
Middle East Building Services Ltd. 37,500 £1 Ordinary 29.6 38
Momex (UK) Ltd. 365 £1 Ordinary 28.9 0
Muirhead Office Systems Ltd. 2,500 £1 Ordinary 25.0 210
Nexos Office Systems Ltd. 155,990 £1 Ordinary 79.8 156
3,800,000 £1 redeemable preference 3,800
Nexos Office Systems (Holdings) Ltd 7,201 £1 Ordinary 97.0 7
129,609 £1 redeemable preference 130
Pakmet International Ltd. 150,000 £1 preference Not equity 150
50,000 £1 redeemable preference 50
QI (Europe) Ltd. 250,000 £1 Ordinary 51.0 2,000
260,000 £1 non-voting ordinary 2000
Rolls Royce Ltd. 234,000,000 £1 Ordinary 100.0 234,000
Sinclair Radionics Ltd 75,000 £1 Ordinary 73.3 450
200,000 £1 voting preference 200
4,700,000 £1 redeemable preference Not equity 4,700
Sonicaid Ltd 8,970 £1 ordinary 49.7 117
14,260 £1 redeemable preference 180
Yates Duxbury and Sons Ltd. 700,000 £1 Ordinary 50.0 1.750

Mr. Grylls

asked the Secretary of State for Industry when he expects to publish the revised guidelines for the National Enterprise Board.

Mr. Michael Marshall

My right hon. Friend will publish a draft of the revised guidelines next week, and intends that the final version should take effect when the Industry Bill is enacted.

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