HC Deb 12 February 1979 vol 962 cc365-6W
Mr. Grylls

asked the Secretary of State for Industry (1) on what date he gave his consent under section 10 of the Industry Act 1975 for the National Enterprise Board to acquire 40 per cent. of the nominal value of the total equity in Aqualisa Products Ltd.; what is the number of type of shares acquired; and what was the cost to the Board;

(2) on what date he gave his consent under section 10 of the Industry Act 1975 for the National Enterprise Board to acquire 30 per cent. of the nominal value of the total equity in Automation and Technical Services Ltd.; what is the number of type of shares acquired; and what was the cost to the Board;

(3) on what date he gave his consent under section 10 of the Industry Act 1975 for the National Enterprise Board to acquire 48.9 per cent. of the total equity in Hydraroll Ltd.; what is the number of type of shares acquired; and what was the cost to the Board;

(4) on what date he gave his consent under section 10 of the Industry Act 1975 for the National Enterprise Board to acquire 67.3 per cent. of the nominal value of the total equity in Inmos Ltd.; what is the number of type of shares acquired; and what was the cost to the Board.

Mr. Les Huckfield

My right hon. Friend gave his statutory consent to the Board acquiring 30 per cent. or more. of the voting shares in Aqualisa Products Ltd., on 10 January 1977; in Automation and Technical Services (Holdings) Ltd., on 8 March 1978; in Hydraroll Ltd., on 19 May 1977; and in Inmos Ltd.—then called KMOS Semiconductors Ltd.—on 1 June 1978. In all these cases the number and type of shares acquired, and the cost to the Board, are set out in the reply I gave to the hon. Member on 15 November last.