§ Mr. Gryllsasked the Secretary of State for Industry if he will publish in the Official Report a complete list of all the shareholdings of the National Enterprise Board, the number and type of shares held, the percentage of the total equity this represents, the total cost of the shares, the principal business activity of each company and, where appropriate, the market value of the shares as at 31 May.
§ Mr. Michael Marshall[pursuant to his reply, 9 June 1980]: In my reply of 20 February last—[Vol. 979, c. 160–66]—I gave a full list of the board's shareholdings as at 31 January 1980. The following items should be deleted from this list : British Tanners Products Ltd.; Mayflower Packaging Ltd.; Pakmet International Ltd.; Sinclair Radionics Ltd.; Technical Resources (Equipment) Ltd.; Vicort of London Ltd. and R. R. Chapman (Sub Sea Surveys) Ltd.; and the items in the attached table should be added to show the position at 31 May 1980.
The business activities of all the board's companies are set out in the board's annual report and accounts 1979; a copy is in the Library.
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Company Number and description of shares held by NEB Percentage of nominal value of total equity Cost £'000 Stock Exchange quotation (closing price 31 May) Barlin Consumer Products Ltd … … … 50,000 £1 redeemable preference not equity 50 Barrow Hepburn Ltd … … … 1,000,000 25p ordinary 4.1 450 35p Baviscrown Ltd … … … 155,000 £1 ordinary 92.4 155 400,000 £1 redeemable preference not equity 400 BL Ltd … … … 2,193,404,996 50p ordinary 99.4 1,219,948 18p Brown Boveri Kent Ltd … … … 10,856,585 25p ordinary 20.0 3,293 31p British Underwater … … … 183,674 £1 ordinary 185 Engineering Ltd … … … 6,035,326 £1 redeemable preference 90.0 6,035 Data Recording Instrument Co Ltd … … … 14,290,000 £1 ordinary 100.0 14,343 1,000,000 £1 redeemable preference not equity 1,000 Ferranti Ltd … … … 10,666,666 50p ordinary 50.0 6,933 495p Inmos International Ltd … … … 1,850,000 5p ordinary 61.3 93 1,025,000 £20 preferred ordinary not equity 20,500 Insac Group Ltd … … … 8,600,000 £1 ordinary 100.0 8,600 James Howorth & Co. (Holdings) Ltd … … … 12,000 £1 'B' ordinary 21.4 36 80,000 £1 redeemable preference not equity 80 Microform Communications … … … 358,211 £1 ordinary 35.0 310 International Ltd … … … 260,000 £1 redeemable preference not equity 260 Nexos Office systems Ltd … … … 155,990 £1 ordinary 156 9,100,000 £1 redeemable preference 78.0 9,100 Technalogics Computing Ltd … … … 4,000 £1 ordinary 40.0 4 40,000 £1 redeemable preference not equity 40