HC Deb 25 November 1980 vol 994 cc54-5W
Mr. Grylls

asked the Secretary of State for Industry how much additional public money is to be provided to the National Enterprise Board, in each financial year, to enable it to pursue the initiatives contained in the National Enterprise Board corporate plan 1981 to 1983.

Mr. Michael Marshall

My right hon. Friend has not yet received the NEB's corporate plan for the period 1981 to 1983.

Mr. Grylls

asked the Secretary of State for Industry if he will list 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 18 November.

Mr. Michael Marshall

The information is not available in the form requested and can only be provided at disproportionate cost. Except for the share prices, all the information is, however, contained in the NEB's monthly list, copies of which are available in the Library of the House. The latest list indicated the board's shareholdings on 31 October 1980. As at 18 November there had been changes in the following items:

Company Number and description of shares held by NEB Percentage of nominal value of total equity Cost £'000
Celltech Ltd 22,000 £1 ordinary 44.0 222.0
5,060,000 £1 preferred ordinary (4p paid)
Not equity 202.4
Nexos Office Systems Ltd. 907,000 £1 redeemable preference Not equity 907.0

The only shares held by the board which are publicly quoted are its holding of BL 50p ordinary shares which stood at 21p on 18 November.

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