§ Mr. Blairasked the Chancellor of the Exchequer if he will publish in the Official Report a table showing, for each of the public corporations privatised during the period 448W 1979 to 1984, (a) the number of shareholders by size band of holding immediately after flotation and (b) the same information at each succeeding 31 December.
§ Mr. Moore[pursuant to his reply, 21 December 1984, c. 357]: The information requested in part (a) of the hon. Member's question is given in the following tables. The figures do not include any Government residual shareholdings, shares held in trust for individual employees under companies' employee share ownership schemes, or any shares taken up by underwriters.
Information on the number of shareholders at subsequent times is a matter for the company concerned and is not covered in the tables. In the case of the employee buy-out of the National Freight Company, the initial allotment of shares was entirely a matter for the consortium. The sale of Jaguar was conducted by BL, and the initial allocation of shares is a matter for the company, not the Government.
449W
Number of Shares held Number of Shareholders at time of allotment British Aerospace Less than 100 44,062 100–499 81,558 500–999 23,682 1,000–4,999 6,784 5,000–9,999 795 10,000–49,999 757 50,000–99,999 114 100,000–999,999 76 1,000,000+ 1 Total 157,829 Cable and Wireless Less than 250 57,999 251–500 71,422 501–1,000 11,584 1,001–10,000 9,262 10,001–100,000 1,424 100,001–999,999 101 1,000,000+ 4 Total 151,796 Amersham International 100–499 18,900 500–999 8,538 1,000–9,999 24,280 10,000–49,999 8,373 50,000–99,999 1,521 100,000–499,999 1,682 500,000–999,999 295 1,000,000+ 151 Total 63,760 Britoil 100–499 18,598 500–999 8,099 1,000–4,999 10,283 5,000–9,999 52 10,000–49,999 118 50,000–99,999 28 100,000–999,999 67 1,000,000+ 12 Total 37,257 Associated British Ports Holdings 100–499 33,352 500–999 1,631
Number of Shares held Number of Shareholders at time of allotment 1,000–4,999 1,615 5,000–9,999 279 10,000–49,999 304 50,000–99,999 20 100,000–499,999 4 Total 37,205 Enterprise Oil 0–99 2 100–499 5,318 500–999 3,179 1,000–4,999 4,941 5,000–9,999 47 10,000–49,999 102 50,000–99,999 35 100,000–999,999 69 1,000,000+ 2 Total 13,695 British Telecom 200 or less 525,698 400 512,103 500 349,294 600 120,962 800+ 631,463 Total 2,139,520 Note: These figures relate to the shares made available through the United Kingdom public offer only.