HC Deb 28 March 1985 vol 76 c310W
Mr. Robert Atkins

asked the Secretary of State for Trade and Industry what is calculated to be the loss in the value of the Government's shareholding in British Aerospace plc as a result of changes in the market value between 21 and 22 March.

Mr. Butcher

The British Aerospace share price stood at £3.90 at the close on 21 March and at £3.80 at the closure on 22 March. On the basis of these prices, the Government's shareholding had a stock market value of approximately £377.7 million and £386 million on the respective dates, a different of £9.7 million. On 26 March the share price closed at £3.98, giving a value for the Government shareholding on that date of approximately £385.5 million, a rise of £7.8 million above the value on 21 March.