§ Mr. Nellistasked the Secretary of State for Trade and Industry, following his answer of 24 November, Official Report, columns 8–9, on the arrangements for employees of Rolls-Royce plc to purchase shares in the offer for sale, what percentage of the offered shares could be purchased if all employees availed themselves of the special arrangements, excluding the 5 per cent. maximum of priority applications.
§ Mr. PattieThe figure requested cannot be calculated until the offer price of the shares has been decided. A maximum of 5 per cent. of the offered shares will be reserved for the elements of the offer to which the hon. Member refers.