HC Deb 24 July 1986 vol 102 cc359-60W
Mr. Bright

asked the Secretary of State for Energy what incentives will be offered to encourage small investors to purchase shares in the forthcoming sale of British Gas.

Mr. Peter Walker

We have decided that small investors will be offered a choice of incentives when the sale of British Gas takes place. They will be able to opt either for gas vouchers, to help pay their domestic gas bills, or for an issue of bonus shares. Small investors will qualify

the amount of coal/solid fuel used by all sources in the United Kingdom, (b) the amount of coal exported and to which country and (c) the amount of coal in stock.

Mr. David Hunt

The information requested is as follows:

for these incentives by continuing to hold their British Gas shares for specified periods after the sale. Further details will be announced closer to the flotation.