Subject	Predicate	Object
muIL5Hvi	a	Resource
		Answer
		Written answer
	answer has question	TbDZK1Dj
	answer has answering person	Michael Fallon
	answer text	<p>The retail offer was approximately seven times oversubscribed with demand for shares worth approximately £3.9 billion:</p><p>Approximately 65% of that demand came through the intermediaries offer, i.e. these funds were not held by Government but by the intermediaries participating in the offer.</p><p>Application funds received from applicants in the direct retail offer were held on Government's behalf in a low interest bank account. As a number of applicants applied by cheque not all cheques had cleared and funds received by the time the offer closed.</p>
	answer given date	2013-10-21
	answer has answering body	Department for Business, Innovation and Skills
	written answer has answering body	Department for Business, Innovation and Skills
Department for Business, Innovation and Skills	answering body has written answer	muIL5Hvi
Department for Business, Innovation and Skills	answering body has answer	muIL5Hvi
TbDZK1Dj	question has answer	muIL5Hvi
Michael Fallon	answering person has answer	muIL5Hvi