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Rolls-Royce Limited

Volume 867: debated on Monday 21 January 1974

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asked the Secretary of State for Trade and Industry how many employees and former employees of Rolls-Royce Limited hold ordinary shares in the company issued in 1955 in exchange for workers' shares ; what is the total number of such shares now eligible for settlement by the receiver-liquidator ; and what is the par value of these shares.

I understand that there were 2,066 individual holders of workers' shares, totalling 145,000 shares, who received one ordinary share of a nominal value of £1 for each workers' share, but there are no records of how many of these shares, which were freely transferable, are still held by employees or former employees of Rolls-Royce Ltd.