asked the Minister for Finance the names and functions of all firms in which the ICC has a shareholding; the value of its shareholding in each organisation; the percentage of total equity represented in each instance; and the date on which each holding was taken.
Written Answers. - ICC Shareholdings.
The information requested by the Deputy is given beneath. It does not include certain nominal holdings, holdings by the company in firms which are in receivership or liquidation, shares in wholly-owned subsidiaries or shares beneficially owned by the ICC which are registered in the name of a nominee holding company. In regard to the functions of the firms in question, the details which may not necessarily be comprehensive are based on the latest information available to the ICC:—
List of ordinary shares held by ICC at 31 October, 1975
Company |
Functions |
Nominal Value £ |
Percentage of total equity |
Date Holding taken |
1. Abbey Ltd. |
Builders |
2,500 |
0.43% |
1973 |
2. Arklow Pottery Ltd. |
Pottery manufacturer |
15 |
— |
1934 |
3. Brooks Watson Group Ltd. |
Industrial holding company |
3,628 |
0.1% |
1969-73 |
4. Cement Roadstone (Holdings) Ltd. |
Producers of sand, gravel, cement and allied products |
92,229 |
0.64% |
1936-75 |
5. Clondalkin Paper Mills Ltd. |
Manufacturers of paper and allied products |
3 |
— |
1967 |
6. Janelle Ltd. |
Clothing manufacturers |
15,825 |
2.6% |
1972 |
7. Jefferson Smurfit Group Ltd. |
Manufacturer of packaging and allied products |
3,895 |
— |
1973 |
8. Seafield Gentex Ltd. |
Weavers, spinners and fabric manufacturers |
2 |
— |
1965 |
9. Solus Teo. |
Manufacturers of light bulbs and plastic products |
37,012 |
8% |
1972 |
10. Birr Fabrics Ltd. |
Fabric manufacturers |
72,500 |
64% |
1972-76 |
11. Braids Ltd. |
Industrial holding company |
1,057 |
0.4% |
1938-43 |
12. D.D. Holdings Ltd. |
Dairy products |
1,500 |
0.75% |
1949-50 |
13. Printopress Ltd. |
Non-trading |
6,765 |
20% |
1957-58 |
14. Armitage Shanks (Ireland) Ltd. |
Manufacturers of sanitary ware |
20,000 |
25% |
1967 |
15. Waving Pipes Ltd. |
Plastic piping manufacturers |
12,948 |
3% |
1969 |
16. Wallpapers Ltd. |
Wallpaper and paints manufacturers |
516 |
0.25% |
1936-47 |