Atkinson Holdings Share Issue
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nETA1LS were published, last week, of a share issue by Atkinson Lorries (Holdings), Ltd., which was registered as a private company on November 24, to acquire the issued share capitals of Atkinson Lorries (1933), Ltd., Nightingale Engineering Co., Ltd., and Coach Bodies, Ltd. It was converted into a public company on November 26. Atkinson Lorries (1933), Ltd., and Coach Bodied, Ltd., are subsidiaries of Nightingale Engineering Co., Ltd.
Atkinson Lorries (Holdings), Ltd., has an authorized capital of £200,000, of which £165,000 has been issued or is to be issued. Application has been made to the Stock Exchange for permission to deal in the 79,500 preference shares to be issued for cash and in the whole of the issued ordinary shares.
Directors are Mr. W. G. Allen, F.C.A. (chairman and managing director), Mr. R. M. Richardson and Mr. H. B. Fielding. In the year ended June 30 last, the three operating companies made total profits, before allowing for taxation, of £53,221