Share exchange

Flemings is offering holders of shares in engineering companies the chance to exchange them for a broadly-based equity portfolio held in one of its unit trusts. It says it will sell the shares for a flat fee of pounds 7.50, a discount on the normal charge of pounds 12.50. A 1 per cent or maximum pounds 50 transaction fee will apply to the purchase of the investment trusts. Call 071-382 8800 for details.