A company had an ordinary share capital balance of R1 800 000, consisting of 1 200 000 shares in issue on 31 December 2020. The company had a share split where 3 ordinary shares in issue are converted into 4 shares.

Calculate the following:

• The number of ordinary shares in issue after the share split.
• The value per ordinary share before the share split.

		R0,67
		900 000 shares
		2 400 000 shares
		R2,00
		R1,50
		1 600 000 shares
		R1,13
		1 350 000 shares