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Question 1 Moy PLC has the following capital structure: Equity Share capital (500,000 shares of 0.50 each) Share premium account Reserves 250,000 50,000 278,000 578,000

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Question 1 Moy PLC has the following capital structure: Equity Share capital (500,000 shares of 0.50 each) Share premium account Reserves 250,000 50,000 278,000 578,000 It is planning a bonus issue, followed by a rights issue. Show Moy PLC's capital structure following: (a) A'l for 2' bonus issue (4 marks) (b) A rights issue of '1 for 3' at 0.75 per share immediately following the bonus issue, assuming all of the rights are taken up. (4 marks)

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