You are employed as a financial reporting consultant for a large supermarket chain called Pipers plc with a year end of 31 August 2022. You have received the following email from them asking for advice.

Earnings Per Share:

We made a number of share issues in the year and so are unsure how to calculate earnings per share (EPS) and effect on prior year comparative. As of 1 September 2021, we had in issue 2,000,000 1 ordinary shares. On 1 December 2021 we made a 1 for 5 rights issue of 5.52 a share, at this date the market rate was 6.00 a share. Then on 1 June 2022 made an ordinary issue of 1,000,000 1 shares at 6.50 per share. Profit attributable to ordinary shareholder in the year ended 31 August 2022 was 1,296,000 EPS for year ended 31 August 2021 was 43.2p per share. There had been no other share issues prior to this for a number of years

Reply to the email from the client, providing an explanation of the accounting and reporting treatment and where relevant any calculations required.