20.4 William made the following acquisitions of preference shares in Pangol pic: Date No ofshares Cost
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20.4 William made the following acquisitions of preference shares in Pangol pic:
Date No ofshares Cost
£
17 February 2006 600 900 13 November 2010 200 400 9 October 2014 100 300 In January 2016, the company made a 1 for 4 bonus issue. In February 2017, William sold 450 shares for £4 per share. Calculate the chargeable gain, assuming that he made no acquisitions in the following 30 days.
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