20.5 Yvonne made the following acquisitions ofordinary shares in Rangle pic: Date No ofshares Cost 30
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20.5 Yvonne made the following acquisitions ofordinary shares in Rangle pic:
Date No ofshares Cost
£
30 September 2005 2,000 1,200 1 December 2009 3,000 3,600 In January 2016, the company made a 1 for 5 rights issue at £1 per share and Yvonne decided to buy the shares which she was offered. In March 2017, she sold one-half of her shares in the company for £1.80 per share. Calculate the chargeable gain arising in March 2017, given that no further shares were acquired within the following 30 days.
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