20.7 In June 2015, Walter bought 10,000 shares in Ovod pic at a cost of 7 per...
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20.7 In June 2015, Walter bought 10,000 shares in Ovod pic at a cost of £7 per share. In September 2016, Rundico pic made a takeover bid for Ovod pic, offering the Ovod shareholders eight Rundico shares plus £4 in cash for every five Ovod shares. The offer was accepted on 2 September 2016 when the market value of shares in Rundico pic was
£4.50 per share. Compute Walter's chargeable gain.
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Saud Ur Rehman
Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
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