Saeed made the following purchases of ordinary shares in Hyban plc: In June 2017, the company made

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Saeed made the following purchases of ordinary shares in Hyban plc: 

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In June 2017, the company made a 1 for 20 rights issue at £1.50 per share and Saeed took up the shares which he was offered. 

Calculate the chargeable gain arising in November 2021, when Saeed sold 1,260 shares at £3 each. Assume that no further shares were acquired within the following 30 days.

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