Personal Tax and rights issued shares

Just come across the above can someone tell me what this is and how it affects shares?


  • Sally
    Sally Registered Posts: 69 💫 🐯 💫
    Whilst a Bonus Issue consists of free shares - a Rights Issue is an issue of shares that is issued at a reduced price. Both are dependent on the amount you have (eg 1 for every five you have). This effects the cost price of the shares in the pool.

    Hope you understand this and ....that i am right! Have been doing so much revision my brain is mush!
  • A-Vic
    A-Vic Registered Posts: 6,970
    Thanks sally yeah spot on

    Found chapter on it

    The question i had states the shares were sold at reduced price of £8 per share so just added shares and cost to work out the average.

    Thanks :)
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