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

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 2020, 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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Date 24 August 1990 25 November 1995 26 February 2001 11 October 2010 No of shares 800 1,200 1,600 400 Cost 960 1,440 2,400 800