CG51655 | Share identification for corporation tax: relevant securities: share reorganisations
From HM Revenue & Customs · Capital Gains Manual
Relevant securities may be issued in respect of a new holding on a share reorganisation. For example, a company may make a bonus or rights issue of debentures within the Accrued Income Scheme or debentures within the Accrued Income Scheme may be issued in exchange for shares on a takeover. See CG52020+