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Cathy had the following transactions in A company's shares: 26 April 2007 Purchased 40000 shares in A company for £200000 19 May 2010 A company announced a 1 for 4 rights issue at £4 per share. Cathy took up his rights in full 3 May 2014 A company announced a 1 for 5 bonus issue 25 March 2019 Cathy sold 12500 shares for £175000 What is the allowable cost for capital gains tax purposes of the shares disposed of on 25 March 2019?