CG54603 - Deep discount securities: conversion of securities and share exchanges
TCGA92/S118 (3)
It is possible deep discount securities may be involved in transactions which are treated as share reorganisations. For example- a conversion of securities in which deep discount securities are exchanged for shares or other deep discount securities, TCGA92/S132, see CG55000 onwards. - a share exchange in which shares or debentures are issued in exchange for deep discount securities, TCGA92/S135, see CG52521.