# Accounting Paper 1, November 2024, question 3.5.2

> Calculate Peter’s percentage shareholding in the company after the rights... Marked mark by mark. Q3.5.2, Accounting Paper 1 November 2024, 5 marks.

Canonical: https://sharpkop.co.za/accounting/2024-nov-p1/q3-5-2/
Last updated: 2026-11-12

Subject: Accounting. Source: Based on Nov 2024 · Paper 1 · Q3.5.2. Marks: 5. Not yet checked by a teacher.

## Question 3.5.2 (5 marks)

Share information for Dlamini Traders Ltd, financial year ended 28 February 2025:
1. On 1 April 2024, the company had 2 000 000 shares in issue. Peter Dlamini owned 1 100 000 of these shares.
2. On 30 November 2024, every shareholder was offered 1 new share for every 4 shares already held, at a reduced price.
3. All shareholders took up their full rights.

Calculate Peter’s percentage shareholding in the company after the rights issue was completed.

## Practise it

[Answer this question](https://sharpkop.co.za/accounting/2024-nov-p1/q3-5-2/) and see it marked mark by mark, with the reason for every lost mark.

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