implications of a move on sto, page-32

Just another angle on a possible TO by 100% scrip offer for ESG shares by STO,or whoever.

A fair proportion of my ESG holding i have had for more than 12 months,which would entitle me to a 50% discount on the capital gains tax for the part i have held for 12+ months.

If i were to accept,say STO,shares in exchange for my ESG shares,and then sell them after less than 12 months,due to another TO offer, or to take a profit,would i then lose the right to claim the 50% discount for that part of my original ESG holding?

If i were to lose that discount i would consider selling that part of my holding on market when a final TO price was realised.

I hope that all makes sense..

The scenario is quite possible,IMO.