All share merger / acquisition - loss crystallisation event?

I hold shares in Company A. The value of these shares is down 90% from my investment value. The shares I bought were EIS qualifying. If Company A is acquired / enters into a merger with Company B, whereby Company B acquires my shares in Company A, for shares in Company B, does this constitute a loss crystallisation event on which I may be able to claim tax relief? Does it make a difference if Company B is also EIS qualifying?

Hi

Please refer to Capital Gains Tax: share reorganisation, takeover or merger

Thank you

Thanks for this, however it makes no reference to EIS. Does that mean that the EIS eligibility of the acquiring company makes no difference?

Hi,

You can claim loss relief as normal. If the EIS share were acquired by company B, within 3 year of aquiring the shares in company A, any EIS tax relief claimed will be repayable to HMRC. Losses can be claimed in your tax return.

Thank you.