Entrepreneurs Relief

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Husband and wife clients are disposing of shares in unquoted trading company. Husband owns 15% of shares and wife owns 5%, both throughout last 12 months. However, the wife is not an officer or employee of the company whereas husband is so only he will qualify for entrepreneurs relief. If wife transfers her shares to husband shortly before sale, will ER be available on all his shares even though some have not been owned for full 12 months?

Thanks

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