Nat.Australia Bank (40HT) - Conversion of Hybrid Tier 1 Securities
RNS Number : 0483M
National Australia Bank Ld
12 September 2012
Wednesday, 12 September 2012
ISSUE OF SHARES RELATING TO THE CONVERSION OF HYBRID TIER 1 SECURITIES
Following its announcement on 15 August 2012, National Australia Bank Limited
("NAB") has today issued 23,998,944 NAB ordinary shares ("Shares") to Deutsche
Bank AG. The number of Shares provided on conversion of the A$300 million of
Tier 1 Convertible Notes and A$300 million of Tier 1 Stapled Securities was
based on a volume weighted average share price of $25.0512, to which a 0.2%
discount was applied.
In accordance with sub-section 708A(5) of the Corporations Act 2001 (Cth) (the
"Act"), NAB gives notice as follows:
1. The Shares were issued without disclosure to investors under Part 6D.2 of
2. This notice is being given under paragraph 5(e) of section 708A of the
3. As at the date of this notice, NAB has complied with:
a. the provisions of Chapter 2M of the Act as they apply to NAB; and
b. section 674 of the Act.
4. As at the date of this notice, there is no excluded information within
the meaning of sections 708A(7) and 708A(8) of the Act.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO
This statement does not constitute an offer of any securities for sale. The
securities offered have not been and will not be registered under the U.S.
Securities Act of 1933 and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
This information is provided by RNS
The company news service from the London Stock Exchange
CONDXGDCCBBBGDB -0- Sep/12/2012 06:00 GMT
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