NAB 0.46% $37.41 national australia bank limited

Ann: NAB announces results of Share Purchase Plan Offer, page-61

  1. 116 Posts.
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    I don't think it could be 1 for 1 that would be too many shares $2.8B applied for $1.25B allocated

    2 A small number of shareholders with larger holdings (representing less than 2% of applicants) may have received less than
    their pro-rata allocation as a result of the A$30,000 regulatory cap on applications.

    This indicates that the only application that miss out on a pro-rata allocations is where it would work out to be > $30K
    I suspect more like 1 for 3
 
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