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NAB updates market on Director Ann Sherry’s securities holdings

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An update from National Australia Bank Limited ( (AU:NAB) ) is now available.

National Australia Bank has disclosed a change in the interests of director Ann Caroline Sherry, in line with ASX listing rules and Australian Corporations Act requirements. The notice details her direct holdings in fully paid ordinary shares and updates the market on movements in her interest in NAB Capital Notes 3.

The filing shows that 1,500 NAB Capital Notes 3 held via Salvation Communications Pty Ltd as trustee for a superannuation fund were redeemed in accordance with the terms of the notes, with a total value of $150,000. Following the redemption, Sherry’s interest now consists of 12,698 fully paid ordinary NAB shares, providing investors with transparency over director-level exposure to the bank’s equity and hybrid securities.

The most recent analyst rating on (AU:NAB) stock is a Hold
with a A$36.75 price target.
To see the full list of analyst forecasts on National Australia Bank Limited stock,
see the AU:NAB Stock Forecast page.

More about National Australia Bank Limited

National Australia Bank Limited is one of Australia’s major financial institutions, operating in the banking and financial services industry. It provides retail and business banking, wealth management, and related financial products to individuals, small and medium enterprises, and larger corporate clients across Australia and selected international markets.

Average Trading Volume: 6,379,066

Technical Sentiment Signal: Buy

Current Market Cap: A$114.6B

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