The securities of National Australia Bank Limited will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company.
The securities will remain in Trading Halt Session State until the commencement of normal trading on Thursday, 29 October 2015.
It will most likely be the sale of a non-core business, releasing capital, as part of NAB’s balance sheet build. Speculation is that it may related to the potential sale of NAB’s life insurance business.
