86 400 shareholders approve schemeSource: RNS
Thursday, 6 May 2021
86 400 shareholders approve scheme of arrangement for NAB acquisition
National Australia Bank Limited (NAB) is pleased to announce that NAB's acquisition of all issued share capital in 86 400 Holdings Limited, the holding company of Australian neobank, 86 400 (86 400) by scheme of arrangement (Scheme), was today approved by all 86 400 shareholders voting at the 86 400 scheme meeting and general meeting.
86 400 will now apply to the Federal Court for orders to approve the Scheme at a hearing scheduled for 11 May 2021.
More information on NAB's acquisition can be found here.
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The document was authorised for release by Louise Thomson, Group Company Secretary.