A: This is what NAB said yesterday:

“Following completion of the first five days trading in CYBG, NAB is able to confirm a number of key details in relation to the demerger and IPO of CYBG. The five-day volume weighted average share price (VWAP) for CYBG is $4.013 . For NAB shareholders who have received CYBG securities or whose entitlements are being sold under the Sale Facility, NAB expects that this will equate to a cost base per CYBG security of $4.01 for Australian capital gains tax purposes. NAB expects to announce further tax information following the publication of the class ruling from the Australian Taxation Office (ATO).”

Regards,

Paul Rickard