AMG Super will be allocating Medibank Private holdings to members accounts on our system today.
Please note that these allocations are in accordance with the information we have received to date. Given the different scaling options that have been applied it may be possible that some members have received different scaling to what shows on our system. However, once we receive the confirmation data/paperwork from the registry next week all accounts will be reconciled.
In addition, if during the General Application process, any incorrect information was entered for an AMG Super client it may have resulted in some holdings being Issuer Sponsored. If this is the case we will work on having these transferred to the correct HINs over the next week. For this reason brokers should check what shares are available on a client’s HIN through their own systems prior to selling any parcels.
If you have further questions, please feel free to contact us on 1300 AMG AMG (1300 264 264) or at firstname.lastname@example.org