Just over 15 per cent of Medibank Private's 1.8 million eligible policyholders have taken the opportunity to receive special treatment in the $4 billion-plus health insurer's sharemarket float.
Senator Mathias Cormann, the Finance Minister, has announced that 750,494 Australians lodged their details via a Medibank share offer website to reserve a copy of the insurer's prospectus.
The pre-registration period, which closed on Wednesday, was also a chance for Medibank members to get first in line in the share offer. Members who have pre-registered will receive a preferential allocation of shares, in the event that the offer is oversubscribed.
Included in the number of Australians that pre-registered are 278,732 members of Medibank, or its subsidiary ahm. That number represents 15.5 per cent of Medibank's 1.8 million policyholders.
