Brief: Abacus Group Says ABG To Internalise Management Of ASK
18/05/2026 02:31
May 18 (Reuters) - Abacus Group ABG.AX: ABG TO INTERNALISE MANAGEMENT OF ASK ENTERED INTO BINDING TRANSACTION DOCUMENTATION WITH ABACUS STORAGE KING TO SELL 100% OF SHARES IN ASK'S RESPONSIBLE ENTITY, ABACUS STORAGE FUNDS MANAGEMENT LIMITED ABG WILL BE PAID A HEADLINE PRICE OF A$19 MILLION, OTHERS ABG REAFFIRMS ITS FULL YEAR FY26 DISTRIBUTION GUIDANCE OF 8.50 AU CENTS PER SECURITY NET PROCEEDS FROM INTERNALISATION WILL BE USED TO REPAY ABG'S DEBT RECRUITMENT PROCESS IS WELL PROGRESSED TO CONFIRM ABG'S FUTURE CFO APPOINTMENT Further company coverage: ABG.AX ((Reuters.Briefs@thomsonreuters.com;))
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