Abacus Group Stapled (Unit, Ordinary Share) - New

ABG: XASX (AUS)
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Abacus Group: Selling Storage King Shares; Downgrading Our Fair Value to AUD 1.10

Abacus agreed to sell its 20% interest in Storage King for AUD 285 million via two block trades: 9% to an undisclosed party at AUD 1.00 per Storage King security, and the rest to Ki Corporation at AUD 1.20 per security. On average, the sale price is AUD 1.11.

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