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Abacus Storage King Names New CEO After Completion of Internalization

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Abacus Storage King (ASX:ASK) said Nikki Lawson was appointed as its new chief executive, effective Wednesday, after Abacus Group (ASX:ABG) confirmed that the company's internalization was completed, according to two separate Wednesday filings with the Australian bourse.

Abacus Storage King's name will be changed to Storage King Group on July 6, trading under the ASX ticker code "SKG," per the filing.

Abacus Storage Property Trust will be renamed to Storage King Property Trust, while the responsible entity Abacus Storage Funds Management will be rebranded to Storage King Funds Management.

Shares of Abacus Storage King were up 1% in recent trading on Wednesday.

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