Abacus Group (ASX:ABG) has disclosed that director Steven Sewell disposed of 1,000,000 ordinary stapled securities in an on-market trade at $0.83 per security on 2 November 2026, reducing his direct holding from 2,084,231 to 1,084,231 ordinary stapled securities.

Key Points

  • Director Steven Sewell sold 1,000,000 ordinary stapled securities on market on 2 November 2026 at $0.83 per security
  • Direct holding in ordinary stapled securities reduced from 2,084,231 to 1,084,231 following the transaction
  • Sewell retains 3,515,603 LTI Rights and 209,089 STI Rights under the Abacus Equity Incentive Plan as direct interests
  • Indirect interests across five associated entities remained unchanged at a combined 1,088,885 ordinary stapled securities
  • The trade did not occur during a closed period, according to the filing

On-Market Disposal by Director Steven Sewell on 2 November 2026

According to the Change of Director's Interest Notice lodged with the ASX, Steven Sewell disposed of 1,000,000 ordinary stapled securities through an on-market trade on 2 November 2026 at a consideration of $0.83 per security. The filing states the previous direct interest in ordinary stapled securities was 2,084,231, with the post-transaction direct holding recorded at 1,084,231 ordinary stapled securities. No securities were acquired as part of this transaction. The filing confirmed that the trade did not occur during a closed period and that no prior written clearance was required or sought.

Retained Equity Incentive Plan Rights and Indirect Holdings

Sewell's direct interests in rights under the Abacus Equity Incentive Plan were not affected by the transaction. The filing records that he continues to hold 3,515,603 LTI Rights and 209,089 STI Rights on a direct basis. His indirect interests also remained unchanged, with ordinary stapled securities held through five separate entities: Mr S Sewell ATF S.M Sewell (68,897), Mr S Sewell ATF R.J Sewell (68,930), Mr S Sewell ATF D.M Sewell (68,962), SS Duffy Pty Ltd ATF SS Duffy Super Fund (620,869), and SSSewell Pty Ltd ATF Sewell Family Trust (261,227).

Filing Details and Entity Structure

The notice was filed on behalf of Abacus Group, which comprises Abacus Trust, Abacus Group Holdings Limited, Abacus Income Trust, and Abacus Group Projects Limited. The date of the previous director's interest notice for Steven Sewell was recorded as 19 October 2026. The filing was submitted in accordance with ASX Listing Rule 3.19A.2 and section 205G of the Corporations Act. No changes to director interests in contracts were disclosed in Part 2 of the notice, with that section recorded as not applicable.