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Sprintex Limited (ASX:SIX)

ALERT: Price-sensitive ASX Announcement for SIX
Current share price for SIX : $0.069 -0.011 (-13.75%)+
Announcement
Release
30 Jun 2026 8:51AM
Price at Release
$0.080
Full Release
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Summary
Sprintex Limited secured purchase orders totaling €25.71 million (A$42.44 million) from Mest Water, encompassing both smaller and premium high-capacity ZLD-UP® systems. This expansion is supported by a scalable commercial model with Completerra B.V, facilitating quicker adoption by removing capital barriers for farmers. The orders are expected to be delivered by June 2028, with immediate cash inflows of €815,000 expected by mid-July 2026. The Dutch government's regulatory approvals further boost the market for on-farm processing solutions, aligning with Sprintex’s strategic goals to enhance their presence in the EU agricultural market.
Key Points
  • €25.71m (A$42.44m) in orders from Mest Water secured.
  • Orders include smaller ZLD-UP® systems (€6.51m) and premium high-capacity systems (€19.2m).
  • Partnership with Completerra B.V for distribution of smaller systems.
  • Scalable commercial model accelerates adoption of ZLD-UP® systems.
  • Delivery of orders expected to be completed by June 2028.
  • Regulatory tailwinds from Dutch government RENURE approval.
  • Immediate cash inflows of €815k anticipated by 14 July 2026.
  • Sprintex's ZLD-UP® systems utilized for manure processing in the Netherlands.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.