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Superloop Limited (ASX:SLC)

ALERT: Price-sensitive ASX Announcement for SLC
Current share price for SLC : $3.090 0.2 (6.92%)+
Announcement
Release
4 Mar 2026 3:26PM
Price at Release
$2.890
Full Release
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Summary
Superloop Limited announced the achievement of Milestone 4 under its contract with Origin Energy Retail Ltd. This milestone sees over 250,000 Origin broadband subscribers on Superloop’s network. The completion of Milestone 4 requires Superloop to issue shares as consideration for acquiring and maintaining these broadband customers. Each tranche of milestone shares is subject to shareholder and regulatory approval and a voluntary lock-up period. Superloop continues to leverage its Infrastructure-on-Demand platform to expand its market presence.
Key Points
  • Achievement of Milestone 4 with Origin Energy Retail Ltd.
  • Over 250,000 Origin broadband subscribers on Superloop’s network.
  • Requirement for Superloop to issue shares based on milestones.
  • Shares subject to shareholder approval and regulatory requirements.
  • Superloop leverages Infrastructure-on-Demand for market expansion.
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.