*Disclaimer

SUPERLOOP LIMITED (ASX: SLC)

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SLC: Completion of Acquisition of MyRepublic Subscribers

SUPERLOOP LIMITED

  1. Superloop Limited (ASX:SLC) has completed the acquisition of MyRepublic Pty Ltd’s 52,000 (approximately) NBN subscribers.
  2. The transaction involved a subscriber transfer agreement under which SLC agreed to acquire all of MyRepublic Pty Ltd’s subscribers at $250 per migrated subscriber.
  3. Should all potential subscribers migrate, total consideration would be $13 million (approximately).

2022-12-30 18:41:00