** Straker STG.AX slips 8.6% to A$0.48, lowest since April 10
** Language and subscription services provider says Nike NKE.N will not renew its legacy services agreement beyond current term, which ends on December 15, 2025
** Notes cessation of contract to negatively impact co's FY26 adjusted EBITDA by NZ$0.3 mln ($173,855)
** Adds revenue attributable to Nike represents 3.3% of co's FY25 revenue
** STG loses 15.8% YTD
($1 = NZ$1.6681)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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