PET.AX - Phoslock Environmental Technologies Limited

ASX - ASX Delayed price. Currency in AUD

Phoslock Environmental Technologies Limited

25 Lime Street
Level 4 Suite 403
Sydney, NSW 2000
Australia
61 2 8014 7611
http://www.phoslock.com.au

Sector(s)Industrials
IndustryPollution & Treatment Controls
Full-time employees70

Key executives

NameTitlePayExercisedYear born
Mr. Lachlan McKinnonMD, CEO & DirectorN/AN/AN/A
Mr. Andrew WinksGen. Mang. of Global Operations212.43kN/AN/A
Mr. Yan Fai Hui A.C.I.S., C.A., C.P.A., FCCA, M.B.A.Group Financial Controller & Accountant142.05kN/AN/A
Mr. Nigel TraillGen. Mang. of International Sales236.29kN/AN/A
Mr. Matthew R. ParkerGroup CFO & Company Sec.N/AN/AN/A
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Phoslock Environmental Technologies Limited engages in the design, engineering, and project implementation solutions for water related projects and water treatment products. It offers Phoslock, a lanthanum modified bentonite material that removes excess phosphate from water and reduces the growth of harmful algae; Zeolite that is applied to heavily polluted water in order to bind nitrogen; and Bacteria for use in water treatment processes to enhance the quality of water. The company's products are used to clean up lakes, rivers, canals, and drinking water reservoirs. It offers its products through licensees and sales agents in Australia and New Zealand; Europe and the United Kingdom; the United States, Canada, and Brazil; and China. The company was formerly known as Phoslock Water Solutions Limited and changed its name to Phoslock Environmental Technologies Limited in August 2018. Phoslock Water Solutions Limited was founded in 2002 and is headquartered in Melbourne, Australia.

Corporate governance

Phoslock Environmental Technologies Limited’s ISS governance QualityScore as of 8 December 2019 is 9. The pillar scores are Audit: 5; Board: 8; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.