ASX Relisting Update

Phoslock Environmental Technologies (ASX:PET) today provided an update on progress relating to the relisting of the Company’s shares on the ASX.

As disclosed at the 2021 financial year business review and strategic outlook presentation on 24 March, PET has provided a submission to the ASX in support of its objective to relist and has lodged audited accounts for the 12 months ending December 2021 as well as audited accounts for the half year period from 1 July to 31 December 2021.

The Company is now in dialogue with ASX in respect of its submission and related matters and is responding to requests from the ASX for additional information. PET is unable to provide any firm timetable for these matters to be resolved to the satisfaction of the ASX.

Shareholders will be provided with further updates in due course.

This announcement has been approved by the Chairman and Managing Director David Krasnostein AM and Mr Lachlan McKinnon.