ECT appoints Jefferson Harcourt as non-executive director with performance-based equity

Environmental Clean Technologies Limited ( (AU:ECT) ) has provided an update.

Environmental Clean Technologies Limited has appointed Jefferson Harcourt as a non-executive director effective 17 March 2026, with no current direct or indirect holdings in the company’s securities. The appointment signals a strategic addition to the board aimed at supporting the company’s growth in clean technology markets.

Subject to shareholder approval, Harcourt is to receive up to 3.5 million performance shares under a contract linked to both tenure and ambitious share price milestones over a three-year period, ranging from $0.15 to $1.00 on a 10-day VWAP basis. The heavily performance-based structure is designed to align his incentives with long-term shareholder value creation and share price appreciation.

The most recent analyst rating on (AU:ECT) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Environmental Clean Technologies Limited stock, see the AU:ECT Stock Forecast page.

More about Environmental Clean Technologies Limited

Environmental Clean Technologies Limited operates in the clean technology and environmental solutions sector, focusing on technologies that improve resource efficiency and reduce emissions. The company targets markets where decarbonisation and cleaner production methods are in demand among industrial and energy users.

Average Trading Volume: 461,040

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$41.61M

For detailed information about ECT stock, go to TipRanks’ Stock Analysis page.