Babylon Director’s Stake Boosted by Incentive Plan

Babylon Pump & Power Ltd (AU:BPP) has released an update.

Babylon Pump & Power Ltd has disclosed a change in director Patrick Maingard’s interests, indicating an acquisition of 5 million unlisted Performance Rights under the company’s Incentive Awards Plan, without any cash consideration. This change complements Maingard’s existing indirect interest in over 20 million ordinary shares, all conducted within regulatory compliance.

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