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Babylon Pump & Power Director Increases Stake Through Incentive Plan

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Babylon Pump & Power Director Increases Stake Through Incentive Plan

The latest update is out from Babylon Pump & Power Ltd ( (AU:BPP) ).

Babylon Pump & Power Limited has announced a change in the director’s interest, with Mr. Chris Radin acquiring 4,166,667 unlisted performance rights under the company’s Incentive Awards Plan. This acquisition increases his direct interest to 9,166,667 ordinary shares, reflecting the company’s commitment to aligning management incentives with shareholder interests.

More about Babylon Pump & Power Ltd

Babylon Pump & Power Limited operates in the industrial sector, focusing on providing pump and power equipment solutions. The company is known for its services in equipment rental, maintenance, and rebuild services, catering primarily to the resources, energy, and infrastructure markets.

Current Market Cap: €7.27M

For a thorough assessment of BPP stock, go to TipRanks’ Stock Analysis page.

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