Babylon Director Bolsters Stake with Performance Rights

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

Patrick Maingard, a director at Babylon Pump & Power Ltd, has increased his stake in the company without cash consideration. He acquired 5 million unlisted Performance Rights valued at $25,000 under the shareholder-approved Incentive Awards Plan on March 19, 2024. Post-acquisition, Maingard indirectly holds over 20.5 million ordinary shares and 5 million Performance Rights in the company.

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