Babylon Director’s Stake Boosts Through Incentive Plan

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

Babylon Pump & Power Limited has announced a significant change in director Chris Radin’s interests, with the acquisition of 5 million unlisted performance rights issued under the company’s Incentive Awards Plan. This move, indicating a bolstered alignment with shareholder interests, did not involve any cash consideration as it was part of an incentive scheme approved by shareholders in November 2023.

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