Babylon Pump Director’s Stake Surges

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

Babylon Pump & Power Ltd has announced a significant change in the interests of director Ms. Louise Bower, with an acquisition of 5,000,000 Performance Rights under the company’s Incentive Awards Plan as of March 19, 2024. These rights were issued with no cash consideration and come in addition to her indirect interest in 2,901,588 ordinary shares, reflecting a notable increase in her stake in the company.

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