FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sanghavi Darshak
2. Issuer Name and Ticker or Trading Symbol

Babylon Holdings Ltd [ BBLN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Medical Officer
(Last)          (First)          (Middle)

2500 BEE CAVE ROAD, BLDG. 1, SUITE 400
3. Date of Earliest Transaction (MM/DD/YYYY)

3/13/2023
(Street)

AUSTIN, TX 78746
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A ordinary shares 3/13/2023  M  628 A (1)53662 D  
Class A ordinary shares 3/13/2023  F  3465 (2)D$8.46 50197 D  
Class A ordinary shares 3/13/2023  F  218 (2)D$8.46 49979 D  
Class A ordinary shares 3/13/2023  S  2640 (3)D$8.50 (4)47339 D  
Class A ordinary shares 3/14/2023  S  3743 (3)D$7.66 (5)43596 D  
Class A ordinary shares 3/15/2023  S  3202 (3)D$7.21 (6)40394 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted share units  (1)3/13/2023  M     628   (7) (7)Class A ordinary shares 628.0 $0 5659 D  

Explanation of Responses:
(1) The Class A ordinary shares reported were issued upon settlement of the restricted share units ("RSUs"), each representing a contingent right to receive one Class A ordinary share.
(2) Exempt transaction pursuant to Rule 16b-3(e) payment of tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued. All of the shares reported as disposed of on this line were relinquished by the Reporting person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting person resulting from the vesting of the RSUs.
(3) The Class A ordinary shares were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan. The disposition of the Class A ordinary shares is made pursuant to a discretionary transaction that is exempt from Section 16(b) pursuant to Rule 16b-3(d)(3).
(4) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.41 to $8.58. Full information regarding the number of shares sold at each separate price can be provided to the Issuer, any security holder of the Issuer or the SEC staff upon request.
(5) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.55 to $7.96. Full information regarding the number of shares sold at each separate price can be provided to the Issuer, any security holder of the Issuer or the SEC staff upon request.
(6) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.00 to $7.39. Full information regarding the number of shares sold at each separate price can be provided to the Issuer, any security holder of the Issuer or the SEC staff upon request.
(7) The RSUs were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan and vest in equal quarterly installments beginning February 10, 2023. Vested RSUs will be settled in shares or cash as soon as administratively practicable after vesting, but in no event more than 60 days after the RSUs' vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Sanghavi Darshak
2500 BEE CAVE ROAD
BLDG. 1, SUITE 400
AUSTIN, TX 78746


Chief Medical Officer

Signatures
/s/ Darshak Sanghavi3/16/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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