Resolution - Share repurchase programme

  • 07 June 2011
 

Slaughter and May is advising Resolution Limited on a share repurchase programme. Resolution has entered into a non-discretionary arrangement with Barclays Bank PLC, acting through its investment banking division Barclays Capital, and the Royal Bank of Canada Europe Limited (the 'Joint Brokers'). The arrangement allows the Joint Brokers to independently purchase up to £250 million of ordinary shares in Resolution from 08 June 2011 until Resolution's authority to purchase shares expires. The shares purchased will be cancelled.

The arrangement was announced on 07 June 2011.

 
 

Contacts

 

Jeff Twentyman (partner), Ollie Harris (associate); Financing: Andrew McClean (partner), Andrew Chaplin (associate)

 
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