Resolution founder and chairman Clive Cowdery has bought a further stake in the consolidation vehicle.
Cowdery has bought 240,000 shares in Resolution Limited at 252.91p per share. The purchase is in his personal capacity, and not as part of the share holdings of the managing Resolution partnership. The partnership together owns £28m in company shares. A spokesperson for Cowdery said the Resolution chairman had previously been unable to increase his personal stake in the company due to conflicts over his knowledge of upcoming acquisitions. However the business is now coming to an end of the acquisitions phrase of its development project and will be in future focusing on deliverin...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
