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RESOLUTION LIMITED

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and/or their Connected Persons

Sale of shares 

On 6 January 2014, Resolution Limited (the "Company") was informed that ordinary shares of nil par value had been sold by the PDMR named below. The transaction took place on 31 December 2013 in London. The sale price was 352.40 pence per share.

Name

Director/PDMR

Number of shares sold

Total beneficial interest in shares following transaction

John Van Der Wielen

PDMR

15,000

57,229

All employee Share Incentive Plan - Purchase of Partnership Shares

On 6 January 2014, the Company was informed that ordinary shares of nil par value had been purchased under the Friends Life Group plc Share Incentive Plan. The transactions took place on 6 January 2014 in London in respect of the Director and PDMR named below. The purchase price was 349.4191 pence per share.

Name

Director/PDMR

Number of shares acquired

Total beneficial interest in shares following transaction

Andy Briggs

Director

36

353,627

Rosie Harris

PDMR

36

737

The registered holder for these transactions is Yorkshire Building Society (Friends Life Group plc SIP).

This disclosure relates to transactions notified in accordance with DTR 3.1.4(1)(a).

Enquiries:

Victoria Hames, Company Secretary

Tel: 0845 641 7825

Overseas: +44 (0)1306 871825

Date of notification: 7 January 2014


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