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Robinson PLC Finalizes Pension Scheme Buy-Out

Robinson PLC Finalizes Pension Scheme Buy-Out

Robinson (GB:RBN) has released an update.

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Robinson PLC has successfully completed the buy-out of its UK defined benefit pension scheme liabilities with Legal and General Assurance Society Limited, transferring a surplus to enhance member pensions and covering the costs of the buy-out and scheme wind-up. The transaction has been confirmed, with individual policy documents to be issued to all members, marking a significant move towards winding up the pension scheme.

For further insights into GB:RBN stock, check out TipRanks’ Stock Analysis page.

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