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.
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