Resolution non-exec Tim Wade's wife has bought shares in the insurance firm consolidator.
The 40,000 shares she bought are the only shares the couple own in Resolution. At 251.5p a share, they cost a total of £106,000.
Wade joined the Resolution board on 19 May and he is chairman of the audit and risk committee. Wade is also a director of Macquarie Bank International.
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In the first half of 2010, Resolution, which bought AXA's UK life assurance business in June for £2.75bn, reported an IFRS operating profit of £203m and "additional financial discipline" has seen Friends, snapped up last year for £1.9bn, contribute £211m. Resolution lost £7m a year ago.
New business profits jumped 153% at Friends to £81m, returns on new business rose from 10.7% to 15.1% and MCEV operating profit leapt 55% to £188m. Sales on an annual premium equivalent (APE) basis increased 42% to £458m.
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Cyprotex (CRX) Director name: Mr Douglas BatesAmount purchased: 5,303,571 @ 3.50p Value: £185,625
Resolution Ltd (RSL) Director name: Mr Tim WadeAmount purchased: 40,000 @ 251.50p Value: £106,000
Cyprotex (CRX) Director name: Dr Katya TsaiounAmount purchased: 1,767,857 @ 3.50p Value: £61,875
Lok'n Store Group (LOK) Director name: Mr Charles PealAmount purchased: 50,000 @ 87.00p Value: £43,500
Cyprotex (CRX) Director name: Mr Stephen HarrisAmount purchased: 714,286 @ 3.50p Value: £25,000
Cyprotex (CRX) Director name: Mr John DootsonAmount purchased: 550,000 @ 3.50p Value: £19,250
Aberdeen Latin American Inc Fund (ALAI) Director name: Mr Martin AdamsAmount purchased: 10,000 @ 100.00p Value: £10,000
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News Corp A (NCRA) Director name: Mr James MurdochAmount sold: 87,903 @ $12.95 Value: $1,138,344
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News Corp A (NCRA) Director name: Mr Chase CareyAmount sold: 34,355 @ $12.95 Value: $444,897
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