re: possible takeover this is the reason:
http://uk.biz.yahoo.com/050203/323/fbqoq.html
LONDON (AFX) - Resolution Life Group confirmed that it is analysing a potential cash offer for HHG PLC (LSE: HHG.L - news) or, as an alternative, the acquisition of HHG's Life Services businesses.
Resolution Life Group ('RLG') also said it continues to review a number of acquisition opportunities in the closed life sector.
On HHG, RLG said its considerations are at a preliminary stage only and there can be no certainty that they will lead to a transaction of any kind.
Privately-owned Resolution Life, which is backed by a group of companies including Foreign & Colonial Investment Trust Plc, FF&P Asset Management Ltd and Nikko Principal Investments Ltd, was formed last year to buy and run closed UK life funds
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