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Melrose proposed takeover of GKN

FOI reference - FOI 2018-04-12(b)
Date - 12/04/2018

Request

I write with regards to Melrose PLC’s proposed takeover of GKN PLC, and request the following information by way of the Freedom of Information Act:

  1. The number of meetings The Pensions Regulator (TPR) has had, including dates, with GKN PLC since 2016.
  2. The number of meetings TPR has had, including dates, with GKN Pension Fund Trustees since 2016.
  3. The number of meetings TPR has had, including dates, with Melrose PLC, in respect of GKN and GKN pensions since 2016.

Response

I can confirm that we hold the information you have requested. I would also like to advise that whilst you did not request the number of conference calls, we interpreted your request to include these communications as meetings. All meeting dates are in the table below.

  1. TPR had three meetings with GKN PLC since 2016.
  2. TPR had nine meetings with GKN Pension Fund Trustees (or representatives of the Trustee Board) since 2016.
  3. TPR had two meetings with Melrose PLC, in respect of GKN PLC and GKN pensions since 2016.
Date Meeting type Meeting attendees
28/04/2016 Conference call TPR and scheme trustees and GKN PLC
08/09/2016 Meeting TPR and scheme trustees
20/09/2016 Meeting TPR and GKN PLC
17/07/2017 Conference call TPR and scheme trustees
30/01/2018 Meeting TPR and scheme trustees
07/02/2018 Meeting TPR and GKN PLC
08/02/2018 Meeting TPR and scheme trustees
14/02/2018 Meeting TPR and Melrose PLC
26/02/2018 Conference call TPR and scheme trustees
08/03/2018 Conference call TPR and scheme trustees
21/03/2018 Conference call TPR and scheme trustees
26/03/2018 Conference call TPR and scheme trustees
26/03/2018 Meeting TPR and Melrose PLC