Announcement • Jun 06
Legal & General Group plc Announces termination of Mr. Ric Wayne Lewis from Director Role, Effective May 18, 2026 LEGAL & GENERAL GROUP PLC announced that Mr. Ric Wayne Lewis termination as director effective May 18, 2026. Announcement • May 23
Legal & General Group plc Approves the Declaration of A Final Dividend Legal & General Group Plc at its Annual General Meeting held on 21 May 2026, approved the declaration of a final dividend of 15.67 pence per ordinary share. Upcoming Dividend • Apr 16
Upcoming dividend of UK£0.16 per share Eligible shareholders must have bought the stock before 23 April 2026. Payment date: 04 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.2%). Announcement • Mar 21
Caisson Investment Management Partners LLP and Aureon Partners LLC acquired Weston Industrial Estate from Legal & General Group Plc (LSE:LGEN). Caisson Investment Management Partners LLP and Aureon Partners LLC acquired Weston Industrial Estate from Legal & General Group Plc (LSE:LGEN) on March 19, 2026. In an related transaction Caisson Investment Management Partners LLP and Aureon Partners LLC acquired Metro Park, a 52,000-sq ft industrial estate two miles south of the city center.
Gowling WLG (UK) LLP and Womble Bond Dickinson (UK) LLP act as legal advisor for Caisson Investment Management Partners LLP and Aureon Partners LLC.
Caisson Investment Management Partners LLP and Aureon Partners LLC completed the acquisition of Weston Industrial Estate from Legal & General Group Plc (LSE:LGEN) on March 19, 2026. Announcement • Mar 18
Legal & General Group plc Announces Board and Committee Changes Legal & General Group Plc announced that after six years of service, Ric Lewis has decided to retire from the Board and will stand down as a Non-Executive Director on May 18, 2026. The Board also announced the appointment of Scott Wheway as Chair of the Nominations and Corporate Governance Committee with effect from May 21, 2026. Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: UK£0.083 (vs UK£0.029 in FY 2024) Full year 2025 results: EPS: UK£0.083 (up from UK£0.029 in FY 2024). Revenue: UK£11.1b (down 7.4% from FY 2024). Net income: UK£475.0m (up 179% from FY 2024). Profit margin: 4.3% (up from 1.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.5% growth forecast for the Insurance industry in Europe. New Risk • Mar 11
New major risk - Revenue and earnings growth Earnings have declined by 49% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 483% Paying a dividend despite having no free cash flows. Earnings have declined by 49% per year over the past 5 years. Announcement • Mar 11
Legal & General Group plc Declares Final Dividend for the Year Ended 31 December 2025, Payable on 4 June 2026 Legal & General Group Plc declared a final dividend for 2025 of 15.67 pence per ordinary share for the year ended 31 December 2025. This dividend will be paid on 4 June 2026. It will be accounted for as an appropriation of retained earnings in the year ended 31 December 2026 and is not included as a liability in the Consolidated Balance Sheet as at 31 December 2025. Ex-dividend date is 23 April 2026 and record date is 24 April 2026. Announcement • Feb 02
Meiji Yasuda Life Insurance Company completed the acquisition of Legal & General America, Inc. from Legal & General Group Plc (LSE:LGEN) for $2.6 billion. Meiji Yasuda Life Insurance Company entered into an agreement to acquire Legal & General America, Inc. from Legal & General Group Plc (LSE:LGEN) for $2.3 billion on February 7, 2025. Consideration will be paid in cash at completion (subject to certain purchase price adjustments). This Acquisition includes U.S. holding company LGA, a wholly owned subsidiary of L&G, and the entities owned by LGA (Banner Life and Legal & General America Reinsurance Ltd. Under the terms of the Transaction, the equity value of $2.3 billion represents a compelling multiple to estimated 2024 post-tax earnings. Approximately $498.64 million will be used to fund the US PRT reinsurance arrangement and the remainder will be deployed in line with the Group's capital allocation framework. The transaction is is subject to customary closing conditions and regulatory approvals. The Transaction is expected to complete towards the end of 2025. Alexander Cochran and Kristen Matthews acted as legal advisor to Meiji Yasuda Life Insurance Company. Motoyasu Fujita, Kenneth Lam, Jonathan Gafni, John Eichlin, Marcus Pollard and Alastair Holt of Linklaters LLP acted as legal advisor to Meiji Yasuda. Joe Cosentino, Dennis Manfredi, Jeffrey LeMaster, Phil Wagman and Michael Van Arsdall of Clifford Chance LLP acted as legal advisor to Legal & General Group Plc.
Meiji Yasuda Life Insurance Company completed the acquisition of Legal & General America, Inc. from Legal & General Group Plc (LSE:LGEN) for $2.6 billion on February 2, 2026. As per the transaction, the payment transferred on completion was $2.6 billion, allowing for upwards purchase price adjustments of c. $300 million. Announcement • Jan 29
L&G Appoints Tim Morris and Philipp Westermann as Co-Heads of Real Assets L&G has appointed Tim Morris and Philipp Westermann as co-heads of real assets. In a statement L&G said Morris and Westermann, who were co-managing partners at Proprium, will drive the expansion of infrastructure and real estate strategies across new markets, including Asia, Europe and the US. They will also spearhead the group’s target of £85 billion in private markets assets under management by 2028. According to figures supplied by L&G, its private markets AUM stood at £70bn as at June 2025. Under the dual leadership structure, Morris’ primary responsibility will be to lead L&G’s global real assets proposition. Westermann will continue to head Proprium Capital Partners, while providing strategic direction and operational support across the broader L&G real assets business. Announcement • Jan 06
Legal & General Group plc Appoints Jonathan Scott Wheway as Director Effective January 2, 2026 Legal & General Group Plc appointed Jonathan Scott Wheway as a director effective January 2, 2026. The company confirms that Jonathan Scott Wheway has consented to act as a director. His date of birth is August 1966. His nationality is British and his country/state of usual residence is the United Kingdom. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group CFO & Executive Director Andrew Kail was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 05
Independent Non-Executive Director recently bought €1.1m worth of stock On the 3rd of November, Laura Wade-Gery bought around 1k shares on-market at roughly €1,072 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.3m more in shares than they have sold in the last 12 months. Announcement • Oct 18
NatWest Pension Trustees Limited acquired remaining 50% stake in Inspired Villages LTD from Legal & General Group Plc (LSE:LGEN). NatWest Pension Trustees Limited acquired remaining 50% stake in Inspired Villages LTD from Legal & General Group Plc (LSE:LGEN) on October 17, 2025.
NatWest Pension Trustees Limited completed the acquisition of remaining 50% stake in Inspired Villages LTD from Legal & General Group Plc (LSE:LGEN) on October 17, 2025.