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. 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. 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. 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. Announcement • Sep 05
Legal & General Announces Executive Changes for Affordable Homes Legal & General has appointed Shaun Holdcroft as head of affordable homes, as the business positions itself for its next phase of growth. Holdcroft, who has been with L&G Affordable Homes since its launch in 2018, will take over the operational leadership of the platform, which has grown into one of the UK’s largest institutional providers of affordable housing. He succeeds Ben Denton, who becomes head of strategic growth (affordable housing) within L&G’s asset management division. Under Denton’s leadership, L&G’s affordable housing business has expanded to more than 8,000 homes in operation or development. In his new role, Denton will focus on scaling L&G’s presence in the sector by driving new investment and building on existing partnerships, positioning affordable housing as a core part of the group’s private markets housing platform. The leadership changes form part of a broader realignment that brings L&G’s affordable housing arm closer to its asset management division, aimed at strengthening links between operations and fund management. Announcement • Jul 02
Legal & General Group Plc Appoints Mark Jordy as Director, Effective July 1, 2025 Legal & General Group Plc announced the appointment of Mr. Mark Jordy as Director. Date of Appointment: July 1, 2025. Date of Birth: November 1959. Announcement • Jun 19
Legal & General Group Plc Provides Group Earnings Guidance for the Year 2025 Legal & General Group Plc provided Group earnings guidance for the year 2025. The company has made a good start to 2025 and are on track to deliver results in line with its 3-year targets, therefore the company expects growth in 2025 Group core operating EPS of between 6% to 9%. Announcement • May 23
Legal & General Group plc Approves Final Dividend Legal & General Group Plc announced that at its Annual General Meeting held on 22 May 2025 approved declaration of a final dividend of 15.36 pence per ordinary share. Announcement • May 20
Legal & General Group Plc (LSE:LGEN) agreed to acquire 75% stake in Proprium Capital Partners, L.P. Legal & General Group Plc (LSE:LGEN) agreed to acquire 75% stake in Proprium Capital Partners, L.P. on May 19, 2025. As part of the acquisition, Legal & General Group will commit up to $300 million in capital to support Proprium’s future fund strategies. Proprium’s management team will continue to operate independently from an operational and day-to-day perspective, maintaining its current leadership structure, teams, and investment process, all of which will be enhanced by working as part of the wider L&G Private Markets platform.
The transaction is expected to close by Q4 2025, subject to regulatory and anti-trust approvals. Announcement • Apr 10
Legal & General Group Plc, Annual General Meeting, May 22, 2025 Legal & General Group Plc, Annual General Meeting, May 22, 2025. Location: the british medical association, bma house, tavistock square, bloomsbury, wc1h 9jz, london United Kingdom Announcement • Mar 12
Legal & General Group Plc Declares Final Dividend for the Year Ended 31 December 2024, Payable on 5 June 2025 Legal & General Group Plc announced that the directors declared a final dividend of 15.36 pence per ordinary share for the year ended 31 December 2024. This dividend will be paid on 5 June 2025. Announcement • Feb 07
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. 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. 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 $2.3bn 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. Announcement • Dec 12
Legal & General Group plc Announces Board Changes Legal & General Group plc announced the following board changes as part of the Board's longer-term succession planning: Henrietta Baldock to be appointed as Senior Independent Director ("SID") designate; Mark Jordy to be appointed as independent Non-Executive Director of Legal & General Group plc; Lesley Knox and Philip Broadley to retire as Non-Executive Directors at the end of their nine-year tenure on the Board; and Carolyn Johnson to be appointed as Designated Workforce Director. Lesley Knox and Philip Broadley will each have completed nine years as Non-Executive Directors of the Company in 2025. As such, Lesley will be retiring from Legal & General on 21 May 2025, and Philip will be retiring on 31 August 2025. Lesley and Philip have both at separate stages held the role of SID for the Company; Lesley also held the role of Remuneration Committee Chair and chaired the Company's principal operating subsidiary in the Asset Management division, Legal & General Investment Management (Holdings) Limited (LGIM(H)), and Philip also held the role of Audit Committee Chair. In anticipation of Lesley's retirement from the Board, Henrietta Baldock will succeed Lesley as SID with effect from 21 May 2025. Henrietta joined the Board in October 2018 as a Non-Executive Director and is a member of the Group Nominations and Corporate Governance, Remuneration and Risk Committees. Henrietta is also chair of the Company's principal insurance operating subsidiary, Legal & General Assurance Society Limited (LGAS). As SID designate, Henrietta will lead the Board succession process for the Chair. In addition, Mark Jordy has agreed to join the Board of Legal & General as a Non-Executive Director with effect from 1 July 2025. Mark is currently Chair of LGIM(H). He brings to the Board significant experience in asset management through his executive and non-executive career, and will bolster the Board's oversight of Legal & General's growth plans for the Asset Management business. Markpreviously held a variety of roles at Wellington Management Company, including Chief Executive, EMEA Office.He currently serves as a Non-Executive Director for LGT, a European private bank, and LGT Capital Partners, a global alternatives manager. Mark will continue to chair LGIM(H) following his appointment to the Board, and will join the Group Nominations and Corporate Governance, Remuneration and Risk Committees on appointment. Carolyn Johnson will be appointed as the Company's designated Non-Executive Director for engagement with the Company's workforce on 1 April 2025, taking over from Nilufer Kheraj when Nilufer's three-year term in the role comes to an end. Announcement • Sep 24
Legal & General Group plc Announces Executive Changes Legal & General Group Plc announces the appointment of Eric Adler as Chief Executive Officer of Asset Management, subject to regulatory approval. The appointment follows the Group's announcement that it would bring together its public and private markets businesses as a unified global asset manager, at its Capital Markets Event in June. Prior to his leadership of Private Alternatives, Adler was CEO and Global Chief Investment Officer for PGIM Real Estate, Chair of Private Equity, and Head of their European business. Before joining PGIM in 2010, he was Co-head of Tishman Speyer Europe. As indicated previously, Michelle Scrimgeour, CEO of LGIM, will step down from her role and leave the business after a handover period. Announcement • Sep 18
Patron Capital Limited and Sixth Street Partners, LLC agreed to acquire CALA Group Limited from Legal & General Group Plc (LSE:LGEN) for approximately £1.2 billion. Patron Capital Limited and Sixth Street Partners, LLC agreed to acquire CALA Group Limited from Legal & General Group Plc (LSE:LGEN) for approximately £1.2 billion on September 18, 2024. The consideration for the sale will result in cash proceeds of £1.16bn (after adjustment for net debt), of which £500 million will be paid at closing with the remaining consideration being paid over the next five years on a deferred non-contingent basis. As at HY24, Cala had a Net Asset Value of £1.15 billion and generated operating profits of £42 million. Disposal proceeds from the sale will primarily be used, as they become available, to reinvest in the Group in line with our strategy and the capital allocation framework set out at the CME. The Board will also consider the proceeds as part of the Group's announced intention to increase returns to shareholders through ongoing buybacks. As signalled, the sale of Cala reduces the Group's Solvency Capital Requirement (SCR) by £100 million after diversification. The transaction is expected to complete in Q4 2024. Announcement • Aug 30
Legal & General Group plc Appoints Carolyn Johnson as A Member of the Group Data and Technology Committee, Effective from 1 September 2024 Legal & General Group Plc announce the appointment of Carolyn Johnson as a member of the Group Data and Technology Committee with effect from 1 September 2024. Carolyn joined the Board on 17 June 2022 as a non-executive director and is a member of the Group Audit Committee, Group Risk Committee and Group Nominations and Corporate Governance Committee. Announcement • Aug 16
Legal & General Group plc Appoints Clare Bousfield as an Independent Non-Executive Director, with Effect from December 1, 2024 The Board of Legal & General Group Plc announced the appointment of Clare Bousfield as an independent non-executive director of the Company with effect from 1 December 2024. Clare will join the Group Risk Committee, Group Data and Technology Committee and Group Nominations and Corporate Governance Committee on appointment. Clare brings extensive UK financial services experience from her roles at M&G Plc, where she served as both Group CFO and latterly CEO, Retail & Savings. Prior to M&G's demerger from Prudential, Clare served as CEO, Insurance for Prudential UK & Europe. Prior to her time at Prudential, Clare held various senior roles at Aegon and Swiss Re Group, having started her career at PwC. Clare is currently a non-executive director of Bupa, a non-executive director and chair of the audit and risk committee of IVC Evidensia (a major global veterinary business), a non-executive director and chair of the risk committee of Nucleus Financial Platforms (an investment administration provider with £90 billion of assets under management) and a non-executive director at Recipharm (a pharmaceutical contract development and manufacturing organisation (CDMO)). Announcement • Aug 07
Legal & General Group Plc Recommends Interim Dividend for the First Half of 2024, Payable on 27 September 2024 The Board of Legal & General Group Plc has recommended an interim dividend of 6.00 pence for the first half 2024, up 5% from the prior year (5.71 pence). Ex-dividend date (2024 interim dividend) is 22 August 2024. Record date is 23 August 2024. Dividend payment date is 27 September 2024. Announcement • Jun 16
Legal & General Group Plc (LSE:LGEN) commences an Equity Buyback Plan for 597,971,439 shares, representing 10% of its issued share capital, under the authorization approved on May 23, 2024. Legal & General Group Plc (LSE:LGEN) commences share repurchases on June 13, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 23, 2024. As per the mandate, the company is authorized to repurchase up to 597,971,439 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is 2.5p and the maximum price which may be paid for each ordinary share is the higher an amount equal to 5% above the average market value of an ordinary share five business days immediately preceding the day on which that ordinary share is contracted to be purchased and the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venues where the purchase is carried out at the relevant time. The shares purchased may either be cancelled or held as treasury shares. The authority shall expire at the conclusion of the next Annual General Meeting of the company to be held in 2024 or June 30, 2025, if earlier. As of May 22, 2024, the company had 5,979,769,298 ordinary shares in issue and 0 shares in treasury.
On June 12, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to £200 million worth of its shares. The repurchased shares will be cancelled. The purpose of the program is to reduce the share capital of the company. The program will be valid till December 12, 2024. Announcement • Jun 14
Legal & General Group Plc Provides Earnings Guidance for the Year 2024 In 2024, Legal & General Group Plc announced that the company expects to deliver mid-single-digit growth in core operating profit for the full year. However, in 2023, performance was skewed to the first half across several items, such as asset revaluations and release of provisions, such as for adverse U.S. mortality. Therefore, the company do expect the half year operating profit result to be broadly flat, but with that anticipated growth by the year-end. Announcement • Jun 13
Legal & General Group Plc Announces Executive Changes Legal & General Group Plc announced that Michelle Scrimgeour has announced her intention to step down from the role of LGIM CEO, and the Group has begun a global search for a CEO to lead the growth of the combined Asset Management division. Michelle will continue as CEO of the legal entity, LGIM (Holdings) Limited, until this appointment is made, and will lead the transition and establishment of new division with Laura Mason, who is appointed CEO of Private Markets. Both will report to the Group CEO. Announcement • Mar 19
L&G Reportedly Taps Rothschild to Run Potential Sale of Cala British insurer Legal & General Group Plc (LSE:LGEN) is lining up investment bank Rothschild to oversee a potential sale of its housebuilder arm Cala, a source familiar with the matter told Reuters, as new Chief Executive Officer Antonio Simoes weighs a strategic overhaul. Legal & General (L&G) has held discussions with Rothschild about potentially running a sales process for Cala, but no final decision on offloading the business has been made, the source said. Sky News first reported on the discussions. Cala did not immediately respond to a request for comment. Announcement • Jan 17
Legal & General Group Plc to Report First Half, 2024 Results on Aug 07, 2024 Legal & General Group Plc announced that they will report first half, 2024 results on Aug 07, 2024