REG - Legal & General Grp - Redemption of Debt

Legal & GeneralAnnouncement

02/01/2026 17:00

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RNS Number : 5178N  Legal & General Group Plc  02 January 2026

 Legal & General Group Plc

 2 January 2026

Legal & General Group Plc
Redemption of £600,000,000 Fixed Rate Reset Subordinated Notes (the "Notes") due 2064 (ISIN: XS1079028566) issued by Legal & General Group Plc

 

Reference is made to the Terms and Conditions (the "Terms and Conditions") of
the Notes and to the Final Terms of the Notes dated 24 June 2014. Terms and
expressions defined in the Terms and Conditions of the Notes shall have the
same meanings in this notice.

 

On 8 September 2025, Legal & General Group Plc announced the successful
completion of a tender offer to all holders of the Notes, pursuant to which
£587,295,000 in aggregate nominal amount of the Notes (the "Tendered Notes")
were validly tendered for purchase by Noteholders.

 

The Tendered Notes were repurchased and cancelled by Legal & General Group
Plc on 9 September 2025. As at the date hereof, £12,705,000 in aggregate
nominal amount of the Notes remain outstanding (the "Outstanding Notes").

 

Notice is hereby given that, in accordance with Condition 6(f) of the Terms
and Conditions, Legal & General Group Plc will redeem the Outstanding
Notes at their Special Redemption Price on 2 February 2026, together with all
accrued but unpaid interest payable thereon. Following such redemption, there
will be no Notes outstanding.

 

The listing of the Notes on the Official List of the Financial Conduct
Authority and the admission of the Notes to trading on the Main Market of the
London Stock Exchange will be cancelled on, or shortly after, 2 February 2026.

 

-ENDS-

 

For further information, please contact:

Monika Remenyi

Head of Funding and DCM

Legal & General Group Plc

Tel: 020 3124 2064

 

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