Redemption of Capital Securities

RNS Number : 5861Z

Legal & General Group Plc

15 March 2017

 

Legal & General Group Plc

15 March 2017

Redemption of £600,000,000 perpetual preferred callable capital securities (the "Capital Securities") issued by Legal & General Group Plc

Legal & General Group Plc has today given notice in accordance with Condition 7(b) of the Terms and Conditions of the Capital Securities that, on 2 May 2017, it will redeem the Capital Securities at the redemption price of the principal amount per Capital Security, together with £1,596.25 per Capital Security in accrued but unpaid interest payable thereon up to but excluding 2 May 2017.  Following such redemption, there will be no Capital Securities outstanding.

Legal & General Group Plc has applied to the Financial Conduct Authority, in its capacity as the United Kingdom Listing Authority, to cancel the listing of the Capital Securities on the Official List of the United Kingdom Listing Authority, with effect from (and including) 2 May 2017.

For further information, please contact:

Frank Turley, Group Treasurer

Legal & General Group Plc

One Coleman Street

London

EC2R 5AA

Telephone: [phone]

Ian Dixon, Group Treasury Controller

Legal & General Group Plc

One Coleman Street

London

EC2R 5AA

Telephone: [phone]

This information is provided by RNS, the company news service from the London Stock Exchange.

END.

 

END

 

 

MSCUVUSRBSAOAAR