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Commencement of Share Buyback

12th Mar 2026 07:00

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Shares acquired by Barclays under the agreement will be purchased by Barclays as riskless principal for subsequent repurchase by the Company. All shares repurchased under the Programme will be cancelled. The purpose of the Programme is therefore to reduce the Company's share capital. Any purchase of the Company's ordinary shares contemplated by this announcement will be carried out on the London Stock Exchange and any other UK recognised investment exchange which may be agreed, in accordance with pre-set parameters, and in accordance with the Company's general authority to repurchase ordinary shares granted by its shareholders on 22 May 2025, the UK Market Abuse Regulation, the Companies Act 2006, and Chapter 9 of the Financial Conduct Authority's Listing Rules. The maximum number of shares which may be acquired under the Programme is 476,796,751 (being the number of shares remaining under the authority granted by shareholders at the Company's annual general meeting on 22 May 2025). The first tranche of the Programme is expected to cover the period from 12 March 2026 and end no later than 18 September 2026. -ENDS- Notes to editors About L&G Established in 1836, L&G is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY25) of which c. 43% (c. £0.5 trillion) is international. We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society. As at 11 March 2026, L&G has a market capitalisation of £13.7 billion. Further informationName: Andy SinclairRole: Group Chief Strategy & Investor Relations OfficerTel: +44 20 3124 2494Email: [email protected] Name: Michelle MooreRole: Group Strategy & Investor Relations DirectorTel: +44 203 124 2091Email: [email protected] Name: Gregory FranckRole: Investor Relations DirectorTel: +44 203 124 4415Email: [email protected] Name: Natalie WhittyRole: Group Corporate Affairs DirectorTel: +44 738 443 5692Email: [email protected] Name: Lucy Legh / Nigel PrideauxRole: External Consultants, Headland ConsultancyTel: +44 20 3805 4822Email: [email protected] This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MSCGPURPWUPQGMG
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