Legal & General completes sale of Legal & General International (Ireland) Limited
Legal & General Completes Sale Of Legal & General International (Ireland) Limited
As previously announced on the 10 February 2015, Legal & General Group plc (“Legal & General”) has completed the sale of Legal & General International (Ireland) Limited (“Legal & General International”) to Canada Life Group.
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For further information, please contact:
Head of Investor Relations
020 3124 2088
Investor Relations Manager
020 3124 2047
Corporate Affairs Director
020 3124 2090
Head of Group Corporate Communications
020 3124 2095
Notes to editors:
Legal & General Group Plc
Established in 1836, Legal & General is a leading provider of insurance, savings and investment management products in the UK. The Group has a market capitalisation of £15bn (as at 1st July 2015) and is responsible for investing £737bn worldwide (as at 31st March 2015) on behalf of investors, policyholders and shareholders. We have over seven million customers in the UK for life assurance, pensions, investments and general insurance plans and over one million customers in the US who rely on us for life assurance. In 2014, Legal & General's operating profit (on the IFRS basis) was £1,275m and earnings per share were 16.70p for the period, an increase of 10% for both respectively.
This announcement may contain certain forward-looking statements relating to Legal & General, its plans and its current goals and expectations relating to future financial condition, performance and results. By their nature, forward-looking statements involve uncertainty because they relate to future events and circumstances which are beyond Legal & General’s control, including, among others, UK domestic and global economic and business conditions, market related risks such as fluctuations in interest rates and exchange rates, the policies and actions of regulatory and Governmental authorities, the impact of competition, the timing impact of these events and other uncertainties of future acquisition or combinations within relevant industries. As a result, Legal & General’s actual future condition, performance and results may differ materially from the plans, goals and expectations set out in these forward-looking statements and persons reading this announcement should not place reliance on forward-looking statements. These forward-looking statements are made only as at the date on which such statements are made and Legal & General Group Plc does not undertake to update forward-looking statements contained in this announcement or any other forward-looking statement it may make.