Daily Stock Market Report (Wed 11th March 2026) - HBR, FOUR

Good morning! The Agenda is complete.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)Legal amp; General (LON:LGEN) (£15bn | SR30)Full Year Results 2025Core Operating Profit up 6% to £1,623m, core EPS up 9% to 20.93p. Profit rose in Institutional Retirement and Retail units and was flat in Asset Management. Dividend lifted 2%, new £1.2bn share buyback launched. 2026 outlook: expect core EPS growth to be at top end of 6%-9% 3yr target range.Harbour Energy (LON:HBR) (£4.5bn | SR99)Pricing of accelerated placing in Harbour EnergySP -9% to 257pSecondary placing: an entity controlled by EIG Management Company (7.55% shareholder) has sold 60m shares (3.8%) at 255p per share, raising gross proceeds of c.£153m.AMBER = (Roland) [no section below]EIG was one of the original backers of Harbour Energy in 2014 as a private vehicle for oil and gas investment. Following the merger of North Sea producer Chrysaor with Premier Oil in 2021, EIG had a 36% shareholding in the combined group (renamed Harbour Energy). Since then, EIG’s stake had already fallen to 7.55% through distributions, sales and dilution from subsequent corporate transactions Harbour has undertaken.This latest disposal reduces EIG’s holding to c.3.5%...