The update arrives as software version H91810p to LG V20 while LG G5 is receiving the update as software version H83020k. The update also includes regular bug fixes and enhances the stability of your device.
The update is being seeded over the air and may take a while to reach your device. In case waiting is not your thing and you want to check manually, you can head to Settings > About device > System updates.
Read: LG G5 Nougat update
Also, ensure that you’re downloading the update over WiFi to bypass on additional data charges. It is also advisable to back up your personal files and data and ensure that your device has a minimum of 50 percent charge before installing the update.