SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May, 2007
SCOTTISH POWER PLC
(Translation of Registrant’s Name Into English)
CORPORATE OFFICE, 1 ATLANTIC QUAY, GLASGOW, G2 8SP
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes No X
(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .)
FORM 6-K: TABLE OF CONTENTS
1. Notification by Scottish Power plc dated May 03, 2007, of B Shares Dividend & Repurchase
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR
FROM AUSTRALIA, CANADA OR JAPAN
3 May 2007
Scottish Power plc
B Shares Declaration of Dividend and Second Repurchase Offer
Scottish Power plc ("ScottishPower") announces that the dividend on its
non-cumulative preference shares of 50 pence each (the "B Shares") in
respect of the period 22 May 2006 to 28 May 2007 will be 13.3 pence per B Share
(the "B Share 2007 Dividend") (such dividend being calculated in
accordance with ScottishPower's articles of association).
The B Share 2007 Dividend will be paid on 29 May 2007 to holders of the B Shares
who were entered on the register of members of ScottishPower on 11 May 2007. The
ex-dividend date will be 9 May 2007.
In addition, ScottishPower announces that it has appointed Morgan Stanley
Securities Limited ("Morgan Stanley") as its agent to offer to purchase
all of the issued B Shares at a price of £3.60 per B Share, free of all
dealing expenses and commissions (the "Second Repurchase Offer"), on
or around 30 May 2007.
Holders of B Shares will shortly be receiving a letter containing the terms of
the Second Repurchase Offer and a repurchase form to be used in conjunction
therewith.
Copies of this letter will shortly be available for inspection at the Financial
Services Authority's Document Viewing Facility situated at: The Financial
Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.
This document will also shortly be available on the ScottishPower website at
www.scottishpower.com.
Any queries in relation to the B Share 2007 Dividend or the Second Repurchase
Offer should be directed to Lloyds TSB Registrars on 0870 600 3999.
Enquiries:
ScottishPower
Investors:
Peter Durman +44 141 636 4527
Media
Colin McSeveny +44 141 636 4515
Morgan Stanley, broker to ScottishPower
Jon Bathard-Smith +44 20 7425 8000
Morgan Stanley is acting for ScottishPower in relation to the Second Repurchase
Offer described in this announcement and no one else, and will not be
responsible to any other person for providing the protections afforded to
clients of Morgan Stanley or for advising any other person in relation to the
Second Repurchase Offer.
The Second Repurchase Offer is not being made, directly or indirectly, in or
into Canada, Australia or Japan, and the Second Repurchase Offer cannot be
accepted from within Canada, Australia or Japan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| /s/ Scottish Power plc | ||||
| (Registrant) | ||||
| Date: May 03, 2007 |
By: |
/s/ Donald McPherson | ||
| Donald McPherson | ||||
| Deputy Company Secretary | ||||