Form 6-K

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

 

 

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 22, 2006, of Results of Elections

 

22 May 2006

This document should not be transmitted, distributed or released in or into any jurisdiction in which such an act would constitute a violation of the relevant laws of such jurisdiction.

Scottish Power plc

Return of Cash - Results of Elections

In relation to the Return of Cash, approved by the shareholders of Scottish Power plc on 4 May 2006, shareholders and ADS Holders were given three alternatives in relation to their B Shares. As at the close of the Election Period, being 4.30 p.m. (London time) on 19 May 2006 (with respect to holders of Existing Ordinary Shares) and 12 noon (New York City time) on 17 May 2006 (with respect to holders of ADSs), the results of elections were as follows:

UBS and Morgan Stanley, each acting as agent for the Company, are to make today the Initial Repurchase Offer to purchase the 240,324,768 B Shares in respect of which valid elections have been received from shareholders. Those B Shares purchased pursuant to the Initial Repurchase Offer will be cancelled.

The Board of Scottish Power plc is also pleased to announce that it has declared the Single B Share Dividend of £3.60 per B Share payable to those shareholders who have, or who are deemed to have, elected to receive the Single B Share Dividend.

With respect to shareholders, it is expected that New Ordinary Share certificates, retained B Share certificates, sales advices, cheques in respect of the Single B Share Dividend and /or B Shares purchased under the Initial Repurchase Offer, as appropriate, and cheques for any fractional entitlements, will be despatched to relevant shareholders or relevant shareholders will have their CREST accounts credited with the proceeds, as appropriate, on 5 June 2006.

With respect to ADS Holders, cheques and transaction advices are expected to be despatched and book-entry credits made on or after 12 June 2006 in respect of B Shares purchased under the Initial Repurchase Offer, the Single B Share Dividend and any fractional entitlements.

Notes:

All capitalised terms shall have the meanings given to them in the Circular and the US Supplemental Memorandum, each dated 31 March 2006.

For further information:

Colin McSeveny                       Head of Media Relations                     0141 566 4515
Jennifer Lawton                      Director, Investor Relations                0141 636 4527

 

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 22, 2006

  

By:

  

/s/ Donald McPherson

       

Donald McPherson

       

Deputy Company Secretary