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 30, 2007, of B Share Repurchase

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR
                        FROM AUSTRALIA, CANADA OR JAPAN



                                                                     30 May 2007

                               Scottish Power plc

                         Repurchase Offer for B Shares

Further to the announcement made on 3 May 2007 in relation to the repurchase
offer (the "Second Repurchase Offer") to be made by Morgan Stanley Securities
Limited ("Morgan Stanley") on behalf of Scottish Power plc ("ScottishPower") for
ScottishPower's non-cumulative preference shares ("B Shares"), ScottishPower
announces that valid elections to accept the Second Repurchase Offer were
received in relation to 5,315,091 B Shares (41 per cent. of the issued B
Shares).

Morgan Stanley, acting as agent for ScottishPower, hereby makes the Second
Repurchase Offer to purchase the 5,315,091 B Shares in respect of which valid
elections to accept the Second Repurchase Offer have been received in an
on-market transaction on the terms set out in the letter to holders of B Shares
dated 3 May 2007. The offer is to purchase B Shares for £3.60 each, free of all
dealing expenses and commissions. Those B Shares purchased pursuant to the
Second Repurchase Offer will be cancelled.

Cheques and sales advice in respect of B Shares purchased under the Second
Repurchase Offer are expected to be dispatched on or about 5 June 2007 and
assured payments made through CREST on 5 June 2007.

Any queries in relation to 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

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 30, 2007

  

By:

  

/s/ Mrs Sheelagh Duffield

       

Mrs Sheelagh Duffield

       

Company Secretary