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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1
Tender Offer Statement
Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934
(Amendment No. 4)
THE ENERGY GROUP PLC
(Name of Subject Company)
PACIFICORP ACQUISITIONS
PACIFICORP
(Bidders)
Ordinary Shares of 10p Each and
American Depositary Shares, Each Representing 4 Ordinary Shares
and Evidenced by American Depositary Receipts
(Title of Class of Securities)
292691 10 2
(CUSIP Number of Class of Securities)
Richard T. O'Brien
PacifiCorp
Port of Portland Building, Suite 1600
700 NE Multnomah
Portland, Oregon 97232
(503) 731-2000
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidder)
Copy to:
Stuart W. Chestler
Stoel Rives LLP
900 SW Fifth Avenue, Suite 2300
Portland, Oregon 97204-1268
(503) 294-9500
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14D-1
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1. Name of reporting person
PacifiCorp Acquisitions
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2. Check the appropriate box if a member of a group (a) ___
(b) ___
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3. SEC Use Only
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4. Sources of Funds
AF, BK
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5. Check box if disclosure of legal proceedings is required pursuant
to Items 2(e) OR 2(f) ___
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6. Citizenship or place of organization
England and Wales
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7. Aggregate amount beneficially owned by each reporting person
None (0)
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8. Check box if the aggregate amount in row (7) excludes certain shares
___
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9. Percent of class represented by amount in row (7)
None (0)
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10. Type of reporting person
CO
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2
<PAGE>
14D-1
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1. Name of reporting person
PacifiCorp
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2. Check the appropriate box if a member of a group (a) ___
(b) ___
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3. SEC Use Only
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4. Sources of Funds
BK
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5. Check box if disclosure of legal proceedings is required pursuant
to Items 2(e) OR 2(f) ___
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6. Citizenship or place of organization
Oregon
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7. Aggregate amount beneficially owned by each reporting person
None (0)
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8. Check box if the aggregate amount in row (7) excludes certain shares
___
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9. Percent of class represented by amount in row (7)
None (0)
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10. Type of reporting person
CO
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3
<PAGE>
PacifiCorp Acquisitions and PacifiCorp hereby amend and supplement their
Tender Offer Statement on Schedule 14D-1 (the "Statement"), originally filed on
June 30, 1997, with respect to their offer to purchase all outstanding Ordinary
Shares of 10p each and American Depositary Shares, each representing 4 Ordinary
Shares and evidenced by American Depositary Receipts, of The Energy Group PLC, a
public limited company organized under the laws of England and Wales, as set
forth in this Amendment No. 4. Capitalized terms not defined herein have the
meanings assigned thereto in the Statement.
Item 10. Additional Information.
(b) and (c) On August 1, 1997, PacifiCorp issued a press release, a copy of
which is attached hereto as Exhibit (a)(16) and is incorporated herein by
reference.
Item 11. Material to Be Filed as Exhibits.
(a)(16) Press Release, dated August 1, 1997.
4
<PAGE>
SIGNATURES
After due inquiry and to the best of their knowledge and belief, each of
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: August 1, 1997
PACIFICORP ACQUISITIONS
By W.E. PERESSINI
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Print Name W.E. Peressini
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Title Deputy Chief Financial Officer
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PACIFICORP
By W.E. PERESSINI
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Print Name W.E. Peressini
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Title Vice President and Treasurer
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5
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EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION OF DOCUMENT
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(a)(16) Press Release dated August 1, 1997
6
Exhibit (a)(16)
For further information
Richard O'Brien, for investors, (503) 731-2123 For Release
Bill Peressini, for investors, (503) 731-2044 August 1, 1997
Dave Mead, for media, (503) 464-6262
Dave Kvamme, for media, (503) 464-6272
PacifiCorp Disappointed with Referral to MMC of
Energy Group Offer in the United Kingdom
PORTLAND, Oregon -- PacifiCorp (NYSE:PPW) expressed disappointment today
that its proposed acquisition of The Energy Group (NYSE/LSE: TEG), has been
referred to the Monopolies and Merger Commission by the President of the Board
of Trade in the United Kingdom.
PacifiCorp said it would cooperate fully in the inquiry and respond
promptly to information requests by the MMC.
Margaret Beckett, who is President of the Board of Trade and Secretary of
State for Trade and Industry, set a deadline of November 21, 1997 for the MMC to
report on its investigation.
Under its terms, the offer has therefore lapsed. Shareholders representing
almost two-thirds of TEG share capital had submitted valid acceptances of their
shares before the President of the Board of Trade announced the referral today.
Another regulatory clearance is pending in the United States, under the
Hart-Scott-Rodino Antitrust Act. The U.S. Federal Trade Commission requested
time to consider additional information provided by the companies.
On June 13, PacifiCorp and TEG announced the transaction under which
PacifiCorp Acquisitions, a wholly owned subsidiary of PacifiCorp, offered to
purchase all the shares of TEG for 690 pence per ordinary share. Goldman Sachs
International made the offer to shareholders on behalf of PacifiCorp
Acquisitions on June 30.
PacifiCorp is a diversified energy company with 1.4 million retail electric
customers in the western United States and 550,000 customers in the state of
Victoria in Australia. PacifiCorp, which has more than 10,000 megawatts of
generation capacity, also is a major wholesale provider of power in the western
U.S. and recently expanded its power marketing operations nationwide in the U.S.
The Energy Group has 3 million gas and electric customers and some 7,000
megawatts of generation capacity in the U.K. and owns Peabody Coal Company, the
largest U.S. coal company.
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