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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. 1)
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
<PAGE>
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. 1. Capitalized terms not defined herein have the
meanings assigned thereto in the Statement.
Item 10. Additional Information.
(b) and (c) On July 10, 1997, The Energy Group PLC issued a press release,
a copy of which is attached hereto as Exhibit (a)(12) and incorporated herein by
reference.
Item 11. Material to Be Filed as Exhibits.
(a)(12) Press Release, dated July 10, 1997.
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<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: July 10, 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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<PAGE>
EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION OF DOCUMENT
(a)(12) Press Release dated July 10, 1997
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NEWS RELEASE
The
Energy
Group PLC
CONTACT:
Chris Farrand
314-342-7590
FOR IMMEDIATE RELEASE
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July 10, 1997
THE ENERGY GROUP WILL SELL
CITIZENS' POWER MARKETING ASSETS
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LONDON, July 10 - The Energy Group PLC (LSE/NYSE: TEG) has entered into a
Memorandum of Understanding with Lehman Brothers Holdings, Inc. (NYSE: LEH) to
sell to Lehman those assets of Citizens Power which are subject to jurisdiction
under the Federal Energy Regulatory Commission (FERC).
Citizens Power LLC, the nation's fifth largest power marketing firm, is a
subsidiary of The Energy Group PLC, whose directors have recommended acceptance
of a cash tender offer by PacifiCorp, a Portland-(Ore.) based diversified energy
company. The Citizens Power assets included in the sale are the only assets
owned by The Energy Group which are subject to FERC jurisdiction.
The Energy Group also filed an application today with FERC for
authorization of the sale. The sale of the jurisdictional assets is subject to
PacifiCorp's successful completion of the tender offer for The Energy Group's
shares.
The Citizens Power name, its management and its employees will be retained
and will operate as an integral part of the combined PacifiCorp/Energy Group
entity.
