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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 26, 1995
PP&L Resources, Inc.
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(Exact name of registrant as specified in its charter)
PENNSYLVANIA 1-11459 23-2758192
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification
No.)
TWO NORTH NINTH STREET, ALLENTOWN, PA. 18101-1179
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number,including area code 610-774-5151
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(Former name or former address, if changed since last report.)
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Item 5. Other Events
Effective April 27, 1995, PP&L Resources, Inc. (Resources), a
Pennsylvania corporation which had been a wholly-owned subsidiary of
Pennsylvania Power & Light Company (PP&L), became the parent holding
company of PP&L. This restructuring was approved by PP&L's shareowners at
PP&L's 1995 Annual Meeting on April 26, 1995. As of the effective date,
the holders of PP&L Common Stock automatically became holders of Resources
Common Stock and the present stock certificates representing PP&L Common
Stock automatically represent Resources Common Stock.
The purpose of this restructuring is to take advantage of new business
opportunities. As a part of this restructuring, Power Markets Development
Company, which was incorporated by PP&L to take advantage of opportunities
in the building and operation of power plants in North America and
elsewhere, became a direct subsidiary of Resources. Other subsidiaries may
be formed to take advantage of new business opportunities.
SIGNATURE
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.
PENNSYLVANIA POWER & LIGHT COMPANY
by /s/ R. E. Hill
R. E. Hill
Senior Vice President -
Financial and Treasurer
Date: April 27, 1995