PPL Corporation (NYSE:PPL) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
On November 30, 2018, PPL Corporation ("PPL") issued a news release regarding its filing of a complaint against Talen Energy Corporation ("Talen") and certain of its affiliates, including Riverstone Holdings, LLC, in the Delaware Court of Chancery, seeking damages and relief from claims made by Talen in Montana state court arising out of the spinoff of PPL Energy Supply in June 2015. A copy of the news release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Additionally, PPL has posted a copy of the news release on its website at www.pplweb.com. Investors and others should note that PPL may announce from time to time material information regarding the aforementioned matters using PPL's website (www.pplweb.com), SEC filings, news releases and public conference calls. Such litigation information may also be otherwise publicly available.
The news release contains "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements include those concerning the outcome of litigation. Although PPL believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. Factors that could cause actual results to differ materially from the forward-looking statements include inherent uncertainties of litigation and factors outside of PPL's control. Any such forward-looking statements should be considered in light of such important factors and in conjunction with factors and other matters discussed in PPL's Form 10-K and other reports on file with the Securities and Exchange Commission. PPL disclaims any intention or duty to update forward-looking statements made in the news release.
Section9 – Financial Statements and Exhibits
Item 9.01 Exhibits.
(d) Exhibits
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News Release, dated November 30, 2018 |
PPL Corp ExhibitEX-99.1 2 exhibit991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1news release www.pplnewsroom.com Contacts:For news media: Ryan Hill,…To view the full exhibit click here
About PPL Corporation (NYSE:PPL)
PPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. It operates through three segments: U.K. Regulated Segment, Kentucky Regulated Segment and Pennsylvania Regulated Segment. The U.K. Regulated Segment comprises PPL Global, which includes PPL WPD Limited and its subsidiaries’ regulated electricity distribution operations, among others. The Kentucky Regulated segment consists of the operations of LG&E and KU Energy LLC, a subsidiary of PPL, which owns and operates regulated public utilities engaged in the generation, transmission, distribution and sale of electricity and distribution and sale of natural gas. The Pennsylvania Regulated segment consists of the operations of PPL Electric Utilities Corporation, which distributes and transmits electricity.