PPL Corporation (NYSE:PPL) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure
As previously reported, at PPL Corporation's ("PPL" or the "Company") May 17, 2017 Annual Meeting of Shareowners, shareowners approved the proposal of the New York State Common Retirement Fund requesting that PPL, with board oversight, publish an assessment of the long-term impacts on the Company's portfolio, of public policies and technological advances that are consistent with limiting global warming to no more than two degrees Celsius over pre-industrial levels.
In response, the Company's Board of Directors has directed the Company to prepare an assessment consistent with the shareowner request, and the scope and specifics of the matters to be addressed in the assessment is currently under review within the Company. It is the Company's current expectation that the assessment will be completed and publicly available not later than the date PPL files the proxy statement for its next Annual Meeting of Shareowners.
As provided in General Instruction B.2 of Form 8-K, the information contained in this Form 8-K shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall any such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
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.
