Ordinary shares
On 23rd April 2007, Iberdrola completed the friendly transaction with ScottishPower.
As a result, all of the ordinary share capital of Scottish Power plc was acquired by Iberdrola S.A. As part of the transaction and depending on their election under the “mix and match facility”, former Scottish Power plc shareholders may have become holders of Iberdrola S.A. CDIs. Further information on the mix and match facility is available within the Scheme Document (opens in a new window), dated 26 February 2007.
ScottishPower now forms a key part of the Iberdrola Group, one of the largest utilities in the world. Iberdrola places great importance on its relationship with all shareholders and is committed to transparent and continuous communication with shareholders and financial markets.
Further terms of the offer from Iberdrola and the associated documents are included below:
- Scheme Document - 26/02/2007 (opens in a new window)
- Q&As for Ordinary Shareholders - 26/02/2007 (opens in a new window)
- Q&As for American Depositary Shareholders - 26/02/2007 (opens in a new window)
- Recommended Cash and Share Offer for Scottish Power PLC by IBERDROLA S.A. - 28/11/2006 (opens in a new window)
- Iberdrola Transaction - UK Capital Gains Tax Informationns in a new window)
