Sunshine Act Meeting, 23264 [05-9019]
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23264
Federal Register / Vol. 70, No. 85 / Wednesday, May 4, 2005 / Notices
burdensome under the circumstances.
Edward Jones states that it will notify all
Eligible Customers in writing of their
opportunity to participate in the Switch.
In the notice to Eligible Customers,
Edward Jones will disclose that the
customer’s purchase of Rebate Switch
Funds may be more expensive to
Edward Jones than their purchase of
NAV Switch Funds, thus creating a
conflict of interest. The notice also will
identify those Switch Funds that are
NAV Switch Funds and those that are
Rebate Switch Funds.
Applicant’s Conditions
Applicant agrees that any order
granting the requested relief will be
subject to the following conditions:
1. Prior to implementing the Switch,
Applicant will obtain an undertaking in
writing from each of the NAV Switch
Funds that the NAV Switch Fund will
comply with Rule 22d–1(d) under the
Act with respect to the Switch.
2. Prior to an NAV Switch Fund’s
participating in the Free Switch, the
board of directors or trustees of the NAV
Switch Fund (‘‘Board’’), including a
majority of the Board members who are
not ‘‘interested persons,’’ as defined in
Section 2(a)(19) of the Act, will review
any sales load waiver proposed to be
made by the NAV Switch Fund or its
principal underwriter in connection
with the Switch to determine whether
the waiver is in the best interest of the
NAV Switch Fund and its shareholders.
To assist the Board in making this
determination, the NAV Switch Fund’s
principal underwriter will provide the
Board with such information as may
reasonably be necessary to enable the
Board to make an informed decision.
The factors considered and the basis for
the Board’s determination will be
reflected in the Board’s minutes, which
will be preserved for a period of not less
than six years from the date of the NAV
Switch Fund’s participation in the
Switch, the first two years in an easily
accessible place.
For the Commission, by the Division of
Investment Management, under delegated
authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–2167 Filed 5–3–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
FEDERAL REGISTER CITATION OF PREVIOUS
ANNOUNCEMENT: [70 FR22380, April 29,
2005].
VerDate jul<14>2003
21:08 May 03, 2005
Jkt 205001
STATUS:
Closed meeting.
450 Fifth Street, NW.,
Washington, DC.
PLACE:
DATE AND TIME OF PREVIOUSLY ANNOUNCED
MEETING: Tuesday, May 3, 2005 at 2 p.m.
CHANGE IN THE MEETING MEETING:
Cancellation of meeting.
The Closed Meeting scheduled for
Tuesday, May 3, 2005 has been
cancelled.
For further information please contact
the Office of the Secretary at (202) 942–
7070.
Dated: April 29, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. 05–9019 Filed 5–2–05; 3:05 pm]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 35–27962]
Filings Under the Public Utility Holding
Company Act of 1935, as Amended
(‘‘Act’’)
April 27, 2005.
Notice is hereby given that the
following filing(s) has/have been made
with the Commission pursuant to
provisions of the Act and rules
promulgated under the Act. All
interested persons are referred to the
application(s) and/or declaration(s) for
complete statements of the proposed
transaction(s) summarized below. The
application(s) and/or declaration(s) and
any amendment(s) is/are available for
public inspection through the
Commission’s Branch of Public
Reference.
Interested persons wishing to
comment or request a hearing on the
application(s) and/or declaration(s)
should submit their views in writing by
May 23, 2005, to the Secretary,
Securities and Exchange Commission,
Washington, DC 20549–0609, and serve
a copy on the relevant applicant(s) and/
or declarant(s) at the address(es)
specified below. Proof of service (by
affidavit or, in the case of an attorney at
law, by certificate) should be filed with
the request. Any request for hearing
should identify specifically the issues of
facts or law that are disputed. A person
who so requests will be notified of any
hearing, if ordered, and will receive a
copy of any notice or order issued in the
matter. After May 23, 2005, the
application(s) and/or declaration(s), as
filed or as amended, may be granted
and/or permitted to become effective.
PO 00000
Frm 00177
Fmt 4703
Sfmt 4703
E.ON AG, et al. (70–10282)
E.ON AG (‘‘E.ON’’), a registered
holding company under the Act, located
¨
at E.ON-Platz 1, 40479 Dusseldorf,
Germany, and certain of its direct and
indirect utility and nonutility subsidiary
companies listed in the Application,
including E.ON U.S. Holding GmbH
(‘‘E.ON U.S. Holding’’), a registered
holding company and a direct
subsidiary of E.ON, also located at
¨
E.ON-Platz 1, 40479 Dulsseldorf,
Germany, and the parent company of
E.ON U.S. Investments Corp. (‘‘E.ON
U.S. Investments’’), a registered holding
company and parent of LG&E Energy
LLC (‘‘LG&E Energy’’), a registered
holding company and parent of
Louisville Gas and Electric Company
(‘‘LG&E’’) and Kentucky Utilities
Company (‘‘KU’’), all located at 220
West Main Street, Louisville, Kentucky
40202 (collectively, ‘‘Applicants’’), have
filed an application, as amended
(‘‘Application’’) under sections 6(a), 7,
9(a), 10, 12(b), 12(c), 12(d) and 13(b) of
the Act and rules 20, 26, 42, 43, 45, 46,
52, 53, 87 and 90.
Applicants seek authority for certain
financing transactions of E.ON and its
associated companies during the period
from the effective date of the order
granting the Application through May
31, 2008 (‘‘Authorization Period’’). The
Commission previously provided
authorizations for E.ON and certain
other entities in the E.ON group (‘‘E.ON
Group’’ or ‘‘Group’’), on June 14, 2002,
to undertake specific financing
transactions, which authorizations
expire on May 31, 2005 (‘‘2002
Order’’).1
I. Background
¨
E.ON is headquartered in Dusseldorf,
Germany, and most of its operations are
located in Europe.2 Applicants state
that, in 2003, E.ON reorganized its
1 See E.ON AG, et al., Holding Co. Act Release
No. 27539 (June 14, 2002).
2 Applicants state that E.On had approximately
478,000 shareholders worldwide, as of June 30,
2004, and that E.ON’s shares, all of which are
ordinary shares, are listed on all seven German
stock exchanges. The shares are also actively traded
over-the-counter in London and E.ON’s American
Depositary Shares (‘‘ADSs’’), each of which
represents one ordinary share, are listed on the New
York Stock Exchange.
Applicants state that, unless otherwise noted,
amounts expressed in United States dollars
(‘‘USD’’) are unaudited and have been converted
from Euros, for convenience, at an exchange rate of
USD 1.2179 = EUR 1.00, the Noon Buying Rate of
the Federal Reserve Bank of New York on June 30,
2004. For the six months ended June 30, 2004. E.ON
reported consolidated revenues of EUR 25.594
billion (USD 31.171 billion) calculated in
accordance with U.S. generally accepted accounting
procedures (‘‘US GAAP’’). As of June 30, 2004,
E.ON had total consolidated assets of EUR 113.958
billion (USD 138.789 billion).
E:\FR\FM\04MYN1.SGM
04MYN1
Agencies
[Federal Register Volume 70, Number 85 (Wednesday, May 4, 2005)]
[Notices]
[Page 23264]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-9019]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: [70 FR22380, April
29, 2005].
STATUS: Closed meeting.
PLACE: 450 Fifth Street, NW., Washington, DC.
DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING: Tuesday, May 3, 2005 at
2 p.m.
CHANGE IN THE MEETING MEETING: Cancellation of meeting.
The Closed Meeting scheduled for Tuesday, May 3, 2005 has been
cancelled.
For further information please contact the Office of the Secretary
at (202) 942-7070.
Dated: April 29, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. 05-9019 Filed 5-2-05; 3:05 pm]
BILLING CODE 8010-01-P