-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JUCbzjoJ3iaFAGrzF//FRB8q2ErwTKXDMkG0oF9nB33FYj2FkGSzUAfpT5A466S0 HZszxuZwPcAryaw6zJILZQ== /in/edgar/work/20000530/0001029590-00-000023/0001029590-00-000023.txt : 20000919 0001029590-00-000023.hdr.sgml : 20000919 ACCESSION NUMBER: 0001029590-00-000023 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000530 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONECTIV CENTRAL INDEX KEY: 0001029590 STANDARD INDUSTRIAL CLASSIFICATION: [4931 ] IRS NUMBER: 510377417 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-09095 FILM NUMBER: 645595 BUSINESS ADDRESS: STREET 1: 800 KING STREET P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 BUSINESS PHONE: 3024293114 MAIL ADDRESS: STREET 1: 800 KING ST STREET 2: P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 35-CERT 1 0001.txt As Filed with the Securities and Exchange Commission on May 30, 2000 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 In the Matter of INTERIM CERTIFICATE Conectiv and Subsidiaries OF File No. 70-9095 NOTIFICATION (Public Utility Holding Company Act of 1935) PURSUANT TO RULE 24 This Certificate of Notification is filed by Conectiv, a Delaware corporation, pursuant to Rule 24 (17 C.F.R. S 250.24). Such filing is made in connection with Conectiv's Form U-1 Application-Declaration, as amended (the "Application- Declaration"), and authorized by the order (the "Order") of the Securities and Exchange Commission (the "Commission") dated February 26, 1998, in the above- referenced file. The Order directed that Conectiv file with the Commission quarterly certificates pursuant to Rule 24 within 60 days after each of the first three calendar quarters and within 90 days after the last calendar quarter. This certificate reports transactions from the period January 1, 2000 through March 31, 2000. Capitalized terms not otherwise defined herein have the meaning ascribed in the Application-Declaration. 1. Conectiv Common Stock issued during period (new issue shares only): None 2. Conectiv Common Stock issued pursuant to dividend reinvestment plans and Common Stock and options issued pursuant to benefit plans:
Common Stock #0f Shares Issued During Period Cumulative # 0f Shares Issued Dividend Reinvestment 0 0 Employee Benefit Plans 0 3,600
During the period there were 689,400 stock options and 84,100 shares of restricted stock issued under the Conectiv Incentive Compensation Plan. There was no distribution of Conectiv shares during the period under the Conectiv Incentive Compensation Plan. There were no stock options exercised under the Delmarva Long-Term Incentive Plan during the quarter and no shares of Common Stock 2 were issued. To date, awards under the employee benefit plans include 2,251,000 common stock options and 211,200 shares of restricted stock. Note: Cumulative shares issued for dividend reinvestment plans cannot exceed 5 million shares; cumulative shares issued for employee benefit plans cannot exceed 5 million shares. 3. Conectiv Common Stock issued for acquisitions:
#0f Shares Issued During Period Value per Share Restricted (Y/N) 0 N/A N/A
4. Conectiv Long-Term Debt issued during period: None Aggregate long-term debt financing by Conectiv cannot exceed $1 billion per SEC Supplemental Order dated December 14, 1999. 5. Short-Term Debt issued by Conectiv and Delmarva Power & Light Company ("Delmarva") during period:
Balance at Period-End Weighted Average Cost Highest Daily Balance Conectiv $606,000,000 6.20% $646,500,000 Delmarva $0 5.83% $ 34,000,000
Note: The aggregate daily balance of Conectiv and Delmarva cannot exceed $1.3 billion per SEC Supplemental Order dated December 14, 1999; Delmarva's daily balance cannot exceed $275 million. 6. Interest rate risk management transactions during period by Conectiv and/or Utility Subsidiaries: No activity. 3 7. Utility Subsidiary financings during period: Delmarva: See Item 5 above. Note: Short-term and long-term financings by Atlantic City Electric Company ("ACE") are exempt pursuant to Rule 52; long-term financings by Delmarva are exempt pursuant to Rule 52. 8. Non-utility financing during period not exempt pursuant to Rule 52: None.
9. Guarantees issued by Conectiv and Non-utility Subsidiaries during period: Issuer of Guarantee Issued on Behalf of Amount Type of Guarantee Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy, Inc. $4,877,900 Contract Obligations Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc.$ 94,000 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment Conectiv Conectiv Energy Supply Inc. $0 Guarantee of Payment
As of the end of the period total guarantees by Conectiv are $67,021,905 and total guarantees by Non-Utility Subsidiaries are $8,840,000. Note: Guarantees by Conectiv cannot exceed $350 million; guarantees by Non-utility Subsidiaries cannot exceed $100 million. 4 10. Borrowings from System Money Pool during period: By an Order dated December 14, 1999 the limit on borrowings by individual Non-Utility Subsidiaries was eliminated and are reported on Form U-6B-2 filed contemporaneously herewith. 11. Forms U-6B-2 filed with Commission during period: Filing Entity Date of Filing Conectiv Resources Partners, Inc. March 30, 2000 Conectiv Services, Inc. March 30, 2000 Conectiv Communications, Inc. March 30, 2000 Atlantic Plumbing LLC March 30, 2000 Conectiv Solutions, LLC March 30, 2000 DCI I March 30, 2000 Atlantic Southern Properties, Inc. March 30, 2000 Conectiv Energy, Inc. March 30, 2000 12. Financial Statements -Conectiv Balance Sheet (Incorporated by reference to the filing of Conectiv on Form 10-Q for the period ended March 31, 2000) -Delmarva Balance Sheet (Incorporated by reference to the filing of Delmarva on Form 10-Q for the period ended March 31, 2000) 13. Registration Statements filed pursuant to the Securities Act of 1933: - None 5 SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned companies have duly caused this Certificate of Notification to be signed on their behalf by the undersigned thereunto duly authorized. The signatures of the applicants and of the persons signing on their behalf are restricted to the information contained in this application which is pertinent to the application of the respective companies. Conectiv Delmarva Power & Light Company Conectiv Resource Partners, Inc. Conectiv Energy Supply, Inc. Conectiv Energy, Inc. Delmarva Capital Investments, Inc. Conectiv Services, Inc. DCI I, Inc. DCI II, Inc. DCTC-Burney, Inc. Conectiv Operating Services Company Conectiv Solutions, LLC Conectiv Plumbing, LLC Atlantic City Electric Company Atlantic Generation, Inc. Atlantic Southern Properties, Inc. ATE Investment, Inc. Conectiv Thermal Systems, Inc. Binghamton General, Inc. Binghamton Limited, Inc. Pedrick General, Inc. Vineland Limited, Inc. Vineland General, Inc. ATS Operating Services, Inc. May 30, 2000 /s/ Philip S. Reese Philip S. Reese Vice President and Treasurer -----END PRIVACY-ENHANCED MESSAGE-----