-----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, J/2I4jOldnpz//ulJZHAyeBcvM8NBASaqA58LoVESlUttVka5JLfBaylWzu+iW8P 2NsMcB8kV+op90zUfKMA8g== /in/edgar/work/20000705/0000040779-00-000063/0000040779-00-000063.txt : 20000920 0000040779-00-000063.hdr.sgml : 20000920 ACCESSION NUMBER: 0000040779-00-000063 CONFORMED SUBMISSION TYPE: U-1/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000705 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GPU INC /PA/ CENTRAL INDEX KEY: 0000040779 STANDARD INDUSTRIAL CLASSIFICATION: [4911 ] IRS NUMBER: 135516989 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-1/A SEC ACT: SEC FILE NUMBER: 070-09629 FILM NUMBER: 667454 BUSINESS ADDRESS: STREET 1: 300 MADISON AVE STREET 2: C/O GPU SERVICE INC CITY: MORRISTOWN STATE: NJ ZIP: 079621911 BUSINESS PHONE: 9734558200 MAIL ADDRESS: STREET 1: 300 MADISON AVE STREET 2: C/O GPU SERVICE INC CITY: MORRISTOWN STATE: NJ ZIP: 07962 U-1/A 1 0001.txt U-1 AMENDMENT 3 - GPU, INC. Amendment No. 3 to SEC File No.70-9629 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM U-1 APPLICATION UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 ("Act") GPU, INC. ("GPU") 300 Madison Avenue Morristown, New Jersey 07960 (Name of company filing this statement and addresses of principal executive offices) GPU, INC. (Name of top registered holding company parent of applicants) T. G. Howson, Douglas E. Davidson, Esq. Vice President and Treasurer Thelen Reid & Priest LLP S. L. Guibord, Secretary 40 West 57th Street GPU Service, Inc. New York, New York 10019 300 Madison Avenue Morristown, New Jersey 07960 M. J. Connolly Vice President - Law GPU Service, Inc. 300 Madison Avenue Morristown, New Jersey 07960 (Names and addresses of agents for service) GPU hereby amends its Application on Form U-1, docketed in SEC File No. 70-9629, as follows: 1. By amending Paragraph C of Item 1 thereof in its entirety as follows: C. GPU and its subsidiaries(2) currently have an aggregate ownership interest in UMI of approximately 36% and would, therefore, receive approximately 36% of UMICO's voting shares upon UMI's demutualization. In order to more efficiently manage and administer its workers compensation insurance programs, prior to demutualization, the GPU subsidiaries (other than Prime and Onondaga) have assigned their present interests in UMI to GPU. The assignment of the GPU subsidiaries' rights to UMI interests was undertaken merely as a matter of administrative convenience. The GPU Subsidiaries will continue to benefit from the cost savings described in Paragraph D below, since the GPU Subsidiaries' insurance policies will remain the same and each GPU Subsidiary will continue to be an insured under the existing policies that it had entered into with UMI. Accordingly, the assignment of the intersts in UMI will not have a negative impact on the GPU Subsidiaries. In contemplation of the pending demutualization, GPU and the other utility policy holders have entered into a subscription agreement providing for their purchase of shares of UMICO in proportion to their respective interests in UMI. Under the subscription agreement, GPU has agreed to acquire approximately 36.52% of UMICO in exchange for its present interest in UMI, subject, however, to the receipt of all necessary regulatory approvals, including Commission authorization under the Act. Following the acquisition, UMICO would, therefore, become a nonutility subsidiary of GPU. [FN] ______________ (2) The GPU Subsidiaries are the following: GPU Advanced Resources, Inc., Metropolitan Edison Company, Pennsylvania Electric Company, Jersey Central Power & Light Company, GPU International, Inc., GPU Service, Inc., GPU Nuclear, Inc., Prime Energy Limited Partnership ("Prime") and Onondaga Cogeneration Limited Partnership ("Onondaga"). SIGNATURE PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANY HAS DULY CAUSED THIS STATEMENT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED. GPU, INC. By: /s/ T. G. Howson ---------------- T. G. Howson, Vice President and Treasurer Date: July 5, 2000 -2- -----END PRIVACY-ENHANCED MESSAGE-----