Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
Filed Pursuant to Rule 433
Registration No. 333-221033
September 18, 2020
September 18, 2020
Dear WEC Energy Group Stock Plus Investment Plan Participant:
In order to reduce the total cost of administering the Stock Plus
Investment Plan (the “Plan”), WEC Energy Group’s direct stock
purchase and dividend reinvestment program, and better align the
features of the Plan with current market practice, the Company has
asked the Plan administrator, Computershare Trust Company, N.A., to
implement changes to the Plan, effective October 19, 2020. These
changes are described below.
The following new fees will be effective October 19, 2020:
dividend reinvestment transaction will entail a service fee of 5%
of the amount reinvested, up to a maximum of $5.00.
optional cash investment by check or one-time online bank debit
will entail a service fee of $5.00 per transaction, plus a per
share processing fee of $0.05 for each share purchased.
recurring automatic investment from your bank account will entail a
service fee of $2.50 per transaction, plus a per share processing
fee of $0.05 for each share purchased.
batch order sale will entail a service fee of $25.00 per sale, plus
a per share processing fee of $0.12 for each share
additional fee of $15.00 will be charged if the assistance of a
Customer Service Representative is required when selling shares or
issuing stock certificates.
issuance of a stock certificate will entail a service fee of
In addition, Plan participants will now have the option to make
market order, day limit order, and stop order sales. Each such sale
will entail a service fee of $25.00 per transaction, plus a
per-share processing fee of $0.12 for each share sold.
All other Plan fees remain the same. No action is required by you
to continue to participate in the Plan inclusive of the changes
outlined above. If you wish to change or discontinue your
participation, you may do so at any time by notifying the Plan
administrator, Computershare, either online or by calling
1-800-558-9663. You may also obtain information about the Plan
online through www.computershare.com/investor.
Thank you for your continued interest in WEC Energy Group, Inc.
The issuer has filed a registration statement (including a
prospectus) with the SEC for the offering to which this
communication relates. Before you invest, you should read the
prospectus in that registration statement and other documents the
issuer has filed with the SEC for more complete information about
the issuer and this offering. You may get these documents for free
by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the issuer will arrange to send you the prospectus
if you request it by calling toll-free at 1-800-558-9663.