Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
November 16 2018 - 11:55AM
Edgar (US Regulatory)
Filed pursuant to Rule 433
Registration
No. 333-223140
Free Writing Prospectus Dated November 16, 2018
November 16, 2018
Notice of Amendment to the PPL Corporation Direct Stock Purchase and Dividend Reinvestment Plan
Dear Plan Participant:
This correspondence is intended to
notify you, as a participant in the
PPL Corporation Direct Stock Purchase and Dividend Reinvestment Plan
(the Plan), that we have filed with the Securities and Exchange Commission a Prospectus Supplement, dated November 16,
2018, to the Plan prospectus which makes several amendments to the Plan that will be effective for transactions occurring on and after
January
1, 2019.
The following are the changes to the Plan that will affect you:
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Rather than mailing participants quarterly written statements, the plan administrator will mail just one
statement annually at the end of each calendar year. Participants will continue to have ongoing access to their accounts and transaction activity online at
shareowneronline.com
.
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These statements contain information to record the cost basis of your shares for tax reporting purposes. It is important that you keep the
statements to fulfill any tax obligations. You may also elect to have your statements and other information sent to you automatically by initiating eDelivery through
shareowneronline.com
.
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We have revised the fee schedule as set forth below:
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Investment fees
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Initial enrollment (new investors only)
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$
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15.00
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Dividend reinvestment
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5.0% / $
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5.00*
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Check investment
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$
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5.00
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One-time
electronic investment
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$
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2.00
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Recurring automatic investment
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$
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1.00
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Employee payroll deduction
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$
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1.00
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Dividend purchase trading commission per share**
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$
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0.04
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Optional cash purchase trading commission per share**
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$
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0.04
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Sales Fees
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Batch Order
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$
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15.00
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Market Order
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$
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25.00
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Limit Order per transaction (Day/GTD/GTC)
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$
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30.00
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Stop Order
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$
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30.00
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Sale trading commission per share
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$
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0.12
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Direct deposit of sale proceeds
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$
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5.00
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Other Fees
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Certificate issuance
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Company Paid
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Certificate deposit
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Company Paid
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Returned check / Rejected automatic bank withdrawals
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$
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35.00 per item
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Prior year duplicate statements
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$
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15.00 per year
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*
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5.0% of dividend value up to a maximum fee of $5.00 per dividend.
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**
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Trading commissions only apply to open market purchases.
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Your participation in the Plan, as amended, will automatically continue unless you elect to terminate your participation in the Plan. You may terminate your
participation in the Plan at any time by (a) accessing your online account to withdraw or sell your shares from the Plan, (b) submitting to EQ Shareowner Services a completed
Transaction Request Form
which is attached to your Plan
statement, (c) submitting to EQ Shareowner Services a written request at the address below, or (d) by contacting EQ Shareowner Services via telephone at the telephone numbers listed below.
We wish to emphasize that this notification is being made for informational purposes only and we are not soliciting or recommending your purchase of PPL
Corporation common stock. You should be aware that any purchase of PPL Corporation common stock is an investment subject to the inherent risks of the stock market as well as other risks. Therefore, we urge you to carefully review the Plan
prospectus, which contains a copy of the Plan, and the Prospectus Supplement, which are available through EQ Shareowner Services website at
shareowneronline.com
or by contacting EQ Shareowner Services at the phone number or address
below.
If you have any questions concerning the Plan or the changes described above, you may contact EQ Shareowner Services:
By Internet
Available 24 hours a day, 7 days a week for
access to account information and answers to many common questions and general inquiries.
Go to
shareowneronline.com
, select
Sign Up Now!
and enter your Authentication ID and Account Number. If you do not have your Authentication ID, select
I do not have my Authentication ID
. For security, this number is required for first time sign on.
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By Phone
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By Mail
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Toll free at
1-800-345-3085
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EQ Shareowner Services
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or direct at
651-450-4064.
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P.O. Box 64856
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Representatives are available
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St. Paul, MN 55164-0856
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Monday through Friday from
7:00 a.m. to 7:00
p.m. Central Time.
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Thank you for your continued investment in PPL Corporation.
Yours truly,
/s/ Tadd J.
Henninger
Tadd J. Henninger
Vice President and Treasurer
PPL (NYSE:PPL)
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