FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
September 23, 2004
BRITISH ENERGY PLC
(Registrant's name)
3 Redwood Crescent
Peel Park
East Kilbride G74 5PR
Scotland
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F..X.. Form 40-F.....
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ..... No ..X..
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):
Exhibit Index
The following document (bearing the exhibit number listed below) is furnished
herewith and is made a part of this Report pursuant to the General Instructions
for Form 6-K:
Exhibit Description
No. 1 RNS Announcement, re: Suspension of NYSE Listing
dated 23 September 2004
23 September 2004
British Energy plc
SUSPENSION OF NYSE LISTING ANNOUNCEMENT
British Energy plc ("British Energy") announced earlier today that it intended
to apply to the United Kingdom Listing Authority for the cancellation of the
listings of its Ordinary and A shares. In that announcement it also advised
that the New York Stock Exchange ("NYSE") had informed the Company that trading
of the Company's American Depositary Receipts ("ADRs") on the NYSE was likely to
be suspended and delisting proceedings commenced in New York on or before the
date on which the London listings of the shares are cancelled.
The NYSE has now advised British Energy that it intends to suspend trading in
the British Energy ADRs prior to the opening of trading on Tuesday September 28,
2004, subject to any material adverse developments. At the time that trading is
suspended, the NYSE also intends to institute delisting proceedings.
The full text of the NYSE's announcement is appended below.
For further information please contact:
John Searles Investor Relations 01355 262 202
Andrew Dowler Media enquiries 020 7831 3113
Website: www.british-energy.com
APPENDIX
"NYSE to Suspend Trading in British Energy plc and Moves to Remove from the List
NEW YORK, September 23, 2004 -- The New York Stock Exchange (the "NYSE")
announced today that it determined that the American Depositary Receipts of
British Energy plc (the "Company") -- ticker symbol BGY -- should be suspended
prior to the opening of trading on Tuesday, September 28, 2004, subject to any
material adverse developments. The Company has a right to a review of this
determination by a Committee of the Board of Directors of the NYSE. Application
to the Securities and Exchange Commission to delist the issue will be made after
the completion of applicable delisting procedures, including any appeal by the
Company of the NYSE staff's decision.
The decision was reached in view of the fact that the Company announced today it
intends to seek with the UK Listing Authority a cancellation of the listing of
its Ordinary and A Shares from the Company's home market in London.
Additionally, the NYSE notes that the Company had previously fallen below the
NYSE's average global market capitalization and stockholders' equity continued
listing standard and was operating pursuant to a business plan to demonstrate
compliance with this standard prior to February 2005.
The NYSE noted that it may, at any time, suspend a security if it believes that
continued dealings in the security on the NYSE are not advisable."
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: September 23, 2004 BRITISH ENERGY PLC
By:____John Searles____
Name: John Searles
Title: Director - Investor Relations