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
January 20, 2005
BRITISH ENERGY GROUP 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: Section 198 Notice dated 20 January, 2005
20 January 2005
British Energy Group plc
UK COMPANIES ACT 1985 - Part VI - British Energy Group plc (the "Company")
The Company has received notification from Farallon Capital Management, L.L.C.
that:
1. Farallon Capital Management, L.L.C. is interested in shares in the Company's
share capital the particulars of which are set out in Table A below;
2. Farallon Partners, L.L.C. is interested in shares comprised in the Company's
shares capital, the particulars of which are set out in Table B below;
3. Farallon Capital Offshore Investors, Inc. has a separate disclosable interest
in shares in the Company's share capital, the particulars of which are set
out in Table A below.
The registered holder of the shares referenced below is Goldman Sachs & Co. 85
Broad Street, New York, NY 10004.
Table A
Name and address of registered holder Number of shares Post Reorganisation shares from
former ADR shares
Farallon Capital Offshore Investors, Inc 15,226,043 3,300
c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
U.S.A.
Registered Holder
Goldman Sachs & Co.
85 Broad Street
New York, NY 10004
Table B
Name and address of registered holder Number of shares Post Reorganisation shares from
former ADR shares
Farallon Capital Partners, L.P. 8,879,260 1,800
c/o Farallon Partners, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
U.S.A.
Registered Holder
Goldman Sachs & Co.
85 Broad Street
New York, NY 10004
Farallon Capital Institutional Partners, L.P. 7,118,240 1,200
c/o Farallon Partners, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
U.S.A.
Registered Holder
Goldman Sachs & Co.
85 Broad Street
New York, NY 10004
Farallon Capital Institutional Partners II, 878,803 150
L.P.
c/o Farallon Partners, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
U.S.A.
Registered Holder
Goldman Sachs & Co.
85 Broad Street
New York, NY 10004
Farallon Capital Institutional Partners III, 760,814 150
L.P.
c/o Farallon Partners, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
U.S.A.
Registered Holder
Goldman Sachs & Co.
85 Broad Street
New York, NY 10004
Tinicum Partners, L.P. 252,273 150
c/o Farallon Partners, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
U.S.A.
Registered Holder
Goldman Sachs & Co.
85 Broad Street
New York, NY 10004
Total (Table A and Table B) 33,115,433 6,750
Notes:
1. Farallon Capital Management, L.L.C is the investment manager, authorised
agent and authorised signatory for the entity listed in Table A above and
has discretionary management and control over the securities in Table A;
2. Farallon Partners, L.L.C is the general partner for the entities listed in
Table B above and has discretionary management and control over the
securities in Table B;
3. By virtue of s.204 of the Act, Farallon Partners, L.L.C. and Farallon Capital
Management, L.L.C. are each deemed to be interested in the securities in
both Table A and Table B;
4. The total number of shares held by the Farallon entities at 17 January 2005
was 39,115,433 plus 6,750 post reorganisation shares from former ADR Shares.
However, on 17 and 18 January the following sales took place:
Seller Sales on 17/01/05 Sales on 18/01/05
Farallon Capital Offshore Investors, Inc. 1,379,400 1,379,400
Farallon Capital Partners, L.P. 804,400 804,400
Farallon Capital Institutional Partners, L.P. 644,800 644,800
Farallon Capital Institutional Partners II, 79,600 79,600
L.P.
Farallon Capital Institutional Partners III, 68,900 68,900
L.P.
Tinicum Partners, L.P. 22,900 22,900
Total 3,000,000 3,000,000
The number of shares listed in Table A and Table B above represent the total
number of shares presently held after the above sales.
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: January 20, 2005 BRITISH ENERGY GROUP PLC
By:____John Searles____
Name: John Searles
Title: Director - Investor Relations