GEORGE TOWN, Cayman Islands,
April 16, 2020 /PRNewswire/
-- Consolidated Water Co. Ltd. (Nasdaq Global Select
Market: CWCO), a leading developer and operator of advanced water
supply and treatment plants, has rescheduled its 2020 annual
meeting of shareholders for August 17,
2020. Shareholders of record as of June 15, 2020 will be entitled to vote at the
meeting.
The meeting was moved to this later date due to public health
concerns and travel restrictions related to the novel coronavirus
(COVID-19) pandemic, as well as the company's continued desire to
encourage and facilitate shareholder engagement.
Shareholder proposals intended to be presented for inclusion in
the company's proxy statement and accompanying proxy for the annual
meeting must be received by the secretary of the company at the
following address on or before the close of business on
June 24, 2020:
Consolidated Water Co. Ltd.
Regatta Office Park
Windward Three, 4th Floor
West Bay Road, P.O. Box 1114
Grand Cayman, KY1-1102
Cayman Islands
The time and location of the annual meeting will be set forth in
the company's proxy statement. Proxy statement materials for the
meeting have not yet been filed in definitive form nor distributed
to shareholders. The company is planning to file these materials
with the U.S. Securities and Exchange Commission (SEC) and send
them to shareholders in the near-term.
Additional information regarding the meeting and proxy materials
are available in a Form 8-K filed today with the SEC, and will be
available on sec.gov and the company's website at
ir.cwco.com/Docs.
About Consolidated Water Co. Ltd.
Consolidated Water
Co. Ltd. develops and operates advanced water supply and treatment
plants and water distribution systems. The company operates water
production facilities in the Cayman
Islands, The Bahamas and
the British Virgin Islands and
operates water treatment facilities in the United States. The company also
manufactures and services a wide range of products and provides
design, engineering, management, operating and other services
applicable to commercial and municipal water production, supply and
treatment, and industrial water and wastewater treatment. For more
information, visit www.cwco.com.
Cautionary Note Regarding Forward-Looking
Statements
This press release includes statements that may
constitute "forward-looking" statements, usually containing the
words "believe", "estimate", "project", "intend", "expect",
"should", "will" or similar expressions. These statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements.
Factors that would cause or contribute to such differences include,
but are not limited to (i) continued acceptance of the company's
products and services in the marketplace; (ii) changes in its
relationships with the governments of the jurisdictions in which it
operates; (iii) the outcome of its negotiations with the Cayman
government regarding a new retail license agreement; (iv) its
ability to complete the project under development in Baja California, Mexico; (v) the future
financial performance of its subsidiary that manufactures water
treatment-related systems and products and provides design,
engineering, management, operating and other services applicable to
commercial, municipal and industrial water production; (vi) the
collection of its delinquent accounts receivable in the
Bahamas; (vii) its ability to
integrate and profitably operate recently acquired subsidiary PERC
Water Corporation; (viii) the possible adverse impact of the
COVID-19 virus on the company's business; and (ix) various other
risks, as detailed in the company's periodic report filings with
the Securities and Exchange Commission ("SEC"). For more
information about risks and uncertainties associated with the
company's business, please refer to the "Management's Discussion
and Analysis of Financial Condition and Results of Operations" and
"Risk Factors" sections of the company's SEC filings, including,
but not limited to, its annual report on Form 10-K and quarterly
reports on Form 10-Q, copies of which may be obtained by contacting
the company's Secretary at the company's executive offices or at
the "Investors – SEC Filings" page of the company's website at
http://ir.cwco.com/docs/. Except as otherwise required by law, the
company undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Company Contact:
David W.
Sasnett
Executive Vice President and CFO
Tel (954) 509-8200
dsasnett@cwco.com
Investor Relations Contact
Ron Both or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
CWCO@cma.team
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SOURCE Consolidated Water Co. Ltd.