CARIBBEAN UTILITIES COMPANY,
LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK
EXCHANGE.
Grand Cayman, Cayman Islands, July
28, 2015 /CNW/ - Caribbean Utilities Company, Ltd.
(TSX:CUP.U) ("CUC" or "the Company") announced that the nominees
listed in the Company's Notice to Shareholders and Management
Information Circular dated March 13,
2015 were elected as Directors of CUC at the Company's
Annual Meeting of Shareholders held on May
12, 2015 in Grand Cayman,
Cayman Islands.
Election of Directors
The following nominees were elected to serve as directors of CUC
until the next annual meeting of the Company or until their
successors are elected or appointed. Notwithstanding that the
motions were passed by a show of hands vote at the meeting, the
votes recorded by proxy in advance of the meeting were as
follows:
Nominees
|
Votes For
|
Votes
Withheld
|
Mr. J. Bryan
Bothwell
|
18,097,422
|
99.85%
|
26,337
|
0.15%
|
Mrs. Sheree
Ebanks
|
18,095,222
|
99.84%
|
28,537
|
0.16%
|
Mr. Woodrow
Foster
|
18,083,505
|
99.78%
|
40,254
|
0.22%
|
Mr. J.F. Richard
Hew
|
18,095,522
|
99.84%
|
28,237
|
0.16%
|
Mr. Joseph A.
Imparato
|
18,095,754
|
99.85%
|
28,005
|
0.15%
|
Mr. Earl. A.
Ludlow
|
17,988,670
|
99.25%
|
135,089
|
0.75%
|
Mr. Frederick
O'Brien
|
18,095,112
|
99.84%
|
28,647
|
0.16%
|
Mr. Eddinton M.
Powell
|
17,985,632
|
99.24%
|
138,127
|
0.76%
|
Mr. David E.
Ritch
|
18,097,822
|
99.86%
|
25,937
|
0.14%
|
Mr. Peter A.
Thomson
|
18,090,574
|
99.82%
|
33,185
|
0.18%
|
Mr. Lynn R.
Young
|
18,085,805
|
99.79%
|
37,954
|
0.21%
|
CUC provides electricity to Grand
Cayman, Cayman Islands,
under a non-exclusive Electricity Generation Licence expiring in
2039 and an exclusive Electricity Transmission and Distribution
Licence expiring in 2028. Further information is available at
www.cuc-cayman.com.
Caribbean Utilities Company, Ltd. ("CUC" or "the Company"),
on occasion, includes forward-looking statements in its media
releases, Canadian securities regulatory authorities filings,
shareholder reports and other communications. Forward-looking
statements include statements that are predictive in nature, depend
upon future events or conditions, or include words such as
"expects", "anticipates", "plan", "believes", "estimates",
"intends", "targets", "projects", "forecasts", "schedule", or
negative versions thereof and other similar expressions, or future
or conditional verbs such as "may", "will", "should", "would" and
"could". Forward-looking statements are based on underlying
assumptions and management's beliefs, estimates and opinions, and
are subject to certain risks and uncertainties surrounding future
expectations generally that may cause actual results to vary from
plans, targets and estimates. Such risks and uncertainties include
but are not limited to operational, general economic, market and
business conditions, regulatory developments and weather
conditions. CUC cautions readers that actual results may vary
significantly from those expected should certain risks or
uncertainties materialize or should underlying assumptions prove
incorrect. Forward-looking statements are provided for the
purpose of providing information about management's current
expectations and plans relating to the future. Readers are
cautioned that such information may not be appropriate for other
purposes. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise except as
required by law.
SOURCE Caribbean Utilities Company, Ltd.