CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES THE RESULTS OF THE 2024 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

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, May 9, 2024 /CNW/ - Caribbean Utilities Company, Ltd. (TSX:CUP) ("CUC" or "the Company") announced that the nominees listed in the Company's Notice to Shareholders and Management Information Circular dated March 22, 2024 were elected as Directors of Caribbean Utilities Company, Ltd at the Company's Annual General and Special Meeting of Shareholders ("the AGSM"), held on May 7, 2024 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

Mrs. Jennifer P. Dilbert

22,609,489

99.82 %

39,914

0.18 %

Mrs. Sheree L. Ebanks

22,609,889

99.83 %

39,514

0.17 %

Mr. Woodrow S. Foster

22,606,953

99.81 %

42,450

0.19 %

Ms. Jennifer Frizzelle

22,602,321

99.79 %

47,082

0.21 %

Ms. Karen Gosse

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