An anonymous director reports

CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES DECLARATION OF DIVIDEND ON CLASS A ORDINARY SHARES; CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE.

Caribbean Utilities Company Ltd. has declared a dividend of 18 U.S. cents per Class A ordinary share, or an annualized dividend of 72 U.S. cents per share. The dividend will be payable on Sept. 15, 2023, to shareholders of record on Sept. 1, 2023.

The principal activity of the company is to generate, transmit and distribute electricity in its licence area of Grand Cayman, Cayman Islands, pursuant to a 20-year transmission and distribution (T&D) licence and a 25-year non-exclusive generation licence granted by the Cayman Islands government (the government, CIG). The T&D licence, which expires in April, 2028, contains provisions for an automatic 20-year renewal and the company has reasonable expectation of renewal until April, 2048. The generation licence expires in November, 2039.

We seek Safe Harbor.