Off-market insider buying at Caribbean Utility Co Ltd (T:CUP)

Sophia Ann Carlyn Harris, a Director, acquired 6,500 Common Shares Class A Ordinary Shares on a direct ownership basis at a price of US$16.850 through a private transaction on August 15th, 2019. This represents a $145,942 investment into the company's shares and an account share holdings change of greater than 100%.

Caribbean Utility Co Ltd is in the Electric Utilities Sub Industry Group under the Utilities Sector.

Caribbean Utilities Company, Ltd. is engaged in generating, transmitting and distributing electricity in its license area of Grand Cayman, Cayman Islands. The Company uses diesel generation to produce electricity for Grand Cayman. Its power system consists of 20 generating units, including 17 diesel engines, two gas turbines and one steam turbine with a combined capacity of approximately 160 megawatts (MW). In addition, it has four mobile units, each with a capacity of approximately 1.5 MW. Its system consists of eight transformer substations, approximately 387 miles of overhead high-voltage and over 50 miles of underground high-voltage transmission and distribution (T&D) lines, and approximately 10 miles of high-voltage submarine cable in Grand Cayman. Its generating plant, transformer substations, office building, hurricane center, warehouse, fuel tanks and garage are all located on approximately 28.6 acres of land owned by the Company and located on North Sound Road, Grand Cayman.