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Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
 by Andrew McHattie   Rating: ISBN-10: 027303751X


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Name - Caribbean Utilities Co Ltd
Website -
Symbol - CUP.RT.U
Cusip Number - G1899E 18 7 
Expiry Date - Aug. 15, 2008
News Releases

Caribbean Utilities Co. rights offering

2008-07-08 19:26 ET - Rights Offering

TSX bulletin 2008-0762

Rights symbol: CUP.RT.U
Cusip number for rights: G1899E 18 7
Securityholder entitlement: One right for each Class A ordinary share held on the record date
Terms of the rights: 10 rights plus $11.09 (U.S.) for one additional common share
Expiry time: 4 p.m. (Toronto time) on Aug. 15, 2008
Ex rights date: July 10, 2008
Record date: July 14, 2008

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Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right.  It  gives the stockholders the first opportunity,  to buy the new securities.

Rights issue

An offer made by a  company to its shareholders to enable them to buy new shares in the company at a discount to the market price.



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