St. Lucia Electricity Services Limited (LUCELEC) has been granted approval by its shareholders to establish a subsidiary company. The decision came at the end of a Special Meeting of Shareholders held on Friday, May 9, 2014.

Shareholders of the St. Lucia Electricity Services Limited (LUCELEC) will receive a dividend payment of seventy cents (EC$0.70) for every share of LUCELEC stock they own. The amount represents the disbursement from the electricity company for the financial year that ended on December 31, 2013.

St Lucia Electricity Services Limited (LUCELEC) will host its regularly scheduled biennial Shareholder Training on Saturday September 21st, 2013 at the Bay Gardens Inn from 9:00AM to 12:00 noon. The session is open to all Shareholders who may be accompanied by one guest.

The topics to be discussed are ‘Investing and You’ and ‘The Operations of Eastern Caribbean Securities Exchange (ECSE).’