East Caribbean Securities Regulatory Commission:

Tip: To make an effective complaint learn more.
Tip: In the Eastern Caribbean Currency Union there are laws which provide legal recourse if you were defrauded in a securities transaction.  Learn more.
Tip: If an investment guarantees an incredibly high return it is likely to be a scam. Seek guidance from a trained licensed individual.  Learn more.
Tip: If you habitually spend less than you earn this may signal that you have funds to put towards investment. Learn more.
News: During 2024, the Eastern Caribbean Securities Regulatory Commission (ECSRC) undertook a series of consultations with various stakeholders and participants on the Eastern Caribbean Securities Market.
News: This NOTICE is issued by the Eastern Caribbean Securities Regulatory Commission (“the Commission/ECSRC”) pursuant to Article 5(q) of the Eastern Caribbean Securities Regulatory Commission Agreement 2020 and the Commission’s mandate to protect investors under the Securities Act 2001 of the laws of the member countries of the Eastern Caribbean Currency Union (ECCU).
News: Adelphi Enterprise of Adelphi Secondary School, St. Vincent and the Grenadines has captured the title of Regional Champion in the 2024 Regional Schools Investment Competition. Adelphi Enterprise won the Intra-Country segment of the Competition held in October and went on to represent St. Vincent and the Grenadines in the Regional stage of the Competition which ended on 29 November. CHSS Emerging Investors of the Choiseul Secondary School, the Saint Lucia Intra-Country winner, was adjudged runner up in the regional Competition.
News: WARNING NOTICE: PROSPUH This WARNING is issued by the Eastern Caribbean Securities Regulatory Commission (“the Commission/ECSRC”) pursuant to Article 5(q) of the Eastern Caribbean Securities Regulatory Commission Agreement 2020 and the Commission’s mandate to protect investors under the Securities Act 2001 of the laws of the member countries of the Eastern Caribbean Currency Union (ECCU).  
News: The Eastern Caribbean Securities Regulatory Commission (The Commission/The ECSRC) reminds prospective issuers seeking to offer securities in the Eastern Caribbean Securities Market (ECSM) that only an entity licensed by the Commission can act as: Transfer and Paying Agent and, Registrar Prospective issuers must ensure that where a Trustee is required, this information is included in the Offering document.
News: NOTICE OF SHAREHOLDERS MEETING Thursday, 20th June 2024 at 11.00 a.m.  Dear Shareholders Notice is hereby given that a Shareholders Meeting of Grenreal Property Corporation Limited (Grenreal) will be held Online via zoom and in person at Grenreal's office, Unit 1301, 2nd Floor, Bruce Street Mall, Melville Street, St. George's on Thursday 20th, June, 2024 at 11.00 a.m. The agenda is: 
News: Online harm can take many forms, encompassing, for example, the inappropriate online promotion of risky investments, misleading statements made in advertisements or social media content, and fraudulent and illegal online activity or other investment scams, including those involving digital assets. While the misconduct patterns might be familiar, the ease of such online misconduct and the borderless nature of the online environment present new and growing challenges as novel forms of crypto-asset or technology-based fraud are increasing. The growing sophistication in the application of artificial intelligence (AI) to all facets of society has the dual potential of magnifying the scale and impact of harmful online activities and providing new and powerful ways for regulators to detect, deter and disrupt such activities.
News: Crowdfunding: the ECSRC invites MSMEs and investors interested in crowdfunding to register for a series of free awareness-raising and training activities…
News: At its 75th Meeting held on 26 November 2019, the Commission unanimously agreed to adopt administrative procedures for the notification of changes in material information contained in approved prospectuses. Material information, as defined in the revised Securities (Accounting and Financial Reports) Rules that were reissued to the market in June 2019, is “information relating to the business, operations or securities of an issuer that would reasonably be expected to significantly affect the value or market price of the issuer or a security of the issuer.”
News: In accordance with Article 29(1) of the Eastern Caribbean Securities Regulatory Commission Agreement 2000, I have the honour to transmit herewith the Eastern Caribbean Securities Regulatory Commission Annual Report on its activities for the year ended 31 March 2019.
News: Globally, virtual currencies are becoming increasingly popular as a means to conduct traditional business in the financial and capital markets.  These transactions also include invitations to the public to invest in these virtual currencies or to participate in funding activities including Initial Coin Offerings (ICOs) or other Token Generating Events.  
News: The public is hereby notified that effective 3 May 2018, the Eastern Caribbean Securities Regulatory Commission (ECSRC) has revoked the broker-dealer licence (No. TT-BD-0006-11) of RBC Merchant Bank (Caribbean) Limited, as the company has ceased to hold itself out as carrying on the business of a licensed broker-dealer in the Eastern Caribbean Securities Market (ECSM).
News: Compliance and Internal Control Guidelines for Entities Licensed under the Securities Act
Annualize: Annualize means to convert a rate of return from a periodic basis to on an annual basis.
Asset: An asset means anything having commercial or exchange value that is owned by a business, institution, or individual. Financial instruments, in the form of securities, are classified as capital/financial assets.
Bond: A bond is an interest bearing or discounted government or corporate debt security that obligates the issuer (corporate or government entity) to pay the bondholder (investor).
Capital Gain: Capital Gain refers to the increase in the value of a financial asset.

Contact Person

Gilroy Pultie

Issuer Name:

St Lucia Electricity Services Limited

Issuer Address:

John Compton Highway
Sans Souci
Castries
Saint Lucia

Mailing Address:

P O Box 230
Castries
Saint Lucia

Telephone Number:

(758) 457-4400

Telephone Number 2:

Mobile Number:

Fax Number

(758) 457-4409

Email Address:

connected@lucelec.com

Email Address:

Date of Incorporation

09 November, 1964

Place of Incorporation

Castries, Saint Lucia

Company/Corporate Secretary

Ms Gillian S French

Financial Year End

31 December

REGULATORY ACTION

SENIOR MANAGERS AND OFFICERS

Mr Gilroy Pultie, Managing Director
Mrs Bridget Ziva Phillips, Chief Financial Officer
Mr Ian Peter, Chief Strategy Officer
Mr Gary Eugene, Chief Engineer
Ms Sharon Narcisse, Chief Human Resources Officer

NAME OF DIRECTORS

Mr John A. C. Joseph, Chairman
Mr Charles Serieux
Ms Geraldine Lendor Gabriel
Mr Calixte I. S. N. George
Mr Jason Julien
Ms Lisa Ann Fraser
Mr Roger Blackman
Mr Evaristus Jn Marie
Ms Lindi Ballah-Tull

DETAILS OF SUBSTANTIAL SHAREHOLDERS AND NUMBER OF SHARES HELD

SHAREHOLDING:
22,400,000 - Ordinary Shares 520,000 - Non-Voting Ordinary Shares

DIRECTIVES ISSUED TO THE COMPANY:

NOTES: