Listed on the Eastern Caribbean Securities Exchange (ECSE)
WRB Enterprises of Tampa, Florida owns 50% of the issued ordinary share capital of the Company. The Government of Grenada and the National Insurance Scheme together own 21%, employees 4.5% and the remaining 24.5% is owned by approximately 1600 Grenadian and
Wednesday July 16th, 2008 marked the ceremonial listing of the Company’s shares on the Eastern Caribbean Securities Exchange (ECSE), making GRENLEC the second Grenadian company to list on the ECSE and the first to do so in the form of bonds.
The listing of the Company’s shares provides a real market for shareholders to trade and establish real value for their investment. Additionally, it provides an opportunity for investors to purchase shares in the Company, and also affords the Company opportunities to access funds or loans at lower costs.
The shares will be known in the regional securities market by the trading symbol, "GESL".
Eastern Caribbean Securities Exchange
P.O. Box 94
Bird Rock Basseterre