Customer Share Purchase Plan

The Customer Share Purchase Plan (CSPP) was launched in January 1995 and provides an opportunity for active CUC customers resident in Grand Cayman to invest in CUC. Quarterly dividends on the Class A Shares under the CSPP are automatically reinvested to purchase additional Class A Ordinary Shares for the participant’s account on the quarterly investment date.

New Participants:

To become a participant of the CSPP, eligible CUC customers are required to complete the following process within five (5) business days:

1. Identity verification at McGrath Tonner.
2. Arrange payment as outlined in the CSPP Offering Brochure.
3. Fully complete the electronic CSPP Participation Form.

Please note the following prior to initiating the digital process and completing the digital CSPP Participation form:

1. You must complete the entire process within five (5) days of initiating the process.
2. You must arrange your payment after you have completed the ID Verification step BUT BEFORE you can complete the digital CSPP Participation Form.
3. The CSPP Participation Form is an automated form and must be completed, signed and submitted in one interaction. Do not save, forward or print the form.
4. Please ensure you have the following documents saved on the same device that you wish to complete the form on: A clear copy of your EFT/draft payment and a copy of your active CUC electricity bill must be attached to the CSPP Participation Form to support your application.
5. Once your ID has been notarized, you will then receive an e-mail from Adobe Sign with the digital copy of the CSPP Participation Form.
6. Once you have signed and clicked the "Submit" button on the digital form, there will be a 'pop-up' requesting the e-mail address for the second named shareholder. If there is only one name on your CUC electricity account, you may skip this step. If there are two named customers on your CUC electricity account, please enter the name and e-mail of the second person so they may sign the same form.
7. Once fully completed and signed by the required person(s), the form is automatically sent to CUC's Customer Service Department for review.
8. CUC's Customer Service Department will review and approve your application once in receipt of your EFT payment or bank draft (bank drafts should be delivered to CUC's Customer Service Centre in the Caribbean Plaza on West Bay Road). You will then receive a final copy of the approved CSPP Participation Form by e-mail.

Existing Participants:

Existing and eligible CUC customers who have NOT contributed to their CSPP for a period exceeding two (2) years, will be required to complete all steps listed above in order to continue participating in the CSPP.

For existing and eligible CUC customers who have contributed to their CSPP within the past two (2) years, the following steps are necessary:

1. Arrange payment as outlined in the CSPP Offering Brochure. 
2. Fully complete the electronic CSPP Existing Participation Form.

Please note the following prior to completing the digital CSPP Participation Form:

1. The form is an automated form and must be completed, signed and submitted in one interaction. Do not save, forward or print the form.
2. Please ensure you have the required documents saved on the same device that you wish to complete the form on.
3. Once you have signed and clicked the "Submit" button on the digital form, there will be a 'pop-up' requesting the e-mail address for the second named shareholder. If there is only one name on your CUC electricity account, you may skip this step. If there are two named customers on your CUC electricity account, please enter the name and e-mail of the second person so they may sign the same form.
4. Once fully completed and signed by the required person(s), the form is automatically sent to CUC's Customer Service Department for review.
5. You will receive a copy of the approved CSPP Participation Form by e-mail via Adobe Sign.

Update Account Information:

For CSPP shareholders, the two (2) steps required to update account information such as the mailing address, e-mail or telephone number(s) are:

1. as stated on CUC's Customer Service website page (Updating Account Information)
2. followed by completion of CUC's CSPP Update Form.

Full details of the CSPP may be obtained from the CSPP Brochure, CUC's Customer Service Department at (345) 949-5200 or via e-mail at investor@cuc.ky.