Unitil Shareholders Elect Directors at Annual Meeting
April 26 2017 - 12:52PM
Unitil Corporation (NYSE:UTL) (www.unitil.com) held its Annual
Meeting of Shareholders today at the corporate office in Hampton,
New Hampshire. Shareholders re-elected Robert V. Antonucci, David
P. Brownell, Albert H. Elfner, III, Michael B. Green, and M. Brian
O’Shaughnessy to the Board of Directors for three-year terms.
Additionally, shareholders ratified the selection of Deloitte &
Touche, LLP as independent registered public accountants for 2017.
The required shareholder advisory vote concerning
executive compensation, also known as “say on pay,” was approved as
recommended by the Board of Directors and management, and the
required shareholder advisory vote concerning the frequency of
future advisory votes on executive compensation, also known as “say
on pay frequency,” was approved to occur at an annual
frequency.
Following the business of the formal meeting, a
video presentation was shown to shareholders in attendance
featuring highlights of 2016, as well as the robust economic growth
in the Company’s service areas. The video presentation is available
in the Investor Relations section of the Company’s website at
www.unitil.com/investors.
About Unitil Corporation
Unitil Corporation provides energy for life by
safely and reliably delivering natural gas and electricity in New
England. We are committed to the communities we serve and to
developing people, business practices, and technologies that lead
to the delivery of dependable, more efficient energy. Unitil
Corporation is a public utility holding company with operations in
Maine, New Hampshire and Massachusetts. Together, Unitil’s
operating utilities serve approximately 104,300 electric customers
and 79,900 natural gas customers. Other subsidiaries include
Usource, Unitil’s non-regulated business segment. For more
information about our people, technologies, and community
involvement please visit www.unitil.com.
This press release contains forward-looking
statements, which are subject to the inherent uncertainties in
predicting future results and conditions. All statements, other
than statements of historical fact, are forward-looking statements.
Certain factors that could cause the actual results to differ
materially from those projected in these forward-looking statements
include, but are not limited to the following: variations in
weather; changes in the regulatory environment; customers'
preferences on energy sources; general economic conditions;
increased competition; fluctuations in supply, demand, transmission
capacity and prices for energy commodities; and other
uncertainties, all of which are difficult to predict, and many of
which are beyond the control of Unitil Corporation.
For more information please contact:
David Chong – Investor Relations
Phone: 603-773-6499
Email: chong@unitil.com
Alec O’Meara – Media Relations
Phone: 603-773-6404
Email: omeara@unitil.com
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