Middlesex Water Company Holds Annual Meeting of Shareholders
May 23 2018 - 3:25PM
Middlesex Water Company (NASDAQ:MSEX), a provider of water and
wastewater and related services held its Annual Meeting on May 22,
2018 at which shareholders re-elected director and executive
chairman Dennis W. Doll and independent director Kim C. Hanemann
each to three-year terms on the Company’s Board of Directors.
Shareholders also approved a non-binding advisory resolution
approving the compensation of the Company’s named executive
officers, approved the new 2018 Restricted Stock Plan and ratified
the Audit Committee’s selection of Baker Tilly Virchow Krause, LLP
as the Company’s independent registered public accounting firm for
the fiscal year ending December 31, 2018.
During the meeting, officers discussed the company’s 2017 and
First Quarter 2018 financial results, customer growth in Delaware,
several large scale infrastructure projects in progress under the
Company’s $300 million Water for Tomorrow Capital Campaign and new
requirements under the Water Quality Accountability Act.
Management’s presentation at the Annual Meeting of Shareholders
is available in the Investor Relations section of the company’s
website www.middlesexwater.com under News & Market
Data/Presentations and Interviews.
About Middlesex Water CompanyOrganized in 1897,
Middlesex Water provides regulated and unregulated water and
wastewater utility services in New Jersey, Delaware and
Pennsylvania through various subsidiary companies. For
additional information regarding Middlesex Water Company, visit the
Company's Web site at www.middlesexwater.com or call
(732) 634-1500.
This release contains forward- looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including, among others, our long-term strategy and
expectations, the status of our acquisition program, the impact of
our acquisitions, the impact of current and projected rate requests
and the impact of our capital program on our environmental
compliance. There are important factors that could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements including: general economic
business conditions, unfavorable weather conditions, the success of
certain cost containment initiatives, changes in regulations
or regulatory treatment, availability and the cost of capital, the
success of growth initiatives and other factors discussed in our
filings with the Securities and Exchange Commission.
Media Contact:Bernadette Sohler, Middlesex Water Company(732)
638-7549www.middlesexwater.com
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