Middlesex Water Company Hosts Annual Meeting
May 22 2019 - 10:50AM
Middlesex Water Company (NASDAQ:MSEX), a provider of water and
wastewater and related services held its Annual Meeting on May 21,
2019 at which shareholders elected Ann L. Noble to a two-year term
and re-elected directors Steven M. Klein, Amy B. Mansue and Walter
G. Reinhard 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 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, 2019.
During the meeting, officers discussed the company’s 2018 and
First Quarter 2019 financial results, ongoing investment in major
infrastructure capital projects, relocation of its Corporate
headquarters, the Company’s 5% Discount currently in effect, new
requirements of the American Water Infrastructure Act and a planned
$ 71 million treatment plant and electrical system upgrade at the
Company’s largest plant in New Jersey.
Management’s presentation at the Annual Meeting of Shareholders
is available in the Investors section of the company’s website
www.middlesexwater.com under News &
Events/Presentations.
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, Vice President – Corporate
AffairsMiddlesex Water Company(732)
638-7549www.middlesexwater.com
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