Discount

Discount

MIDDLESEX WATER COMPANY ANNOUNCES 5% DISCOUNT ON PURCHASES OF ITS COMMON STOCK

ABOUT THE 5% DISCOUNT (FAQs)
Shares of Middlesex Water Common Stock purchased through the Middlesex Water Investment Plan (the “Plan”) will be at a 5% discount for a limited period of time. The discount applies to all Common Stock purchases made under the Plan whether by optional cash payment or by dividend reinvestment.


WHEN IS THE DISCOUNT IN EFFECT?
The discount will be in effect January 2, 2019 and will continue until 200,000 shares are purchased at the discounted price or December 30, 2019, whichever event occurs first.


WHAT IS THE PURCHASE PRICE OF THE SHARES?
During this discount period, the purchase price of the shares will be 95% of the fair market value of the shares on the purchase dates, as described in the Plan Prospectus dated December 13, 2018, if purchased through the Plan.


WHERE CAN I FIND THE PLAN PROSPECTUS?
We have revised our Plan Prospectus to eliminate the withdrawal fee formerly assessed for stock purchases at the 5% discount and sold within six months after purchase.  The amended Plan Prospectus sets forth all the terms and conditions of the Plan, including discount purchase details and instructions for enrolling in the Plan. The amended Plan Prospectus is available online at the SEC’s website above and at (http://shareholder.broadridge.com/middlesexwater). 
A Registration Statement with respect to the Plan, which includes the Plan Prospectus, was filed with the Securities and Exchange Commission (“SEC”) on December 13, 2018.  The Registration Statement is on Form S-3 (SEC No. 333-205698).  The entire Registration Statement, which includes the Plan Prospectus, can be viewed online at the SEC’s website: www.sec.gov.


This announcement is not an offer to sell or a solicitation to buy securities, which can be made only by means of the Plan Prospectus.  

 
WHERE CAN I GET MORE INFORMATION?
Shareholders or prospective investors are invited to contact the Plan Agent (Broadridge) at 1-888-211-0641 or by email at shareholder@broadridge.com for questions related to the 5% discount or assistance in completing the enrollment form.  Mailing information and payment instructions for Plan enrollment or to make optional cash payments can be found on the enrollment form.