UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report: December 18, 2018
MIDDLESEX WATER COMPANY
(Exact name of registrant as specified in its charter)
NEW JERSEY | 0-422 | 22-1114430 |
(State or other jurisdiction of | (Commission | (I.R.S. Employer |
incorporation or organization) | File Number) | Identification No.) |
1500 RONSON ROAD, P.O. BOX 1500, ISELIN, NEW JERSEY 08830
(Address of principal executive offices, including zip code)
(732)-634-1500
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item. 8.01. Other Events
Announcement of Middlesex Water Company 5% Discount Offering to Participants in the Middlesex Water Company Investment Plan, and amendment of the Plan, as set forth in the attached press release.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
Exhibit | |
Number | Description of Document |
99.1 | Press Release issued by Middlesex Water Company, dated December 18, 2018. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf of the undersigned hereunto duly authorized.
MIDDLESEX WATER COMPANY | |
(Registrant) | |
s/A. Bruce O’Connor | |
A. Bruce O’Connor | |
Vice President, Treasurer and | |
Chief Financial Officer |
Dated: December 18, 2018
Middlesex
Water Company ANNOUNCES 5% Discount ON PURCHASES OF
SHARES OF ITS COMMON STOCK to Investment Plan
Participants
Iselin, New Jersey December 18, 2018 -- Middlesex Water Company (NASDAQ:MSEX) today announced that, for a limited period of time, it will offer shares of its Common Stock at a 5% discount to participants in the Company’s Investment Plan (“Plan”). This offer applies to all Common Stock purchases made under the Plan, whether by optional cash payment or by dividend reinvestment. The discount will be in effect for purchases made by Plan participants commencing January 2, 2019 and will continue until 200,000 shares are purchased at the discounted price or December 30, 2019, whichever event occurs first. 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 Company’s Plan Prospectus (“Plan Prospectus”) dated December 13, 2018, only if purchased through the Plan. New investors may enroll in the Plan with an initial investment of at least $500.00.
A Registration Statement with respect to the Plan, which includes the Plan Prospectus, has been filed with the Securities and Exchange Commission (“SEC”). 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.
Middlesex Water Company also has amended the Plan to eliminate the withdrawal fee formerly assessed for stock purchased at the 5% Discount and sold within six months after purchase. The amended Plan Prospectus, filed December 13, 2018 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).
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.
About Middlesex Water Company
Middlesex Water Company, organized in 1897, provides regulated and unregulated water and wastewater utility services in New Jersey and Delaware 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.
Contact:
Bernadette Sohler, Vice President – Corporate Affairs
Middlesex Water Company
1500 Ronson Road
Iselin, New Jersey 08830
(732) 638-7549
www.middlesexwater.com