0000066004 false 0000066004 2021-08-03 2021-08-03 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

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: August 3, 2021

 

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.)

 

485C Route 1 South, Suite 400, Iselin, New Jersey 08830

(Address of Principal Executive Offices) (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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, No Par Value MSEX NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

Item. 8.01. Other Events

 

Announcement of Middlesex Water Company 3% Discount Offering to Participants in the Middlesex Water Company Investment 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 August 3, 2021.

 

 

 

 

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
  Sr. Vice President, Treasurer and
  Chief Financial Officer

 

 

Dated: August 3, 2021

 

 

 

 

 

Exhibit 99.1

 

 

Middlesex Water STOCK INVESTMENT PLAN

ANNOUNCES PURCHASE Discount

 

Iselin, New Jersey August 3, 2021 -- Middlesex Water Company (NASDAQ:MSEX) today announced a discount on purchases of its Common Stock purchased through the Company’s Investment Plan (the “Plan”) for a limited period of time. Shares will be offered at a 3% discount on all Common Stock purchases made under the Plan whether by optional cash payment or by dividend reinvestment. The discount will be in effect September 1, 2021 and will continue until 200,000 shares are purchased at the discounted price or August 1, 2022, whichever event occurs first.

During this discount period, the purchase price of the shares will be 97% of the fair market value of the shares on the purchase dates, as defined in the Plan Prospectus and Prospectus Supplement dated September 6, 2019, if purchased through the Plan.  Both the Plan Prospectus and Prospectus Supplement can be viewed here or online at the SEC’s website: www.sec.gov.  New investors may enroll in the Plan with an initial investment of at least $500.00.

 

Proceeds To Fund Capital Projects

Proceeds raised from Plan participant purchases help fund important capital projects such as those associated with the Company’s Water For Tomorrow® infrastructure investment program to ensure system reliability, resiliency and service quality for current and future generations of water users.

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

Established in 1897, Middlesex Water Company (NASDAQ:MSEX) serves as a trusted provider offering life-sustaining high quality water service for residential, commercial, industrial and fire protection purposes. The Company offers a full range of water, wastewater utility and related services. An investor-owned public utility, Middlesex Water is a professional services provider specializing in municipal and industrial contract operations and water and wastewater system technical operations and maintenance. The company and its subsidiaries form the Middlesex Water family of companies, which collectively serve a population of nearly half a million people in New Jersey and Delaware.  Middlesex is focused on meeting and balancing the needs of our employees, customers, and shareholders. We invest in our people, our infrastructure and the communities we serve to support reliable and resilient utility services, economic growth and quality of life. 

 

Contact:

Bernadette Sohler, Vice President – Corporate Affairs

Middlesex Water Company

(732) 638-7549

www.middlesexwater.com