Middlesex Water Stock Investment Plan Announces Purchase Discount

ISELIN, NJ, Aug 03, 2021 (GLOBE NEWSWIRE) – Middlesex Water Company (NASDAQ: MSEX) today announced a discount on purchases of its common shares purchased under the Company’s investment plan (the “Plan”) for a limited period. The shares will be offered at a 3% discount on all purchases of common shares made under the plan, whether through optional cash payment or reinvestment of dividends. The discount will be effective September 1, 2021 and will continue until 200,000 shares are purchased at the discounted price or August 1, 2022, whichever 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 dates of purchase, as defined in the plan prospectus and prospectus supplement dated September 6, 2019, if they are purchased through the plan. The plan prospectus and the prospectus supplement can be viewed here or online at the SEC website: www.sec.gov. New investors can join the Plan with an initial investment of at least $ 500.00.

Product to finance investment projects
Proceeds from plan participant purchases help fund major capital projects such as those associated with the company’s Water For Tomorrow® infrastructure investment program to ensure the reliability, resilience and quality of the system. system service for current and future generations of water users.

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

About Middlesex Water Company
Founded in 1897, Middlesex Water Company (NASDAQ: MSEX) is a trusted provider of high quality life sustaining water service for residential, commercial, industrial and fire protection purposes. The Company offers a full range of water, wastewater and related services. An investor-owned utility company, Middlesex Water is a professional service provider specializing in municipal and industrial contracting operations as well as technical operation and maintenance of water and sewer systems. The company and its subsidiaries form the Middlesex Water family of companies, which collectively serves 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 public services, economic growth and quality of life.

Bernadette Sohler, Vice-president – Corporate Affairs
Middlesex Water Company
(732) 638-7549

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