Unitil Shareholders Elect Directors at Annual Meeting


HAMPTON, N.H.--(BUSINESS WIRE)--Apr. 22, 2014-- Unitil Corporation (NYSE:UTL) (www.unitil.com) held its Annual Meeting of Shareholders today at the corporate office in Hampton, New Hampshire. Shareholders elected Dr. Robert V. Antonucci, David P. Brownell, Albert H. Elfner, III, Michael B. Green, and M. Brian O’Shaughnessy to the Board of Directors for three-year terms, and ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm for 2014. Additionally, the required shareholder advisory vote concerning executive compensation, also known as “say on pay,” was approved as recommended by the Board of Directors and management.

In his presentation at the meeting, Robert G. Schoenberger, Unitil's Chairman and Chief Executive Officer, reviewed highlights from 2013 as well as the Company’s strategic initiatives for the coming year. Mr. Schoenberger's presentation is available in the Investor Relations section of the Company’s website at www.unitil.com.

About Unitil Corporation

Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil’s operating utilities serve approximately 102,400 electric customers and 75,900 natural gas customers. Other subsidiaries include Usource, Unitil’s non-regulated business segment. For more information about our people, technologies, and community involvement please visit www.unitil.com.

This press release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. All statements, other than statements of historical fact, are forward-looking statements. Certain factors that could cause the actual results to differ materially from those projected in these forward-looking statements include, but are not limited to the following: variations in weather; changes in the regulatory environment; customers' preferences on energy sources; general economic conditions; increased competition; fluctuations in supply, demand, transmission capacity and prices for energy commodities; and other uncertainties, all of which are difficult to predict, and many of which are beyond the control of Unitil Corporation.


Source: Unitil Corporation

Unitil Corporation
David Chong, 603-773-6499
Investor Relations
Alec O’Meara, 603-773-6404
Media Relations