Unitil Corp enters $50M at-the-market stock offering program

UNITIL CORP

May sell up to $50M of common stock via Agents Janney and Scotia Capital in ATM offerings.
Forward purchase agreements allow potential delayed settlement; no upfront proceeds from borrowed shares.
Commission rate of up to 2.0% of gross sales price for shares sold through Agents.
Existing debt commitments with Bank of Nova Scotia for recent acquisitions referenced.
No assurance of any sales; program may be terminated by Company or Agents at any time.

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