Press Releases

Year

August 6, 2018

SJW Group and Connecticut Water Amend Agreement; SJW Group to Acquire All Connecticut Water Shares for $70.00 per Share in Cash

SJW Group (NYSE: SJW) (“SJW Group”) and Connecticut Water Service, Inc. (NASDAQ: CTWS) (“Connecticut Water”) today announced that they have amended the terms of their previously announced merger agreement from a stock-for-stock transaction to an all-cash acquisition of all outstanding common shares

July 26, 2018

SJW GROUP ANNOUNCES 2018 SECOND QUARTER FINANCIAL RESULTS

SAN JOSE, CA, July 25, 2018 – SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2018. SJW Group net income was $12.9 million for the quarter ended June 30, 2018, compared to $18.7 million for the same period in 2017.

July 13, 2018

SJW Group Committed to Supporting California Public Utilities Commission’s Order Instituting Investigation of Merger with Connecticut Water

Transaction with Connecticut Water Remains on Track to Close During the Fourth Quarter 2018 Merger Is Expected to Provide Significant Benefits to Customers and Service Area Communities San Jose, CA – July 12, 2018 – SJW Group (NYSE: SJW) is committed to supporting the California Public Utilities

July 13, 2018

SJW Group Clarifies Anticipated Regulatory Timeline to Complete Merger with Connecticut Water

SJW Group (NYSE: SJW) today issued the following statement to clarify the anticipated regulatory timeline to complete its merger with Connecticut Water Service, Inc. (NASDAQ: CTWS) (“Connecticut Water”): “We remain committed to our signed, definitive agreement to merge with Connecticut Water as the

July 11, 2018

SJW GROUP SETS DATE FOR RELEASE OF SECOND QUARTER 2018 FINANCIAL RESULTS

SAN JOSE, Calif.--(BUSINESS WIRE)--SJW Group (NYSE:SJW) today announced that the Company will release its second quarter 2018 financial results after the close of the market on July 25, 2018. Eric W. Thornburg, Chairman of the Board, President and Chief Executive Officer, and James P.

July 2, 2018

SJW Group Completes Deer Creek Ranch Water System Acquisition

SJW Group (NYSE:SJW) today announced that SJWTX, Inc., a wholly owned subsidiary of SJW Group based in New Braunfels, Texas, has completed its acquisition of the Deer Creek Ranch Water Co., LLC’s water system. In 2017, SJWTX, Inc. entered into an agreement to purchase the water system assets.

June 18, 2018

SJW Group Comments on Termination of Connecticut Water Go-Shop Process and Reiterates Its Support of the Merger with Connecticut Water

SJW Group (NYSE: SJW) today commented on the termination of Connecticut Water Service, Inc.’s (NASDAQ: CTWS) (“Connecticut Water”) “go-shop” process related to the merger with SJW Group. Robert A. Van Valer, the lead independent director of SJW Group’s Board of Directors and trustee of the Roscoe

June 7, 2018

SJW Group Advises Stockholders to Take No Action in Response to California Water Service Group’s Unsolicited Cash Tender Offer

SAN JOSE, Calif.--(BUSINESS WIRE)-- SJW Group (NYSE: SJW ) today confirmed that California Water Service Group (NYSE: CWT ) (“Cal Water”) has commenced an unsolicited tender offer (“Offer”) to acquire all outstanding shares of SJW Group common stock for $68.25 per share in cash.

June 4, 2018

SJW Group Board of Directors Mails Important Message to Fellow SJW Group Stockholders

SJW Group (NYSE:SJW) today announced that its Board of Directors mailed an important message to its fellow SJW Group stockholders regarding SJW Group’s Merger of Equals with Connecticut Water Service, Inc. (NASDAQ:CTWS) (“Connecticut Water”). The message, which is included in its entirety below,

May 31, 2018

SJW Group Comments on Amended Merger Agreement with Connecticut Water

SJW Group (NYSE: SJW) today issued the following statement regarding its amended merger agreement with Connecticut Water Service, Inc. (NASDAQ: CTWS) (“Connecticut Water”): “SJW Group’s Board of Directors continues to believe that SJW Group’s merger with Connecticut Water has the potential to

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