South Jersey Industries Press Releases | South Jersey Industries

SOUTH JERSEY INDUSTRIES, INC. PRICES COMMON STOCK AND EQUITY UNITS OFFERINGS

South Jersey Industries, Inc. (NYSE: SJI) (the “Company”) today announced the pricing of a registered public offering of 11,016,949 shares of its common stock at $29.50 per share (the “Common Stock”), for total gross proceeds of approximately $325 million.

SOUTH JERSEY INDUSTRIES, INC. ANNOUNCES PROPOSED COMMON STOCK AND EQUITY UNITS OFFERINGS

South Jersey Industries, Inc. (NYSE: SJI) (the “Company”) today announced that it plans to conduct concurrent registered public offerings, subject to market conditions and other factors, of up to $325 million of shares of its common stock (the “Common Stock”), a portion of which may be subject to the forward sale agreement described below, and 5.0 million Equity Units (the “Equity Units”) (aggregate stated amount of $250 million of Equity Units).

SJI Introduces New Visual Brand

SJI (NYSE: SJI) today introduced a new visual brand that reflects its commitment to the company’s continued growth, while also acknowledging its history. The new corporate logo will feature an updated, modern variation of the signature SJI flame and brighter shades of the company blue, orange and yellow colors.

SJI Reports FY and Q4 2017 Results; Announces 2018 Guidance

South Jersey Industries (NYSE: SJI) today announced results for the full year and fourth quarter of 2017. GAAP income and Economic Earnings* for both periods are presented in the chart below, as compared with the same periods in 2016.

SJI TO HOST FOURTH QUARTER 2017 CONFERENCE CALL AND LIVE WEBCAST

South Jersey Industries’ (NYSE: SJI) President and Chief Executive Officer, Michael J. Renna, along with key members of the company’s Senior Management team, will host an open conference call and webcast discussing the company’s fourth quarter and full year 2017 results on Friday, February 23, 2018, at 11:00 A.M. ET.

South Jersey Industries Declares Quarterly Dividend

South Jersey Industries’ (NYSE:SJI) board of directors declared its regular dividend of $0.28000 per share for the first quarter of 2018. The dividend is payable April 3, 2018 to shareholders of record at the close of business March 19, 2018. This is SJI’s 67th consecutive year of paying dividends, reflecting the company’s commitment to a consistent, sustainable dividend.

SJI to Postpone Investor Day Presentation

South Jersey Industries (NYSE: SJI) will be postponing its Investor Day presentation, originally scheduled for January 23, in New York City. The company is targeting a date in March to reschedule the event, and will provide further details on that timing in the very near future. The company believes this postponement will allow for a more comprehensive discussion with investors, as the company will have greater clarity around the specific impacts of tax reform on our business and greater detail around the financing proposed to support its pending acquisitions of Elizabethtown Gas and Elkton Gas companies.

SJI to Broadcast Investor Day Live on the Web

South Jersey Industries’ (NYSE: SJI) will host an investor day for equity analysts and institutional investors on Tuesday, January 23, from 8:30 a.m. to 11:30 a.m. ET in New York City.

SOUTH JERSEY INDUSTRIES SEEKS APPROVAL FOR THE ACQUISITION OF ELIZABETHTOWN GAS

South Jersey Industries (NYSE: SJI) and Pivotal Utility Holdings, Inc. (“Pivotal”) filed a Joint Petition December 21 to the New Jersey Board of Public Utilities (“NJBPU”) seeking approval for the acquisition of Pivotal’s New Jersey utility operating division, Elizabethtown Gas (“Elizabethtown”).