 HAMPTON, N.H., Sept. 08, 2021 GLOBE NEWSWIRE -- Unitil Corporation NYSE: UTL announced today that its underwriters exercised and closed their option to purchase an additional 120,000 newly issued shares of its common stock in connection with its previously announced public offering pursuant to an effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission. Including the 120,000 newly issued shares, Unitil has sold 920,000 shares at a public offering price of 50.80 per share, resulting in expected net proceeds to Unitil of approximately 44.5 million after deducting the underwriting discount and its estimated offering expenses. Unitil intends to use the net proceeds from this offering to make equity capital contributions to Unitils regulated utility subsidiaries, to repay debt and for general corporate purposes. 