Prepared and filed by St Ives Burrups

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 27, 2004

AQUA AMERICA, INC.  

(Exact name of registrant as specified in its charter)  


Pennsylvania     1-6659     23-1702594  





(State or other
jurisdiction of
incorporation)
    (Commission
File Number)
    (IRS Employer
Identification
Number)
 


762 W. Lancaster Avenue, Bryn Mawr, Pennsylvania     19010  



(Address of principal executive offices)     (Zip Code)  


(610) 527 – 8000  

(Registrant’s telephone number, including area code)  


Not Applicable  

(Former name or former address, if changed since last report.)  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

Item 7.01.  Regulation FD Disclosure.

  On August 31, 2004, Aqua America, Inc. (Aqua) issued a press release announcing the events described in Item 8.01. The press release is attached hereto as Exhibit 99 and is incorporated by reference into this Item 7.01. The press release is not being “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not to be incorporated by reference into any filing of Aqua. Additionally, the submission of this report on Form 8-K is not an admission as to the materiality of any information in this report that is required to be disclosed solely by Regulation FD.

Item 8.01.  Other Events.

  On August 27, 2004, Aqua America, Inc. (Aqua) was awarded approximately $12 million plus interest in an arbitration over the final purchase price in its acquisition of the stock of the AquaSource operations. Aqua purchased these operations from Duquesne Light Holdings, Inc. on July 31, 2003. The purchase agreement allowed for adjustments to be made to the purchase price based upon the achievement of specific operating performance metrics, involving revenue, rate base and customer connections. The award represents a cash refund to Aqua for a portion of the estimated purchase price originally paid in accordance with the purchase agreement.

Item 9.01.  Financial Statements and Exhibits.

  Exhibit No.     Description  
  99     Aqua America, Inc. Press Release dated August 31, 2004  

 


 

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

      Aqua America, Inc.  
           
           
           
Date: August 31, 2004     ROY H. STAHL  
 
      Name: Roy H. Stahl  
      Title: Executive Vice President and  
        General Counsel  

 


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EXHIBIT INDEX

Exhibit Number     Description of Document  

 
         
99     Press Release dated August 31, 2004