Gas Natural Inc. (NYSEMKT:EGAS) Files An 8-K Other Events
Item 8.01.Other Events.

As previously disclosed, on January 31, 2017, the United States District Court for the Northern District of Ohio issued an order (the “Order”) in the action captioned In re Gas Natural Inc., Case No. 1:13-cv-02805, preliminarily approving a proposed settlement (the “Settlement”) as set forth in a Stipulation of Settlement dated January 13, 2017 (the “Stipulation”), by and among (i) plaintiffs John Durgerian and Joseph Ferrigno, individually and derivatively on behalf of Gas Natural Inc. (the “Company”); (ii) certain of the Company’s current and former officers and directors; and (iii) the Company, and setting a hearing for final approval of the Settlement on April 7, 2017 (the “Settlement Approval Hearing”).

Subsequent to issuing the Order, the Court rescheduled the Settlement Approval Hearing for April 12, 2017 at 9:30 a.m. before U.S. Magistrate Judge Jonathan D. Greenberg, at the U.S. District Court, Northern District of Ohio, Carl B. Stokes U.S. Court House, 801 West Superior Avenue, Courtroom 10B, Cleveland, Ohio 44113.

The Settlement, if finally approved, will cause the dismissal with prejudice of this litigation. Additional information regarding the terms of the Stipulation and the requirements for submitting any objections to the Settlement can be found in the Stipulation and the Notice of Pendency and Proposed Settlement of Shareholder Derivative Action (the “Notice”).

The foregoing description of the Notice is not complete and is qualified in its entirety by reference to the Notice, which is attached as exhibit 99.1 to our Current Report on Form 8-K filed on February 3, 2017. In addition, the Company published the Notice and the Stipulation on the Company’s website at http://www.investor.egas.net.

About Gas Natural Inc. (NYSEMKT:EGAS)

Gas Natural Inc. is a natural gas company. The Company operates through three segments: Natural Gas; Marketing and Production, and Corporate and Other. The Natural Gas segment annually distributes approximately 20 billion cubic feet of natural gas to its customers through regulated utilities operating in Maine, Montana, North Carolina and Ohio. Its operations in Maine provide natural gas service to customers in Bangor, Brewer, Old Town, Orono, Bucksport, Hermon, Veazie and Lincoln. Its operations in Montana provide natural gas service to customers in Cascade, Gallatin and Glacier counties. Its North Carolina operations provide natural gas service to customers in Ashe, Surry, Warren, Watauga, Wilkes and Yadkin counties. The Company’s Marketing and Production segment annually markets approximately 1.5 billion cubic feet of natural gas to commercial and industrial customers in Montana, Wyoming and Ohio through its subsidiaries, Energy West Resources, Inc. and Gas Natural Resources, LLC.

Gas Natural Inc. (NYSEMKT:EGAS) Recent Trading Information

Gas Natural Inc. (NYSEMKT:EGAS) closed its last trading session up +0.02 at 12.62 with 6,309 shares trading hands.