Information regarding water asset monetizations can be found in the press release issued by the Company on August 30, 2019, a copy of which is attached hereto as Exhibit 99.1.
(d) Exhibits
PICO HOLDINGS INC /NEW Exhibit
EX-99.1 2 ex991picopressreleasewater.htm EXHIBIT 99.1 PRESS RELEASE FOR WATER ASSET MONETIZATIONS Exhibit NEWS RELEASEFOR IMMEDIATE RELEASEPICO Holdings,…
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About PICO HOLDINGS, INC. (NASDAQ:PICO)

PICO Holdings, Inc. (PICO) is a holding company. The Company’s segments include Water Resource and Water Storage Operations; Real Estate Operations, and Corporate. PICO’s subsidiary, Vidler Water Company, Inc. (Vidler), acquires and develops water resources and water storage operations in the southwestern United States, with assets and operations in Nevada, Arizona, Colorado and New Mexico. PICO develops new sources of water for municipal and industrial use, either from existing supplies of water, such as water used for agricultural purposes, acquiring unappropriated water, or discovering new water sources. The Real Estate Operations are conducted through UCP, Inc., which is a homebuilder and land developer in markets located in California, Washington State, North Carolina, South Carolina and Tennessee. The Corporate segment includes its investments in small businesses, typically venture capital-type situations and also includes the results from a portfolio of equity securities.