Update of Normal Course Issuer Bid
May 31 2012 - 5:49PM
Further to Coastal Energy Company's (AIM:CEO) (TSX:CEN)
announcement on 23 May 2012 regarding the implementation of a
Normal Course Issuer Bid, which commenced on 25 May 2012 (the
"NCIB"), the Company provides the following update relating to
common shares in the Company ("Common Shares") purchased, and
subsequently cancelled in accordance with the NCIB.
Date |
Number of Common Shares
Purchased & Cancelled |
Average Purchase
Price |
Remaining Number of Common
Shares Outstanding |
May 25, 2012 – May 31, 2012 |
125,900 |
C$14.9141 |
114,193,545 |
The Company will provide further updates on a weekly basis from
the date of this announcement.
Additional information, including the Company's complete
competent person's report may be found on the Company's website at
www.CoastalEnergy.com or may be found in documents filed on SEDAR
at www.sedar.com.
The Coastal Energy Company logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10062
|
|
Enquiries: |
|
Coastal Energy
Company |
|
Email: investor@CoastalEnergy.com |
+1 (713) 877-6793 |
|
|
Strand Hanson Limited
(Nominated Adviser) |
+44 (0) 20 7409 3494 |
Rory Murphy / Paul Cocker |
|
|
|
Macquarie Capital (Europe)
Limited (Broker) |
+44 (0) 20 3037 2000 |
Paul Connolly / Jeffrey Auld |
|
|
|
FirstEnergy Capital LLP
(Broker) |
+44 (0) 20 7448 0200 |
Hugh Sanderson / Travis Inlow |
|
|
|
Buchanan |
|
Tim Thompson / Ben Romney |
+44 (0) 20 7466 5000 |
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