Update of Normal Course Issuer Bid
June 21 2012 - 6:29PM
Further to the Coastal Energy Company's (TSX:CEN) (AIM:CEO)
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 |
June 15 – June 21,
2012 |
239,400 |
C$14.1283 |
113,302,195 |
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
CONTACT: Enquiries:
Coastal Energy Company
Email: investor@CoastalEnergy.com
+1 (713) 877-6793
Strand Hanson Limited (Nominated Adviser)
Rory Murphy / Paul Cocker
+44 (0) 20 7409 3494
Macquarie Capital (Europe) Limited (Broker)
Paul Connolly / Jeffrey Auld
+44 (0) 20 3037 2000
FirstEnergy Capital LLP (Broker)
Hugh Sanderson / Travis Inlow
+44 (0) 20 7448 0200
Buchanan
Tim Thompson / Ben Romney
+44 (0) 20 7466 5000
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