Coastal Energy Company Update on Blocklisting (1988Z)
March 04 2013 - 12:35PM
UK Regulatory
TIDMCEO
RNS Number : 1988Z
Coastal Energy Company
04 March 2013
AIM: CEO 4 March 2013
TSX: CEN
Coastal Energy Company
Update on Blocklisting
Total Voting Rights
Coastal Energy Company, (TSX:CEN, AIM:CEO) ("Coastal" or the
"Company") provides an update regarding its existing block listing
arrangements for the period from 2 September 2012 to 1 March
2013.
Under the Block Listing a total of 9,215,942 were originally
admitted to AIM on 2 March 2012 and at the time of the most recent
update, on 2 September 2012, the Company had 7,668,400 common
shares of US$0.04 ("Common Shares") remaining to be issued. During
the period to 1 March 2013 the Company issued shares under the
Block Listing as follows:
Number
of Common
Shares
Forfeitures of options
and restricted stock
under Stock Option
and Restricted Stock
Plans 2,183,001
Exercise of options
and restricted stock
under Stock Option
and Restricted Stock
Plans 347,492
TOTAL 2,530,493
----------------------- ----------
As a result 5,137,907 Common Shares remain to be issued under
the blocklisting as at 1 March 2013.
As at 1 March 2013, the Company had 113,604,819 common shares in
issue with a par value of US $0.04.
Additional information may be found on the Company's website at
www.CoastalEnergy.comor may be found in documents filed on SEDAR at
www.sedar.com.
Enquiries:
Coastal Energy Company
Email: Investor@Coastalenergy.com Tel: +1 (713) 877 6793
Strand Hanson Limited - Nominated Adviser
Rory Murphy / Andy Emmott Tel: +44 (0) 20 7409 3494
Macqaurie Capital (Europe) Limited - Broker
Jeffrey Auld Tel: +44 (0) 20 3037 2000
First Energy Capital LLP - Broker
Hugh Sanderson / Travis Inlow Tel: +44 (0) 20 7448 0200
Buchanan
Tim Thompson / Ben Romney Tel: +44 (0) 20 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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