Coastal Eng Regulatory News (CEO)



Regulatory News for Coastal Eng (CEO)


Share Price: 1,202.50Bid: 1,190.00Ask: 1,200.00Change: 7.50 (+0.63%)Riser - Coastal Eng
Spread: 10.00Spread as %: 0.84%Open: 1,215.00High: 1,215.00Low: 1,190.00Yesterday’s Close: 1,195.00





Update of Normal Course Issuer Bid

Fri, 29th Jun 2012 08:01

RNS Number : 4605G
Coastal Energy Company
29 June 2012
 

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AIM: CEO                                                                                                                                                     June 29, 2012

TSX: CEN

Update of Normal Course Issuer Bid

 

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 22 -  June 28, 2012

 

241,200

 

C$13.3855

 

113,060,995

 

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.comor may be found in documents filed on SEDAR at www.sedar.com.

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)

Hugh Sanderson / Travis Inlow                                                                                                                                                            +44 (0) 20 7448 0200

 

Buchanan             

Tim Thompson / Ben Romney                                                                                                                                                                +44 (0) 20 7466 5000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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