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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