AIM Rule 26
The following information on Coastal Energy Company is being disclosed for the purposes of Rule 26 of the AIM Rules for Companies. The site was last updated for this rule on 26 July 2011.
1. Business Description
A description of our business can be accessed here.
2. Company's Directors
The names and brief biographical details of our Directors can be accessed here.
3. Corporate Governance
A brief description of the responsibilities of the members of the Board of Directors, the Corporate Governance Committees, together with their Terms of Reference can be accessed here.
4. Incorporation
Coastal Energy Company is incorporated in the Cayman Islands and its main areas of operation are in Thailand.
5. Non UK Company
Coastal Energy Company is incorporated under the laws of the Cayman Islands and the rights of its shareholders are governed by the Cayman Islands Law and may be different from the rights of shareholders in a UK incorporated company.
6. Constitutional Documents
A copy of the Company’s articles of association can be accessed here.
7. Shares In Issue
As at June 30, 2011, the number of shares in issue is 112,416,894.
Pursuant to the AIM Rules for Companies, Coastal Energy Company (the "Company") is required to disclose to the market certain information regarding the Company's share capital and those shareholders that are considered significant shareholders (holding 3% or more of the issued share capital). All holders of shares in the capital of the Company should therefore contact Matthew Laterza at (713) 877-6793 or mlaterza@coastalenergy.com in relation to any changes to their respective holdings in Company shares when, as a result either of an acquisition or disposal of shares in the Company or of changes in the total voting rights attached to the Company’s shares the percentage of voting rights which is held (or controlled) by individual shareholders:
(1) reaches, exceeds or falls below 3%; and
(2) reaches, exceeds or falls below each full percentage point above 3%.
8. Shares Not Held In Public Hands
As at June 30, 2011, the number of shares not held in public hands is 32,872,750, representing approximately 29.24% of the total issued share capital of the Company. These are shares held by directors, officers, and major shareholders of the Company.
9. Major Shareholding
As at 30 June 2011, the Company is aware of the following significant shareholders holding above 10% of the Share Capital: Oscar S. Wyatt Jr. with 30,069,580 shares which represents 26.75% of the total issued share capital of the Company.
10. Share Restrictions
There are no restrictions on the transfer of Coastal Energy Company's shares.
11. Financial Reports
All published annual reports and interim reports can be accessed here.
12. All Notifications Made By Us In The Last 12 Months
A copy of the Company’s last 12 months of press releases can be accessed here.
13. Admission Document
A copy of the Company’s admission document can be downloaded here.
14. Circulars
Details of our circulars issued to shareholders can be accessed here.
15. Advisors
Details of our nominated advisor and other key advisors may be accessed here.
