Derivatives: Anticipated adjustment in Coastal Contacts due to reverse split (20/12)


The following information is based on a press release from Coastal Contacts Inc. (Coastal Contacts) published on August 30, 2012 and may be subject to change.

The board of Coastal Contacts has decided on a reverse split whereby two (2) existing shares will be consolidated into one (1) new share. The Ex-date is September 5, 2012. NASDAQ OMX Derivatives Markets will carry out a re-calculation of options and forwards in Coastal Contacts (COA).

For further information, please see the attached file.


Attachments

20_Coastal_reverse split_1.pdf