VANCOUVER, British Columbia, Aug. 30, 2012 (GLOBE NEWSWIRE) -- Coastal Contacts Inc. (TSX:COA) (Stockholm:COA) ("Coastal Contacts" or the "Company"), one of the largest online retailers of vision care products in the world, announces that it has filed Articles of Amendment to give effect to a share consolidation on the basis of two pre-consolidation common shares for each one post-consolidation common share (the "Consolidation"). Shareholders of the Company authorized the Consolidation at the Company's Annual and Special Meeting of Shareholders held on April 20, 2012. The Company expects that its common shares will commence trading on the Toronto Stock Exchange on a consolidated basis at the opening on September 5, 2012 under the current symbol "COA" and new CUSIP number 19044R207.
Coastal Contacts Announces 2-for-1 Share Consolidation
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