The Extraordinary General Meeting in Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) held on 6 March 2017 elected Mr. Nicholas Smith as a new board member with a term of office expiring at the Company's 2017 annual general meeting at which Mr. Smith will be nominated for re-election for a term of two years.
Mr. Smith is a Chartered Accountant by profession with a successful non-executive track record in the public E&P sector and investment trusts, including seven years as Chairman of Ophir Energy plc. Mr. Smith is ACA 1975, FCA 1980, BA (Open) 2008. He is a British citizen.
Following these changes, the board of directors of Polarcus comprises the following members: Mr. Peter Rigg (Chairman), Mr. Arnstein Wigestrand, Mrs. Karen El-Tawil, Mr. Erik Mathiesen, Mr. Tom Henning Slethei, Mr. Peter Zickerman and Mr Nicholas Smith.
Caleb Raywood, Company Secretary
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Hans-Peter Burlid, CFO
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Polarcus (OSE: PLCS) is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions and employs nearly 500 professionals worldwide. The Company's principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com