Polarcus Limited (OAX:PLCS) ("Polarcus" or the "Company") is pleased to announce that The Norwegian Financial Supervisory Authority ("Finanstilsynet") has approved the prospectus prepared by Polarcus in connection with the transfer of listing of the Company's shares from Oslo Axess to Oslo Børs Main List. The prospectus serves as a listing prospectus only as required by Norwegian law and regulations, and no offering or other sale of shares has or will be completed in this respect.
The prospectus, dated 19 June 2012, will from today be publicly available at the Company's offices and on the Company's web site at www.polarcus.com.
The last day of listing of the Company's shares on Oslo Axess will be 19 June 2012. The first day of listing on Oslo Børs will be 20 June 2012. The shares will be listed on Oslo Børs under the Company's current ticker code "PLCS".
Rolf Ronningen, CEO Polarcus, +971 4 436 0800 / +971 50 459 6982
Tom Henrik Sundby, CFO Polarcus, +971 4 436 0800 / +971 50 708 6480
Polarcus (OAX: PLCS) is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating an innovative design and advanced maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects worldwide and employs over 500 professionals. The Company's principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)