Class B shares to be registered on the NOTC-list

Reference is made to the stock exchange releases published by Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) on 9 March 2016 regarding the issuance of Class B shares. The Class B shares will be registered on the NOTC-list as of 11 March 2016 under the ticker “PLCSB”. The Class B shares were issued in connection with the Restructuring. The Class B shares and the shares listed on Oslo Børs under the ticker “PLCS” have equal rights in all respects, including with respect to voting and dividends, but are two different share classes with different ISINs. The Company will work towards joining the two share classes, but can give no guarantee that this will be done as this is subject to conditions outside its control. The new shares will be sought to be listed on Oslo Børs, subject to approval of a listing application and prospectus.



Hans-Peter Burlid, CFO
+971 50 559 8175


About Polarcus

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


This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)