Mandatory Notification of Trade
7 Oct 2014
Reference is made to the stock exchange notice published by Polarcus Limited (“Polarcus” or the “Company”) on 07 October 2014 regarding the successful completion of the Private Placement.
OEP Polarcus Holdings LLC, a company wholly owned by One Equity Partners V L.P., has on 07 October 2014 acquired 56,700,000 shares of Polarcus Limited at NOK 1.40 per share. Following this transaction OEP Polarcus Holding owns 142,366,033 shares, representing 22.9 % of the issued share capital after the Private Placement. Tom Kichler is a board member and primary insider of Polarcus and represents OEP Polarcus Holdings LLC.
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)