Mandatory Notification of Trade

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) announces that certain Primary Insiders of Polarcus have acquired shares in the Company on 29 July, 2019 at an average price of NOK 1.2083 per share as follows:

Duncan Eley, Chief Executive Officer of Polarcus: 375,000 shares. Following the transaction, he owns 1,014,616 shares in Polarcus.

Hans-Peter Burlid, Chief Financial Officer of Polarcus: 270,000 shares. Following the transaction, he owns 502,596 shares in Polarcus.



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 seismic vessels with 3D and 4D imaging capabilities, which incorporate leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions. The Company services its clients globally from its head office in Dubai and regional offices located in Houston, London and Singapore. For more information, visit

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