Mandatory Notification of Trade

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) announces that the following Primary Insider of Polarcus has acquired shares in the Company:


Duncan Eley, Chief Operating Officer, has on 14 November 2014 acquired 500,000 shares at an average price of NOK 0.9542 per share. Following the transaction he owns 500,000 shares in Polarcus.


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