Polarcus appoints ex-Citigroup banker as new Board director

The 2019 Annual General Meeting (“AGM”) of Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) held on 29 April 2019 elected Mr. Monish Sahni as a new board member with a term of office expiring at the Company’s 2020 AGM.

Mr. Sahni is a senior financial professional with 30 years’ experience in banking and hedge funds across Europe, Asia and the US. He has diverse sector experience including the shipping and logistics industries, offshore drilling, oil services and industrials. Mr. Sahni holds an MBA and a BA from Cornell University, Ithaca, New York. He is a British citizen.

With effect from the 2019 AGM, the board of directors of Polarcus comprises: Mr. Mike Mannering (Chairman), Mrs. Karen El-Tawil, Mr. Nicholas Smith, Mr. Erik Mathiesen, Mr. Tom Henning Slethei, Mr. Peter Zickerman and Mr. Monish Sahni.



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 www.polarcus.com


This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.