Polarcus Limited : Summons to bondholders’ meeting

Reference is made to the stock exchange notice published on 25 March 2015 regarding the improved terms to the Fleet Bank Facility and the proposed amendments to the USD 125 million Convertible Bond Issue.

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) hereby summons to a bondholder meeting in the bond loan USD 125,000,000 2.875% Secured Convertible Bond Issue 2011/2016 (ISIN NO 001 0607435).

The meeting will be held on 14 April 2015 at 10:00hrs CET (08:00hrs GMT) at the premises of Nordic Trustee ASA.

Please find the summons attached.


Rod Starr, CEO Polarcus

+971 4 436 0800


Tom Henrik Sundby, CFO Polarcus

+971 50 708 6480


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 over 600 professionals worldwide. The Company’s principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com


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