Polarcus summons to bondholders’ meeting

Reference is made to the stock exchange notice published on 6 January 2016 in which Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) announced a restructuring plan with support from key stakeholders.

Summons for a joint Bondholders’ Meeting on 22 January 2016 for the following Bond Issues have today been submitted to Nordic Trustee ASA for distribution through VPS on 7 January 2016:

ISIN NO 001 068015.5 – 8 per cent Polarcus Limited Senior Unsecured Callable Bond Issue 2013/2018

ISIN NO 001 071438.8 – FRN Polarcus Limited Senior Unsecured Callable Bond Issue 2014/2019

ISIN NO 001 067043.5 – 2.875% Polarcus Limited Secured Convertible Bond Issue 2011/2016

Voting will be carried out separately for each Bond Issue. The meeting will be held on 22 January 2016 at 13:00hrs CET at the premises of Nordic Trustee ASA.

Please find the summons attached.



Tom Henrik Sundby, CFO
+971 50 708 6480

Hans-Peter Burlid, VP Finance & Investor Relations
+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 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 nearly 500 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)