Polarcus Limited
Polarcus: Share Suspension
Polarcus Limited (in provisional liquidation) ("Polarcus" or the "Company") (OSE: PLCS) refers to the suspension of trading in the Polarcus share announced on 9 March 2021 and to the order ("Order") of the Grand Court of the Cayman Islands ("Court") appointing named individuals as Joint Provisional Liquidators ("JPLs") of the Company (see: announcement dated 9 February 2021, Polarcus: Appointment of Joint Provisional Liquidators).
The Order requires the JPLs to submit a report to the Court by no later than 31 March 2021. The JPLs have informed the directors of the Company that they intend to submit their report within the time limit reference in the Order and the JPLs agree with the Company’s assessment that it is appropriate to maintain the suspension of trading in the Polarcus share.
The Company will issue a further announcement once the report is filed with the Court and as otherwise required in accordance with the Company’s continuing obligations.
Contacts
Hans-Peter Burlid, CFO
+971 50 559 8175
hp.burlid@polarcus.com
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
About Globenewswire
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Boyden15.4.2021 03:24:01 CEST | Press release
Record year for Boyden Denmark in 2020
Boyden15.4.2021 03:23:51 CEST | Pressemeddelelse
Rekordår for det nye Boyden-team i Danmark
TigerGraph, Inc.8.4.2021 15:01:29 CEST | Press release
TigerGraph’s Graph + AI Summit 2021 to Feature 40+ Sessions, Live Workshops and Speakers from JPMorgan Chase, NewDay, Pinterest, Jaguar Land Rover and More
Agillic A/S7.4.2021 09:01:28 CEST | Press release
Agillic launches a new fast and advanced SMS editor to help clients deliver personalised SMS experiences
TigerGraph, Inc.30.3.2021 15:29:56 CEST | Press release
Technical University of Denmark uses TigerGraph to help find more effective treatments for acute lymphoblastic leukemia
Møns Bank A/S26.3.2021 07:03:33 CET | Pressemeddelelse
Indkaldelse til ekstraordinær generalforsamling 19. april 2021
Sika AG26.3.2021 07:02:09 CET | Press release
SIKA ACQUIRES FLOORING ADHESIVES BUSINESS IN THE USA
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom