Share Information As of 31-December 2009 Shares in Polarcus were listed on the Oslo Axess under the ticker symbol ‘PLCS’ on 30 September 2009. From listing on Oslo Axess until the end of the year, a total of 71 million Polarcus shares were traded at a value of NOK 255 million. This means that 27 percent of the total number of shares outstanding in Polarcus were traded during the period and more than 1,600 share transactions were completed in Polarcus shares. At the end of the year 2009, Polarcus had a market capitalization of NOK 974 million.
Share capital
Consolidation
At year-end 2009 Polarcus had 329 shareholders. The company’s largest shareholder is Drydocks-World LLC with 14.25 percent. The 20 largest shareholders at year end 2009 held 72.92 percent of the shares in Polarcus.
An Extraordinary General Meeting of the Company on September 11, 2009 decided to consolidate the Company’s shares 2:1 with immediate effect. Following the consolidation, the total number of issued shares and votes in Polarcus amounted to 101,785,927.50
Following the Company’s Initial Public Offering on 27 September 2009 the issued share capital of Polarcus amounts to USD 5,263,496.40 divided into 263,174,820 shares of par value USD 0.02 each. All shares are of the same class and carry equal rights in all respects and each share carries one vote.
Polarcus shareholders
Name
Holding
%
Drydocks World llc
37,500,000
14.25%
Zickerman Holding ltd
30,356,616
11.53%
Zickerman Group ltd
21,600,001
8.21%
BGL BNP Paribas
19,948,745
7.58%
Awilco Invest as
11,531,000
4.38%
Morgan Stanley & co inc. New York
9,551,126
3.63%
JPMorgan Chase Bank
9,000,000
3.42%
The Northern Trust co.
8,786,000
3.34%
Deutsche Bank AG London
6,844,000
2.60%
Caceis Bank Luxembourg
6,218,833
2.36%
JPMorgan Chase Bank
4,602,000
1.75%
State Street Bank and Trust co.
4,327,000
1.64%
Bank of New York Mellon
4,013,000
1.52%
Brown Brothers Harriman & co
3,095,000
1.18%
Bank of New York Mellon sa/nv
3,086,900
1.17%
JPMorgan chase bank, na
2,545,791
0.97%
Ulstein Shipping AS
2,500,000
0.95%
Boreas capital fund
2,245,000
0.85%
Mp pensjon
2,102,000
0.80%
Klp lk aksjer
2,048,000
0.78%
191,901,012
72.92%
Top 20 Shareholders Others
71,273,808
27.08%
Total
263,174,820
100.00%