Related Documents
Legal
Raport Bieżący Nr 7/2020
PCF Group S.A. formalizes a significant adjustment to its corporate governance framework through the registration of amendments to its Articles of Association. This regulatory action, finalized on December 23, 2020, follows a resolution passed during the Extraordinary General Meeting held on November 16, 2020. The registration was processed by the District Court for the Capital City of Warsaw, specifically the XIII Commercial Division of the National Court Register, marking the official legal implementation of these structural changes. The primary modification concerns Paragraph 12, Section 1 of the company statutes, which establishes stricter quorum requirements for critical corporate decisions. Under the new provision, resolutions regarding amendments to the Articles of Association, the sale or lease of the enterprise or its organized parts, and the establishment of limited property rights on such assets now require a specific threshold of representation. Specifically, these actions can only be authorized if shareholders representing at least half of the company's share capital are present at the General Meeting. This administrative update reflects the company's evolving legal structure during a period of transition within the Polish capital market. By increasing the representation requirements for fundamental changes to the business entity, the amendment provides enhanced protection for capital interests and ensures that major divestments or structural shifts carry the mandate of a significant majority of the shareholding base. The disclosure includes the adoption of a unified text of the Articles of Association to reflect these registered changes, ensuring transparency for investors and regulatory bodies regarding the company's operational bylaws.
PCF GroupDec 2020
Legal
Raport bieżący nr 15/2023
PCF Group S.A., the parent company of the global game development studio People Can Fly, officially confirmed the judicial registration of amendments to its articles of association in May 2023. The District Court for the Capital City of Warsaw recorded these changes following resolutions passed during the Extraordinary General Meeting held on February 28, 2023. This administrative update serves to align the company’s primary governing document with its current status as a publicly traded entity on the regulated market. The primary objective of these amendments was the removal of obsolete provisions that were only applicable prior to or immediately following the company’s initial public offering. By stripping away these transitional clauses, the company has streamlined its legal framework to reflect its mature standing on the Warsaw Stock Exchange. Furthermore, the updates included the formal repeal of provisions regarding authorized capital, effectively narrowing the scope of the board's previous mandates concerning share issuance under those specific terms. This regulatory filing represents a standard corporate governance action within the Polish capital market sector. It ensures that the company’s statutes are transparent and free of redundant legal language that no longer carries force of law. Along with the notification of registration, the company issued a unified text of the articles of association to provide shareholders and market participants with a consolidated and current version of its internal regulations. This action concludes the formal process of updating the corporate bylaws initiated earlier in the fiscal year.
PCF GroupMay 2023
Legal
Raport Bieżący Nr 9/2023
The formal registration of amendments to the articles of association for PCF Group S.A., a prominent Polish game development studio, marks a significant adjustment to the company’s capital structure as of March 2023. Following a resolution by the Management Board, the District Court for the Capital City of Warsaw officially recorded an increase in share capital. This change was facilitated through the issuance of 136,104 Series E ordinary bearer shares, each carrying a nominal value of 0.02 PLN. Consequently, the total share capital of the company rose from 599,004.52 PLN to 601,726.60 PLN. The issuance involved the complete exclusion of pre-emptive rights for existing shareholders, as the company moved to dematerialize these new shares for trading on the regulated market of the Warsaw Stock Exchange. Following this registration, the total number of votes resulting from all issued shares reached 30,086,330. The updated share composition now includes Series A, B, D, and the newly added Series E shares. This corporate action reflects the company's utilization of authorized capital to support its financial and operational growth strategies within the public market framework. While the remaining authorized capital was calculated at 26,840.42 PLN, representing over 1.3 million potential shares, the company concurrently moved to repeal this specific authorized capital provision through a separate Extraordinary General Meeting resolution. This administrative shift, effective the same day as the court registration, indicates a transition in how the company manages its future equity issuance capabilities. The updated consolidated text of the articles of association now reflects these specific capital increases and the resulting governance structure for the Warsaw-based developer.
PCF GroupMar 2023
Legal
Raport Bieżący Nr 22/ 2025
The filing serves to notify that the articles of association of PCF Group S.A., a Warsaw‑based joint‑stock company, were formally registered on 11 July 2025 by the XIII Commercial Division of the National Court Register. The registration follows resolutions passed at the Ordinary General Meeting on 23 June 2025 (resolutions 16/06/2025, 17/06/2025 and 18/06/2025) and complies with § 5 (1) and § 6 of the Minister of Finance’s 29 March 2018 regulation governing continuous and periodic disclosures by securities issuers. Amended provisions include the insertion of § 5¹ and § 14 (3), revisions to §§ 13, 16, 18 (1) and 21, and the adoption of a unified text of the statutes that incorporates all changes except the newly added § 5¹. The new § 5¹ specifically authorises the Management Board to increase the share capital within the target capital framework and to issue subscription warrants that confer rights to subscribe for shares issued under that framework. It also permits the Board, with Supervisory Board consent, to partially or wholly exclude existing shareholders’ pre‑emptive rights in relation to those shares or warrants. The scope is limited to corporate governance matters of a single Polish listed entity, covering statutory amendments enacted in June 2025 and recorded in July 2025. No empirical methodology is involved; the report merely documents the legal registration process and the substantive content of the statutory revisions.
PCF GroupJul 2025