PCF Group S.A. is issuing 387,714 new Series D ordinary bearer shares to facilitate a reinvestment strategy.
The new shares represent a 1.31% stake when measured against the company’s share capital prior to the issuance.
The previously reported 1.29% figure was a technical error that represented the ownership stake only after the capital increase is fully registered.
The issuance of these shares requires authorization from an extraordinary general meeting of shareholders.
This regulatory filing serves as a formal correction to a previous announcement and maintains all other terms of the original reinvestment plan.
The disclosure was submitted under European Union market abuse regulations to ensure transparency in the company's equity structure.
PCF Group S.A., the Warsaw-based parent company of People Can Fly, issued a formal correction regarding its planned capital increase and share issuance strategy as of May 2021. The primary purpose of this disclosure is to rectify a specific technical detail concerning the dilution and ownership percentage associated with a private subscription of Series D ordinary bearer shares. This correction follows a previous announcement regarding a reinvestment strategy that necessitates the convening of an extraordinary general meeting to authorize the issuance of 387,714 new shares.
The core adjustment focuses on the mathematical representation of the new shares relative to the company's total share capital. While the previous disclosure stated that the new issuance would represent approximately 1.29% of the share capital, this figure actually reflects the ownership stake after the capital increase has been fully executed and registered by the relevant court. When measured against the company’s current share capital prior to the issuance, the 387,714 shares represent a 1.31% stake.
This regulatory filing, submitted under European Union market abuse regulations, maintains all other details of the original reinvestment plan. The scope of the document is limited to the corporate governance and financial structuring of PCF Group S.A. within the Polish capital market. It highlights the precision required in public disclosures for listed game development entities, particularly regarding the issuance of equity through private offerings and the resulting impact on shareholder equity structures. All other terms of the reinvestment and the planned extraordinary general meeting remain unchanged.
