Legal

Raport Bieżący Nr 10/2022

31 May 20223 pages1,273 words

Summary

This corporate notification from PCF Group S.A., a Warsaw-based game development studio known as People Can Fly, details a strategic restructuring of its governing bodies conducted on May 31, 2022. The primary purpose of the action was to address legal ambiguities regarding the expiration of mandates for the Supervisory Board and the President of the Management Board. To avoid potential controversy over whether terms would naturally expire in 2022 or 2023, all current officials resigned effective as of the 2021 Annual General Meeting to facilitate an immediate transition into a second joint term. The restructuring involved the resignation of five Supervisory Board members: Mikołaj Wojciechowski, Barbara Sobowska, Dagmara Zawadzka, Kuba Dudek, and Jacek Pogonowski. Following these resignations, a group of authorized shareholders—including Sebastian Wojciechowski, Bartosz Kmita, Bartosz Biełuszko, and Krzysztof Dolaś—exercised their personal rights under the company’s articles of association to appoint the new board. Mikołaj Wojciechowski was reappointed as Chairman, with Barbara Sobowska and Kuba Dudek also returning as members for the second term. Simultaneously, Sebastian Wojciechowski resigned from his position as President of the Management Board and immediately reappointed himself to the same role for a new term, utilizing his personal shareholder rights. The professional profiles provided for the appointees highlight a leadership team with extensive backgrounds in law, venture capital, digital media, and finance. The appointees confirmed they hold no conflicting business interests and are not listed in the Register of Insolvent Debtors. This administrative maneuver ensures legal continuity and clarity for the company’s leadership as it moves past the 2021 fiscal year reporting period.

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Raport Bieżący Nr 10/2021

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Raport Bieżący Nr 10/2022

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