Updated Mar 23, 2026 by PCF Group
Square Enix Limited exercised its right to acquire the fourth tranche of 90,000 subscription warrants from PCF Group S.A. on 30 June 2022.
The issuance of this fourth tranche was triggered by PCF Group S.A. generating over 180 million PLN in revenue from contracts with Square Enix.
Each warrant allows Square Enix to purchase one Series C share at a fixed price of 50 PLN, consistent with the 2020 public offering price.
Square Enix has accumulated 360,000 warrants across four tranches, representing approximately 1.2% of PCF Group S.A.’s total share capital and voting rights.
The investment agreement allows for a maximum of six tranches, which would result in Square Enix holding approximately 1.8% of PCF Group S.A.’s share capital.
All outstanding warrants must be exercised by the deadline of 31 December 2025.
Square Enix Limited exercised its right to acquire the fourth tranche of 90,000 subscription warrants from PCF Group S.A. on 30 June 2022.
The issuance of this fourth tranche was triggered by PCF Group S.A. generating over 180 million PLN in revenue from contracts with Square Enix.
Each warrant allows Square Enix to purchase one Series C share at a fixed price of 50 PLN, consistent with the 2020 public offering price.
Square Enix has accumulated 360,000 warrants across four tranches, representing approximately 1.2% of PCF Group S.A.’s total share capital and voting rights.
The investment agreement allows for a maximum of six tranches, which would result in Square Enix holding approximately 1.8% of PCF Group S.A.’s share capital.
All outstanding warrants must be exercised by the deadline of 31 December 2025.