Raport Bieżący Nr 2/2020

PCF Group S.A., a prominent Polish game development studio known for its People Can Fly brand, finalized critical regulatory steps for its transition to a publicly traded entity on the Warsaw Stock Exchange in December 2020. The primary objective of these actions was the formal registration of company shares and share rights within the National Depository for Securities (KDPW). This process is a fundamental requirement for the dematerialization of securities, enabling them to be traded on a regulated market.

The registration involved several distinct tranches of securities. Initially, KDPW registered 2,062,512 Series A ordinary bearer shares with a nominal value of 0.02 PLN each under the ISIN code PLPCFGR00010, effective December 11, 2020. Subsequently, the depository issued a conditional registration for an additional 25,437,488 Series A shares and 2,062,512 rights to Series B ordinary bearer shares. These conditional registrations were predicated on the formal admission of these securities to trading on the regulated market.

These administrative milestones occurred during a pivotal period for the Polish gaming industry, as PCF Group sought to capitalize on investor interest through its initial public offering. By securing these registrations, the company ensured the necessary technical and legal infrastructure was in place for its market debut. The scope of these activities was limited to the Polish capital market regulatory framework, specifically adhering to the requirements set forth by the Ministry of Finance regarding current and periodic information provided by issuers of securities. This formalization allowed for the eventual conversion of share rights into final shares following the completion of the offering process.