Updated Mar 23, 2026 by PCF Group
PCF Group S.A. is increasing its stake in subsidiary Incuvo S.A. from 50.01% to approximately 62.25% of total capital and voting rights.
The transaction involves PCF Group issuing 136,104 new Series E shares, valued at PLN 6,278,477.52, to Incuvo CEO Andrzej Wychowańcy and Vice-Chairman Radomir Kucharski.
In exchange for the new PCF shares, the two executives are transferring a combined 1,748,878 shares of Incuvo to PCF Group, representing roughly 12.24% of Incuvo's capital.
The issuance price of PLN 46.13 per share was determined using a six-month average market price of PCF stock and an external fair-value assessment of Incuvo.
The newly issued PCF shares are subject to lock-up restrictions that remain in effect until the end of December 2024.
This capital restructuring is part of PCF Group’s broader strategy to expand its virtual reality capabilities and diversify its game portfolio through its subsidiary.
PCF Group S.A. is increasing its stake in subsidiary Incuvo S.A. from 50.01% to approximately 62.25% of total capital and voting rights.
The transaction involves PCF Group issuing 136,104 new Series E shares, valued at PLN 6,278,477.52, to Incuvo CEO Andrzej Wychowańcy and Vice-Chairman Radomir Kucharski.
In exchange for the new PCF shares, the two executives are transferring a combined 1,748,878 shares of Incuvo to PCF Group, representing roughly 12.24% of Incuvo's capital.
The issuance price of PLN 46.13 per share was determined using a six-month average market price of PCF stock and an external fair-value assessment of Incuvo.
The newly issued PCF shares are subject to lock-up restrictions that remain in effect until the end of December 2024.
This capital restructuring is part of PCF Group’s broader strategy to expand its virtual reality capabilities and diversify its game portfolio through its subsidiary.