Updated Mar 17, 2026 by PCF Group
Krafton has secured priority allocation rights to increase its stake in PCF Group S.A. to exactly 10.00% of the company’s total share capital and voting rights.
The agreement establishes a fixed subscription price of 40.20 PLN per share for Krafton, applicable if the company issues up to 2,510,904 new shares by December 31, 2023.
The side letter, executed on June 14, 2023, serves as an amendment to the original investment agreement established between the two companies in March 2023.
The arrangement provides a framework for Krafton to increase its equity stake, though it does not create a binding legal obligation for the investor to subscribe to the new shares.
The potential share issuance is restricted to the Polish capital market and excludes offerings in the United States, Australia, Canada, Japan, and South Africa.
This strategic partnership aims to facilitate PCF Group’s capital expansion while solidifying Krafton’s role as a significant minority shareholder.
Krafton has secured priority allocation rights to increase its stake in PCF Group S.A. to exactly 10.00% of the company’s total share capital and voting rights.
The agreement establishes a fixed subscription price of 40.20 PLN per share for Krafton, applicable if the company issues up to 2,510,904 new shares by December 31, 2023.
The side letter, executed on June 14, 2023, serves as an amendment to the original investment agreement established between the two companies in March 2023.
The arrangement provides a framework for Krafton to increase its equity stake, though it does not create a binding legal obligation for the investor to subscribe to the new shares.
The potential share issuance is restricted to the Polish capital market and excludes offerings in the United States, Australia, Canada, Japan, and South Africa.
This strategic partnership aims to facilitate PCF Group’s capital expansion while solidifying Krafton’s role as a significant minority shareholder.