PCF Group S.A. raised 29,369,335.50 PLN through a private subscription of 387,714 Series D shares completed on May 31, 2021.
See it on page 2The entire offering was acquired by a single investor, the Canadian-based trust Fiducie Familiale Samuel Girardin 2020.
See it on page 1Shares were issued at a price of 75.75 PLN per share, significantly above the nominal value of 0.02 PLN.
See it on page 2The issuance was executed via a direct subscription agreement, bypassing traditional book-building processes and excluding existing shareholders' pre-emptive rights.
See it on page 1PCF Group S.A. has initiated the process to dematerialize the new shares and list them on the Warsaw Stock Exchange.
See it on page 2Final issuance costs, including advisory and promotional fees, are currently being calculated and will be disclosed in a future regulatory filing.
See it on page 2PCF Group S.A., a Warsaw-based game development studio, successfully concluded a private subscription of Series D ordinary bearer shares on May 31, 2021. The primary purpose of this issuance was to increase the company's share capital through a targeted private placement. The offering was directed exclusively to a single investor, Fiducie Familiale Samuel Girardin 2020, a trust established for Samuel Girardin and related parties based in Montreal, Canada.
The subscription involved 387,714 Series D shares with a nominal value of 0.02 PLN each. These shares were issued at an individual price of 75.75 PLN, resulting in a total offering value of 29,369,335.50 PLN. The transaction was executed via a direct subscription agreement rather than a traditional book-building process, meaning there was no reduction rate or division into tranches. All shares were acquired in exchange for cash contributions.
The issuance followed a resolution passed during the Extraordinary General Meeting on May 24, 2021, which also authorized the exclusion of pre-emptive rights for existing shareholders. Furthermore, the company initiated the process to dematerialize these shares and seek their admission to trading on the regulated market of the Warsaw Stock Exchange. While the subscription is complete, the final accounting of issuance costs—including advisory, preparation, and promotion fees—remains pending. PCF Group S.A. intends to disclose these specific financial details and the average cost per share in a subsequent regulatory filing once all invoices from involved entities are finalized.
