Key insights
6 takeaways · ~2 min read- 01PCF Group S.A. completed a private placement of 387,714 Series D ordinary shares to Fiducie Familiale Samuel Girardin 2020.See it on page 1
- 02The total subscription value of the transaction reached PLN 29,369,335.50, with each share issued at a price of PLN 75.75.See it on page 2
- 03The issuance was authorized by the company’s Extraordinary General Meeting on 24 May 2021 and finalized via a subscription agreement on 31 May 2021.See it on page 1
- 04The transaction was executed as a private placement under Polish law, with the entirety of the shares allocated to the single investor, Fiducie Familiale Samuel Girardin 2020.See it on page 1
- 05PCF Group S.A. intends to list the new Series D shares on the Warsaw Stock Exchange and proceed with their dematerialization in a securities depository.See it on page 1
- 06The shares were fully paid for in cash, though final costs associated with the issuance are pending and will be disclosed in a subsequent report.See it on page 2
Summary
The report announces the completion of a private subscription offering 387,714 ordinary shares of Series D by PCF Group S.A., a Warsaw‑based company. The subscription was directed solely to Fiducie Familiale Samuel Girardin 2020, a trust established in Montreal for Samuel Girardin and related parties. The transaction was authorized by the company’s Extraordinary General Meeting on 24 May 2021 and finalized with a subscription agreement dated 31 May 2021. Each Series D share carried a nominal value of PLN 0.02 and was issued at an emission price of PLN 75.75, resulting in a total subscription value of PLN 29,369,335.50.
The offering was conducted as a private placement under Polish company law (art. 431 §2(1) of the 2000 Companies Act), with no public solicitation or multiple tranches. Consequently, there were no subscription records, no allocation reductions, and the sole investor received all shares. The shares were paid for in cash; no sub‑emission arrangements or additional costs were disclosed at the time of reporting. Detailed cost breakdowns and average per‑share expenses are pending final invoicing and will be disclosed in a separate subsequent report. The transaction represents a capital increase for PCF Group, with the Series D shares intended to be listed on the Warsaw Stock Exchange and dematerialised in a securities depository, pending regulatory approval.
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