On January 31, 2023, PCF Group S.A. formally adopted an updated development strategy for the People Can Fly Group, revising frameworks established in 2020 and 2021.
See it on page 1The strategic update focuses on a transition in the group's long-term planning and capital management to support future growth.
See it on page 1The company is preparing for a potential new share issuance to provide the necessary capital for its updated strategic objectives.
See it on page 5The announcement is strictly directed toward qualified institutional investors and does not constitute a public offering or a formal prospectus.
See it on page 3Distribution of the strategic update is legally restricted in the United States, Australia, Canada, South Africa, and Japan.
See it on page 1Management acknowledges that the outlined strategic goals are subject to inherent industry risks and market uncertainties that may cause actual results to deviate from projections.
See it on page 5PCF Group S.A. issued this regulatory announcement on January 31, 2023, to formally adopt an updated development strategy for the company and the broader People Can Fly Group. This update serves as a revision to the strategic framework originally established during the company’s 2020 initial public offering and a subsequent update released in September 2021. The primary purpose of the announcement is to fulfill disclosure requirements under European Union Market Abuse Regulations and Polish financial oversight laws.
The scope of the update covers the global operations of People Can Fly, a major international game development group. While the specific operational details of the new strategy are contained in an attached document rather than the report text itself, the announcement emphasizes a transition in the group's long-term planning and capital management. A significant portion of the disclosure is dedicated to the legal and financial parameters of a potential new share issuance intended to support these strategic goals.
The document outlines strict jurisdictional restrictions, noting that the information is not intended for distribution in the United States, Australia, Canada, South Africa, or Japan. It clarifies that the update does not constitute a public offering or a prospectus but is directed toward qualified institutional investors. The tone is strictly professional and cautionary, featuring extensive legal disclaimers regarding forward-looking statements. These statements reflect the management board's current expectations and beliefs concerning future growth, while acknowledging inherent industry risks and market uncertainties that could cause actual results to differ from projected strategic outcomes.
