LegalPCF Group
Raport bieżący Nr 3/2024: Podsumowanie kosztów subskrypcji akcji serii D
23 Feb 20242 pages~2 min full read
PCF Group S.A. incurred total issuance costs of 393,476.46 PLN for the subscription of 387,714 Series D ordinary bearer shares.
See it on page 1Legal expenses represented the primary cost driver at 308,553.00 PLN, accounting for approximately 78% of the total issuance expenditure.
See it on page 1The average cost per share for the Series D issuance was approximately 1.01 PLN.
See it on page 2Transaction-advisory fees totaled 73,423.46 PLN, while costs for registration and admission to the Warsaw Stock Exchange amounted to 11,500.00 PLN.
See it on page 1The company recorded the issuance costs by reducing the reserve capital against the share-premium surplus, directly impacting the equity structure.
See it on page 2The private offering required no expenditures for sub-issuer remuneration, prospectus preparation, or promotional activities.
See it on page 2The report, dated 23 February 2024, provides a detailed accounting of the expenses incurred by PCF Group S.A. in Warsaw for the subscription of 387 714 ordinary bearer shares of Series D, each with a nominal value of 0.02 PLN. It serves to fulfill the statutory disclosure obligations under § 16 (1) of the 2018 Minister of Finance regulation concerning current and periodic information supplied by securities issuers.
Total costs allocated to the issuance amounted to 393 476.46 PLN. Legal expenses, which included fees related to the extraordinary general meeting held on 24 May 2021, comprised the largest share at 308 553.00 PLN. Transaction‑advisory fees accounted for 73 423.46 PLN, while registration of the shares with the National Depository for Securities and their admission to trading on the Warsaw Stock Exchange cost 11 500.00 PLN. No fees were incurred for sub‑issuer remuneration, prospectus preparation, or promotional activities, as the offering was conducted privately and did not require a prospectus.
The average cost per share, derived from the total expense divided by the number of shares subscribed, was approximately 1.01 PLN. Accounting treatment recorded the issuance costs by reducing the reserve capital against the share‑premium surplus, reflecting the direct impact on the company’s equity structure.
The scope of the disclosure is limited to a single Polish entity and a specific share class, covering the subscription process completed in 2021 but reported in early 2024. The figures are based on the company’s internal financial records and comply with the applicable Polish financial reporting and securities regulations.
