Current Report No. 3/2025: Disclosure of Delayed Inside Information Regarding PCF Group S.A. Negotiations with Sony Interactive Entertainment LLC

PCF Group S.A. has officially disclosed the commencement of negotiations with Sony Interactive Entertainment LLC regarding a Prototype Development Agreement for a new video game project, codenamed Project Delta. This disclosure follows the formal execution of the agreement on March 13, 2025. The partnership is structured under a work-for-hire model, wherein the developer will produce a prototype based on intellectual property owned by the publisher in exchange for milestone-based compensation.

The company initially delayed the public announcement of these negotiations on February 6, 2025, citing regulatory provisions under the Market Abuse Regulation. Management determined that immediate disclosure at that time posed a risk to the company’s legitimate interests, specifically regarding potential interference from competitors during the negotiation phase. Furthermore, the uncertainty surrounding the final outcome of the talks necessitated a delay to prevent market misinformation and potential volatility in the company’s valuation.

This strategic move aligns with the company’s broader corporate strategy, updated in early 2023, which prioritizes securing work-for-hire collaborations with reputable industry partners. While the agreement follows standard industry practices for prototype development, the company emphasizes that the initiation of these negotiations did not guarantee a successful final contract at the time of the initial decision. The company maintained strict confidentiality protocols throughout the delay period, including the active monitoring of insider lists to ensure regulatory compliance. Future updates regarding the finalization of the project will be provided in subsequent disclosures.