LegalPCF Group
PCF Group Current Report No. 33/2023: Conditional Registration of Series F Shares
12 Jul 20231 pages~1 min full read
PCF Group S.A. has secured conditional registration for 3,479,141 new shares, consisting of 136,104 Series E and 3,343,037 Series F ordinary bearer shares.
Each of the newly registered shares carries a nominal value of 0.02 PLN.
The registration of these shares under ISIN code PLPCFGR00010 is a prerequisite for their formal introduction to trading on the Warsaw Stock Exchange.
The new shares will be fully fungible with the company's existing equity once the trading conditions are met and confirmed by the National Depository for Securities (KDPW).
This capital expansion initiative is designed to increase market liquidity and facilitate broader shareholder participation for the Warsaw-based AAA game developer.
The administrative process is currently awaiting a final operational communique from the KDPW to confirm the completion of the trading requirements.
PCF Group S.A., the Warsaw-based parent company of the People Can Fly development studio, has secured the conditional registration of a significant volume of new shares within the National Depository for Securities (KDPW). This regulatory milestone, announced in July 2023, involves the registration of 136,104 Series E ordinary bearer shares and 3,343,037 Series F ordinary bearer shares. Each share carries a nominal value of 0.02 PLN. This action serves as a critical administrative step in the company’s capital expansion and its ongoing integration into the public equity markets.
The registration is executed under the ISIN code PLPCFGR00010, ensuring these new securities are fungible with the company’s existing shares already trading on the regulated market. However, the registration remains conditional upon the formal introduction of these specific Series E and Series F shares to trading on the Warsaw Stock Exchange. This process aligns with standard Polish financial regulations regarding the periodic and current reporting requirements for public issuers.
By facilitating the entry of over 3.4 million new shares into the depository system, the company is finalizing the technical requirements necessary for increased liquidity and broader shareholder participation. The scope of this action is centered on the Polish capital market and reflects the corporate governance and financial structuring of a major player in the international AAA game development segment. The finalization of this process will be confirmed through a subsequent operational communique from the KDPW once the trading conditions are fully met.
