Legal

PCF Group Current Report No. 39/2023: Series G Share Price and Volume Determined

10 August 20235 pages2,634 words

Summary

PCF Group S.A., the parent company of game development studio People Can Fly, announced the final terms for its Series G share issuance following the completion of a book-building process on August 10, 2023. This issuance is part of a broader capital increase strategy previously authorized by the company’s Extraordinary General Meeting. The primary purpose of the announcement is to disclose the specific volume and pricing of the new shares to be offered to investors. The company determined that it will offer a total of 2,510,904 Series G ordinary bearer shares. A significant portion of this issuance, totaling 251,091 shares, is specifically designated for Krafton, Inc., in accordance with a prior investment agreement and subsequent addendum established in June 2023. The issue price for all participating investors, including Krafton, has been set at PLN 40.20 per share. The scope of this issuance is restricted to qualified institutional investors and professional clients, primarily within the European Economic Area and the United Kingdom. Strict geographic exclusions apply, with the offer explicitly not extended to the United States, Australia, Canada, Japan, or South Africa. The issuance is conducted under exemptions provided by the EU Prospectus Regulation, meaning no formal prospectus was required for the offering. The methodology for determining these figures relied on a private subscription process and a book-building exercise managed by the company’s board. The announcement maintains a strictly neutral and regulatory tone, emphasizing that the information is provided for compliance with market abuse regulations and does not constitute a public offering or investment recommendation. All forward-looking statements regarding the company's future performance are characterized as subject to significant market risks and uncertainties.

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