PCF Group S.A. reached a settlement with OÜ Blite Fund on 21 August 2023 regarding the acquisition of Incuvo S.A. shares.

According to "Raport Bieżący Nr 41/2023: Zawarcie Ugody z OÜ Blite Fund": PCF Group S.A. reached a settlement with OÜ Blite Fund on 21 August 2023 regarding the acquisition of Incuvo S.A. shares.

The agreement requires PCF Group S.A. to pay an additional 2,050,000 PLN to Blite Fund as part of the final purchase price.

According to "Raport Bieżący Nr 41/2023: Zawarcie Ugody z OÜ Blite Fund": The agreement requires PCF Group S.A. to pay an additional 2,050,000 PLN to Blite Fund as part of the final purchase price.

This payment covers 7,143,900 shares of Incuvo S.A. originally acquired under a share sale agreement dated 13 December 2021.

According to "Raport Bieżący Nr 41/2023: Zawarcie Ugody z OÜ Blite Fund": This payment covers 7,143,900 shares of Incuvo S.A. originally acquired under a share sale agreement dated 13 December 2021.

The settlement amount constitutes a full and final resolution of all mutual claims between the two parties related to the 2021 share sale agreement.

According to "Raport Bieżący Nr 41/2023: Zawarcie Ugody z OÜ Blite Fund": The settlement amount constitutes a full and final resolution of all mutual claims between the two parties related to the 2021 share sale agreement.

PCF Group S.A. will record the 2,050,000 PLN payment in its income statement for the second quarter of 2023.

According to "Raport Bieżący Nr 41/2023: Zawarcie Ugody z OÜ Blite Fund": PCF Group S.A. will record the 2,050,000 PLN payment in its income statement for the second quarter of 2023.

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Key Insights

Raport Bieżący Nr 41/2023: Zawarcie Ugody z OÜ Blite Fund

PCF Group~1 min full read

01
PCF Group S.A. reached a settlement with OÜ Blite Fund on 21 August 2023 regarding the acquisition of Incuvo S.A. shares.
02
The agreement requires PCF Group S.A. to pay an additional 2,050,000 PLN to Blite Fund as part of the final purchase price.
03
This payment covers 7,143,900 shares of Incuvo S.A. originally acquired under a share sale agreement dated 13 December 2021.
04
The settlement amount constitutes a full and final resolution of all mutual claims between the two parties related to the 2021 share sale agreement.
05
PCF Group S.A. will record the 2,050,000 PLN payment in its income statement for the second quarter of 2023.

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