LegalPCF Group
PCF Group Current Report No. 43/2023: Registration of Share Capital Increase
28 Aug 20232 pages~2 min full read
PCF Group S.A. successfully registered an increase in share capital on August 28, 2023, following an Extraordinary General Meeting resolution from August 7, 2023.
The company issued 2,510,904 new Series G ordinary bearer shares, each with a nominal value of 0.02 PLN.
The total share capital of PCF Group increased from 668,587.34 PLN to 718,805.42 PLN as a result of the issuance.
The total number of voting rights in the company has reached 35,940,271 following the capital expansion.
Existing shareholders were deprived of pre-emptive rights regarding the Series G shares to facilitate the capital increase.
The newly issued Series G shares have been dematerialized and admitted to trading on the Warsaw Stock Exchange.
The company's share structure now consists of seven series of ordinary bearer shares (A through G), with the 27,500,000-share Series A remaining the largest component.
PCF Group S.A., the parent company of the game development studio People Can Fly, successfully registered an increase in its share capital and corresponding amendments to its articles of association on August 28, 2023. This corporate action follows a resolution passed during the Extraordinary General Meeting on August 7, 2023. The District Court for the Capital City of Warsaw formalized the changes, which primarily involve the issuance of new Series G ordinary bearer shares.
The capital increase involved the issuance of 2,510,904 Series G shares, each with a nominal value of 0.02 PLN. This issuance raised the company’s total share capital from 668,587.34 PLN to 718,805.42 PLN. As a result of this change, the total number of votes resulting from all issued shares in the company now stands at 35,940,271. The existing shareholders were entirely deprived of pre-emptive rights regarding the Series G shares to facilitate this specific capital expansion.
The scope of this registration also encompasses the dematerialization of the Series G shares and the rights to these shares, alongside their admission to trading on the regulated market of the Warsaw Stock Exchange. The company’s total share structure now comprises six distinct series of ordinary bearer shares, ranging from Series A to Series G, with Series A remaining the largest component at 27,500,000 shares. This administrative milestone ensures that the company’s legal statutes are fully aligned with its expanded equity base and current market positioning.
