LegalPCF Group
Current Report No. 46/2025: Fulfillment of the Condition Precedent in the Agreement with Square Enix Limited
17 Dec 20251 pages~1 min full read
PCF Group S.A. and Square Enix Limited have officially terminated their production-publishing contracts for the 'Gemini' (dated August 12, 2020) and 'Madness' (dated February 16, 2016) projects.
The condition precedent for the November 19, 2025 agreement was satisfied following PCF Group's delivery and Square Enix's confirmation of the 'Gemini' project development assets (the 'Closing Kit').
Both companies have mutually waived all further claims arising from their prior collaboration on the Gemini and Madness projects.
PCF Group and Square Enix are now proceeding with final financial settlements for the Gemini project according to a pre-agreed schedule.
The dissolution of these agreements and the settlement process are legally finalized as of the 2025 reporting period under the terms of the November 19, 2025, agreement.
The filing announces that the conditional clause attached to the November 19 2025 agreement between PCF Group S.A., headquartered in Warsaw, and Square Enix Limited, based in London, has been satisfied. PCF’s capital group delivered the “Closing Kit” – the development assets for the Gemini project – within the stipulated deadline, and Square Enix confirmed the kit’s contents on the same day, triggering the contractual consequences outlined in the agreement.
As a result, both parties are now bound to complete the final financial settlements for Gemini according to the pre‑agreed schedule. The production‑publishing contract for Gemini dated August 12 2020 has been mutually terminated, and the earlier production‑publishing contract for the Madness project dated February 16 2016 has also been dissolved by agreement. Additionally, Square Enix and PCF Group have mutually waived any further claims arising from their prior collaboration.
The announcement references earlier interim reports (numbers 14/2025 and 44/2025) and cites Article 17(1) of the MAR Regulation as the legal basis. The scope is limited to the two corporate entities involved, covering contractual obligations and settlements for two specific game development projects, with all actions occurring within the European Union and United Kingdom jurisdictions during the 2025 reporting period.
