ReportPCF Group
Current Report No. 6/2024: Summary of Series G Share Subscription Costs
2 pages~2 min full read
PCF Group S.A. finalized the issuance of 2,510,904 Series G ordinary bearer shares through a public offering that did not require a formal prospectus.
See it on page 1The total cost of the Series G share issuance was 2,731,908.25 PLN, resulting in an average cost of approximately 1.09 PLN per share.
See it on page 2Transaction advisory services were the largest expenditure, accounting for 2,523,458.00 PLN of the total issuance costs.
See it on page 2Legal expenses for the offering totaled 150,981.51 PLN, while administrative costs for registration and market admission amounted to 26,628.74 PLN.
See it on page 1Promotional activities for the Series G offering cost 30,840.00 PLN, and no expenses were incurred for sub-underwriters.
See it on page 2The company settled the total issuance costs by reducing its reserve capital, specifically by offsetting the surplus of the issue price over the nominal value of the new shares.
See it on page 2PCF Group S.A. has finalized the accounting for the issuance of 2,510,904 Series G ordinary bearer shares, providing a comprehensive breakdown of the associated subscription costs. This disclosure serves to inform stakeholders of the total financial expenditure incurred during the capital-raising process, which was conducted as a public offering that did not require the preparation of a formal prospectus.
The total cost of the Series G share issuance amounted to 2,731,908.25 PLN. The primary expenditure category involved the preparation and execution of the offer, totaling 2,701,068.25 PLN. Within this segment, transaction advisory services represented the largest portion at 2,523,458.00 PLN, followed by legal expenses of 150,981.51 PLN and administrative costs related to registration and market admission of 26,628.74 PLN. Additionally, promotional activities for the offering accounted for 30,840.00 PLN. No costs were incurred for sub-underwriters, as no such agreements were established for this issuance.
On a per-unit basis, the average cost for the subscription of each Series G share was approximately 1.09 PLN. In accordance with standard accounting practices, the total issuance costs were settled by reducing the company’s reserve capital, specifically by offsetting the surplus of the issue price over the nominal value of the newly issued shares. This financial summary reflects the final reconciliation of all expenses directly attributable to the Series G capital increase conducted by the Warsaw-based entity.
