LegalKrafton Inc.
Krafton Shareholder Notification Under Polish Public Offering Act (PCF Group S.A.)
28 Jun 20234 pages~8 min full read
Krafton Inc. acquired a 10.00% stake in the Polish video game company PCF Group S.A. as of June 22, 2023.
See it on page 4The acquisition involved the subscription and registration of 3,342,937 series F shares.
See it on page 2This transaction marks Krafton Inc.'s entry into the PCF Group S.A. shareholding structure, moving from zero ownership to a 10% voting interest.
See it on page 4The 3,342,937 shares held by Krafton Inc. grant the company an equivalent number of votes, representing exactly 10.00% of the total voting rights at the general meeting.
See it on page 4Krafton Inc. does not hold these shares through any subsidiaries and currently possesses no other financial instruments that would allow for the acquisition of additional voting rights in PCF Group S.A.
See it on page 2The regulatory filing was submitted on June 28, 2023, to comply with the Polish Act on Public Offering following the registration of the share capital increase.
See it on page 2This regulatory notification, dated June 28, 2023, details a significant change in the shareholding structure of PCF Group S.A., a Polish public company. The filing was submitted by Krafton Inc., a South Korean video game holding company, to the Polish Financial Supervision Authority and PCF Group S.A. in compliance with the Polish Act on Public Offering.
The primary purpose of the notification is to report that Krafton Inc. has exceeded the 10% threshold of total voting rights in PCF Group S.A. This change was triggered by Krafton’s subscription for 3,342,937 series F shares and the subsequent registration of a share capital increase by the National Court Register on June 22, 2023. Prior to this registration, Krafton Inc. held no shares in the company.
Following the transaction, Krafton Inc. holds exactly 3,342,937 shares, representing approximately 10.00% of the company’s share capital. These shares entitle the holder to an equivalent 3,342,937 votes at the general meeting of shareholders, which also constitutes approximately 10.00% of the total voting rights. The notification confirms that Krafton Inc. does not hold these shares through any subsidiaries, nor does it hold any other financial instruments that could lead to the acquisition of additional voting rights. The scope of the document is limited to this specific equity transaction within the Polish gaming and financial sectors as of June 2023.
