Bartosz Biełuszko has reduced his stake in PCF Group S.A. to 4.96456%, falling below the 5% regulatory disclosure threshold.
The reduction in shareholding from 5.00074% to 4.96456% occurred through a series of market transactions between March 17 and March 20, 2025.
The shareholder's total voting rights and capital stake decreased from 1,797,278 shares to 1,784,278 shares.
As a result of falling below the 5% threshold, Bartosz Biełuszko is no longer subject to the mandatory tender offer provisions under Article 69b of the Act on Public Offers.
The shareholder reported no indirect holdings, confirming that the total stake is comprised entirely of direct ownership.
The final reported position of 4.96% reflects a series of sales, including a final transaction executed after the initial filing was triggered.
The filing serves to notify the Polish Financial Supervision Authority that the shareholding of Bartosz Biełuszko in PCF Group S.A. fell below the 5 % threshold defined in Article 69 of the Act on Public Offers. The notification records a series of transactions on the regulated market in March 2025 that reduced the shareholder’s position from 1 797 278 voting shares—equating to 5.00074 % of the company’s capital and voting rights—to 1 793 278 shares (4.98961 %) after the first sale, and subsequently to 1 784 278 shares (4.96456 %) following an additional sale.
The data cover a single corporate entity listed in Poland, focusing on the period between 17 March and 20 March 2025. The shareholder’s holdings are presented both before and after each transaction, distinguishing direct ownership from any indirect stakes, though no indirect holdings are reported. The filing confirms that the total (direct and indirect) shareholding after the events does not differ from the direct holding, and that the post‑transaction position no longer triggers the mandatory tender offer provisions of Article 69b.
The primary conclusion is that Bartosz Biełuszko’s shareholding now stands at approximately 4.96 % of PCF Group’s capital and voting rights, eliminating the requirement for a public offer. The notification also explains that the discrepancy between the immediate post‑event total and the current holding results from a further sale executed after the initial filing.