Related Documents
Legal
Raport Bieżący Nr 6/2020
PCF Group S.A. successfully concluded its public offering in December 2020, marking a significant step toward its listing on the Warsaw Stock Exchange. The offering comprised two equal parts: the subscription of 2,062,512 newly issued Series B shares and the sale of 2,062,512 existing Series A shares by twenty-five current shareholders. This dual structure allowed the company to raise fresh capital while providing liquidity for existing investors. The offering attracted massive interest, particularly from individual investors. In the retail tranche, demand reached over 40.8 million shares against an allocation of only 618,750, resulting in a high reduction rate of 98.486%. Institutional investors subscribed to the remaining new shares and all the sale shares, while a dedicated employee tranche was fully satisfied without reduction. Pricing varied by segment: individual investors paid 46.00 PLN per share, employees received a discounted rate of 41.40 PLN, and institutional investors paid 50.00 PLN. The total value of the new share issuance reached approximately 100.3 million PLN, while the sale of existing shares totaled 103.1 million PLN. Approximately 18,000 individual investors participated in the process alongside 59 employees and nearly 300 institutional entities. All shares were acquired through cash contributions. While the subscription and allocation phases are complete, final costs related to the prospectus, advisory, and promotion will be detailed in a subsequent report once all invoices are processed. This offering underscores strong market confidence in the Polish game development sector during the late 2020 period.
PCF GroupDec 2020
Legal
Raport Bieżący Nr 20/2021: Zakończenie Subskrypcji Akcji Serii B oraz Sprzedaży Części Akcji Serii A w Ofercie Publicznej
PCF Group S.A., the Warsaw-based parent company of the People Can Fly game development studio, finalized the financial accounting for its Series B share subscription and public offering in May 2021. This regulatory disclosure serves as a formal supplement to previous reporting from late 2020, detailing the specific expenditures incurred during the capital increase process. The scope of the data covers the full duration of the offering, with costs allocated across the 2020 and 2021 fiscal years. The total cost associated with the issuance of Series B ordinary bearer shares amounted to 6.327 million PLN. The largest portion of this expenditure, totaling 4.180 million PLN, was dedicated to the preparation and execution of the offer. Additional significant costs included 2.071 million PLN for the preparation of the prospectus and related advisory services, while promotional activities accounted for 76 thousand PLN. No costs were attributed to underwriters, as the company did not enter into any underwriting agreements for this series. On a per-unit basis, the average cost of conducting the subscription or sale was 1.53 PLN per share. The accounting methodology distributed these costs between the company’s supplementary capital and operating expenses. In 2020, 2.235 million PLN was recorded, with 1.067 million PLN reducing supplementary capital from the share premium and 1.168 million PLN recognized as operating costs. In 2021, the remaining 4.092 million PLN was accounted for, with 2.052 million PLN reducing supplementary capital and 2.040 million PLN categorized as operating expenses. This financial structuring followed the formal court registration of the Series B shares in January 2021, marking the completion of the capital raise cycle for the developer.
PCF GroupMay 2021
Legal
Completion Report for Share Subscription Series E — 11 bit studios S.A.
This corporate report details the successful completion of a private subscription for Series E common bearer shares by 11 bit studios S.A. following a resolution passed by the General Shareholders' Meeting on June 22, 2012. The primary objective of the issuance was to increase the company's share capital through a private placement directed at specific investors, while simultaneously waiving the pre-emptive rights of existing shareholders. The subscription period commenced on June 22, 2012, and concluded on July 27, 2012. During this timeframe, the company entered into six share subscription agreements between July 25 and July 26. While the initial offering allowed for a maximum of 400,000 shares, the final results show that 305,500 shares were actually subscribed. Each share, with a nominal value of 0.10 PLN, was issued at a price of 9.00 PLN, resulting in total gross proceeds of 2,749,500 PLN for the company. The issuance was conducted without the involvement of underwriters and did not require a reduction in subscriptions. Total costs associated with the offering amounted to 42,386 PLN, which included 20,000 PLN for preparation and execution, 20,500 PLN for advisory and documentation services, and 1,886 PLN for notary and stamp duties. These costs are accounted for as deferred expenses and will be settled against the company's capital in accordance with Polish accounting laws. The report was prepared in compliance with the regulations of the Alternative Trading System, where the company's securities are listed.
11 bit studiosMay 2015
Legal
Raport Bieżący Nr 23/2016: Podsumowanie Kosztów Oferty Publicznej Akcji Spółki - Uzupełnienie Raportu Bieżącego Nr 10/2016
PlayWay S.A. finalized the accounting of costs associated with its public offering involving Series B, H, and I shares as of December 2016. This financial disclosure serves as a formal supplement to previous regulatory filings, detailing the specific expenditures incurred during the transition to a publicly traded entity on the Polish capital market. The figures represent the total financial burden of the issuance process, categorized by functional areas of expenditure. The total cost of the public offering reached 1,698,007.56 PLN. The largest single expense category was the preparation of the prospectus and related advisory services, which totaled 918,256.91 PLN. General costs for preparing and conducting the offer amounted to 671,097.18 PLN, while promotional activities accounted for 108,653.47 PLN. Notably, the company reported no costs related to underwriter remuneration. Based on the volume of the Series I ordinary bearer shares issued, the average cost per security unit was calculated at 2.83 PLN. From an accounting perspective, the entirety of these issuance costs was allocated to reduce the company's supplementary capital rather than being recorded as a direct operational expense. This reporting follows the legal requirements established by the Polish Act on Public Offerings and the Regulation of the Minister of Finance regarding current and periodic information provided by securities issuers. The data provides a transparent view of the capital requirements for a major game developer and publisher entering the public markets in the mid-2010s.
PlayWayDec 2016