Report
Financial Results Briefing: Fiscal Year Ending March 2025
Table of contents M Goldwin I. Results for the fiscal year ending March 2025 P. 3 ~ P.16 II. Full-year forecast for fiscal year ending March 2026 P.17 ~ P.22 III.
Goldwin
Report
Current Report No. 23/2025: Commencement of Book Building Process
PCF Group S.A., a Warsaw-based entity, has officially initiated a book-building process for the issuance of up to 6,670,000 Series H ordinary bearer shares. The primary objective of this capital raise is to secure approximately 20 million PLN to stabilize the company’s short-term financial liquidity and provide necessary working capital. These funds are intended to support the ongoing execution of contracts within the company’s work-for-hire business model, facilitating a predictable and orderly scaling of operations while maintaining cost discipline to restore operational profitability. The offering process is being conducted in accordance with resolutions adopted by the company’s management board on August 6, 2025, with Trigon Dom Maklerski S.A. and Trigon Investment Banking serving as the lead entities for the subscription. To support the offering, the company has established July 31, 2025, as the preference date for existing shareholders. Additionally, Sebastian Wojciechowski, the company’s President and a significant shareholder, has declared an intention to participate in the book-building process and subsequent offering, committing to acquire Series H shares for up to 5 million PLN, provided his allocation does not exceed 50% of the total shares issued in this offering. The scope of this offering is restricted to jurisdictions where such activity is legally permissible, specifically excluding the United States, Australia, Canada, Japan, and South Africa. The shares are being offered exclusively to qualified investors in compliance with relevant European Union and local regulations, and no prospectus is required for this issuance. The company remains subject to existing lock-up agreements regarding its shares, which extend through December 31, 2027, with specific provisions for future long-term incentive programs involving call options.
PCF Group
