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The report announces that PCF Group S.A., headquartered in Warsaw, entered into a non‑binding Letter of Intent on 17 June 2023 with a prominent U.S. entertainment company to develop a virtual‑reality action/combat video game under the code name “Dolphin.” The intent is to negotiate a production agreement with a publisher or its affiliate, under which PCF will act as a work‑for‑hire developer. The publisher’s total budget for the project is estimated between 16 million and 24 million USD, with intellectual property rights ultimately belonging to the publisher within contractual limits. Development is projected to conclude in 2025, with release planned for current and future leading VR hardware platforms. The report clarifies that signing the Letter of Intent does not guarantee a final production contract, and further details will be disclosed in a separate public update. The scope covers the U.S. entertainment partner and global VR platforms, focusing on action/combat gameplay. No survey or statistical methodology is cited; the information derives from corporate governance announcements and contractual estimates.
The report announces the completion of a private subscription offering for 3,343,037 ordinary Series F shares of PCF Group S.A., each with a nominal value of 0.02 PLN, issued at an emission price of 40.20 PLN per share. The subscription period ran from 29 May to 1 June 2023, with contracts finalized on 6 June and full payment received by 9 June. Two investors participated, acquiring the entire offering; no tranches or secondary allocations were involved. The total value of the issuance amounted to 134,390,087.40 PLN. Costs associated with the offering are pending finalization; a separate report will disclose detailed expense breakdowns and per‑share cost once all invoices are received. The document clarifies that the shares were offered exclusively within Poland, with no prospectus required under EU Prospectus Regulation, and that the offering is restricted to qualified investors in the European Economic Area, the United Kingdom, and certain U.S. institutional investors under Rule 144A. Legal notices emphasize that the report is informational only, not an offer or recommendation, and that distribution outside specified jurisdictions is prohibited. The report also contains forward‑looking statements subject to risks, uncertainties, and regulatory constraints, underscoring that investors should conduct independent due diligence before participating.
The report announces a change in the ownership structure of PCF Group S.A., a Warsaw‑based public company, following an update from the parties involved in the agreement referenced under Article 87(1)(5) of the 2005 Public Offering Act. On 28 June 2023, the company received a notification from these parties indicating an alteration in their shareholding and voting rights within PCF Group S.A. The notice, submitted pursuant to Article 69 of the same legislation, is attached as an annex to this current report. The purpose of the disclosure is to inform shareholders and market participants that the composition of the company’s capital base and its total voting power have been modified, thereby potentially impacting corporate governance dynamics. The report covers the entire Polish market and pertains specifically to PCF Group S.A., a public‑listed entity. No additional data, statistics, or methodological details are provided beyond the formal notification of the change in shareholding. The update is concise, focusing solely on the legal requirement to disclose alterations in capital structure and voting rights as mandated by Polish securities regulation.
The report announces that on 12 July 2023 the National Securities Depository (KDPW) conditionally registered 136,104 ordinary bearer shares of Series E and 3,343,037 ordinary bearer shares of Series F for PCF Group S.A., a Warsaw‑based company. Each share carries a nominal value of 0.02 PLN and shares are identified by ISIN PLPCFGR00010. The registration is contingent upon the shares’ introduction into trading on a regulated market where other PCF Group shares with the same ISIN are listed. The information is provided under § 17(1)(1) of the Minister of Finance Regulation dated 29 March 2018 concerning ongoing and periodic disclosures by securities issuers. The report is dated 12 July 2023 and states that KDPW will issue an operational notice to communicate the registration. The scope is limited to PCF Group’s Series E and F ordinary shares, covering the Polish market and regulated trading venues. No survey or statistical methodology is involved; the document simply reports a regulatory action taken by KDPW.
NINIEJSZY DOKUMENT NIE JEST PRZEZNACZONY DO DYSTRYBUCJI, BEZPOŚREDNIO CZY POŚREDNIO, NA TERYTORIUM ALBO DO STANÓW ZJEDNOCZONYCH AMERYKI, AUSTRALII, KANADY LUB JAPONII ANI INNYCH KRAJÓW, GDZIE PUBLIKACJA, OGŁOSZENIE, DYSTRYBUCJA LUB PRZESŁANIE BYŁOBY NIEZGODNE Z PRAWEM.
The report announces the approval and listing of PCF Group S.A.’s bearer shares on the Warsaw Stock Exchange. On 17 July 2023, the Board of GPW adopted resolution 745/2023 permitting 136,104 Series E shares and 3,343,037 Series F shares—each with a nominal value of PLN 0.02—to be traded on the Main Market. The shares will enter circulation from 19 July 2023, contingent upon registration by the National Securities Depository on that date and assignment of the ticker PLPCFGR00010. The announcement is grounded in Article 17(1)(2) and (4) of the 29 March 2018 Ministerial Regulation on ongoing and periodic information from issuers, ensuring compliance with disclosure requirements for non‑EU jurisdictions. The scope is limited to the Warsaw Stock Exchange’s primary market, covering only the two bearer share series of PCF Group. No survey or statistical methodology is presented; the document serves as a regulatory notification rather than an analytical study. The information confirms immediate effect of the GPW resolution and outlines procedural steps for depository registration, thereby enabling market participants to trade the newly listed shares.
The document announces that PCF Group S.A., headquartered in Warsaw, entered into a placement agreement on 9 August 2023 with Trigon Dom Maklerski S.A. and WOOD & Company Financial Services, a Polish branch of a Czech firm, to conduct a private subscription offering of up to 2 510 904 new ordinary shares (Series G). The offer is governed by the company’s extraordinary shareholders’ meeting resolution dated 7 August 2023 and a board resolution of the same day, which set subscription terms, pricing, and the process for building an order book. The new shares will be offered exclusively to qualified investors—either EU‑qualified or those holding at least €100 000 in securities, including existing shareholders with a minimum 0.25 % voting stake—under Regulation S or similar exemptions, and will be sold only outside the United States. The company intends to seek listing of the new shares on the Warsaw Stock Exchange under a prospectus exemption that allows up to 20 % of the company’s shares to be listed within a year, provided regulatory conditions are met. The placement agreement includes standard clauses on manager duties, indemnification, and termination rights, and the company has also signed a lock‑up agreement with key shareholder Sebastian Wojciechowski and Trigon DM. The report clarifies that no prospectus is required, the offering is not a public sale in the U.S., and distribution of the report is restricted to qualified investors within the EU, UK, and other jurisdictions where such disclosure is permitted.
The report announces that PCF Group S.A., acting under its 4/08/2023 Emission Resolution, has finalized the subscription book for Series G ordinary shares. A total of 2 510 904 Series G shares will be offered, including a specific allocation of 251 091 shares to Krafton, Inc. under an additional agreement referenced in a prior report. The emission price is set uniformly at 40.20 PLN per share for all investors, including Krafton.
The disclosure is limited to informational purposes only and does not constitute an offer or promotion of the shares. It applies exclusively within the European Economic Area, the United Kingdom, and other jurisdictions where such distribution is permitted. The shares are not registered under U.S. securities law, nor are they offered in the United States, Australia, Canada, Japan, or South Africa. The document clarifies that no prospectus is required under the EU Prospectus Regulation and that the offering will be conducted through offshore transactions compliant with Regulation S or other exemptions.
The report includes standard legal and risk disclosures, noting that future‑looking statements are subject to uncertainty and that the company does not provide investment advice. It also disclaims liability for managers or related parties, emphasizing that the information is not to be used as a basis for investment decisions outside qualified investor categories.
The report discloses that PCF Group S.A., a Warsaw‑based issuer, entered into subscription agreements with investors for 2 510 904 ordinary shares of Series G. Full cash consideration was paid, and the agreements were executed in accordance with Article 17(1) of Regulation (EU) No 596/2014 on market abuse. The disclosure is strictly informational and does not constitute an offer, solicitation or promotional material for the new shares. It applies only to qualified investors within EU member states and the United Kingdom, excluding persons in the United States, Australia, Canada, Japan, South Africa or other jurisdictions where such distribution would violate securities law. The shares are not registered under U.S. securities legislation and cannot be offered or sold in those territories except under specific exemptions such as Regulation S or Rule 144A. The issuer and its managers expressly disavow any liability for the content of the report, and no prospectus is required under the Prospectus Regulation. The document contains forward‑looking statements subject to risks and uncertainties, and it cautions that past performance does not guarantee future results. No investment recommendation is made; investors are urged to conduct independent due diligence before considering participation in the Series G subscription.
The report announces that on 21 August 2023, PCF Group S.A. entered into an agreement with OÜ Blite Fund, a limited liability company based in Tallinn, Estonia. Under the settlement, PCF Group S.A. committed to pay Blite Fund 2 050 000,00 złoty as an additional payment for the purchase price of 7 143 900 shares of Incuvo S.A., a company headquartered in Katowice. These shares were originally acquired by PCF Group S.A. through a share sale agreement dated 13 December 2021 between the two parties.
The additional payment represents a full settlement of all mutual claims arising from or related to the share sale agreement. The amount will be recorded in PCF Group S.A.’s income statement for the second quarter of 2023. The settlement is made pursuant to Article 17(1) of the MAR regulation, and it follows a prior interim report dated 13 December 2021. The document provides no further methodological details, as it is a straightforward disclosure of the contractual resolution and its financial impact on the company’s quarterly results.
The report details the completion of a private subscription offering of 2,510,904 ordinary shares of PCF Group S.A. (Series G) with a nominal value of 0.02 zł each, issued at an emission price of 40.20 zł per share. The subscription period ran from 9 to 10 August 2023, with contracts finalized on 18 August 2023 and full payment received the same day. Forty investors participated, each acquiring shares at the stated price; no tranches or allocation reductions applied. The total value of the offering amounted to 100,938,340.80 zł. No sub‑subscription agreements were involved, and the shares were paid for in cash.
The document clarifies that it is purely informational, not an offer or advertisement, and is restricted from distribution in the United States, Australia, Canada, Japan, South Africa, or other jurisdictions where it would violate securities law. It is intended solely for qualified investors within the European Economic Area and the United Kingdom, in line with Regulation (EU) 2017/1129. The report disclaims any liability for managers or related parties and states that future cost details will be disclosed in a separate report once invoices are finalized.
Key data points include the number of shares issued, subscription dates, price per share, total offering value, and investor count. The scope is limited to the Polish market with no public offering outside Europe, and the methodology follows standard private subscription procedures under Polish corporate law.
The current report No. 47/2023 from PCF Group S.A. announces a change in the ownership structure of the company, specifically regarding the share capital and total voting rights held by parties to a settlement agreement. The notification was received on 1 September 2023 and is submitted pursuant to Article 69 of the Polish Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading and Public Companies (dated 29 July 2005). The report confirms that the management board has incorporated this notification as an appendix to the current filing. No further details regarding the magnitude of the change, the parties involved, or the impact on corporate governance are disclosed within the brief report. The document serves to inform shareholders and regulatory authorities of the updated ownership stakes in accordance with statutory disclosure requirements. The scope is limited to PCF Group S.A., a Warsaw‑based public company, and pertains solely to the date of 1 September 2023. No methodology or data sources beyond the legal notification are referenced, as the report functions primarily as a compliance announcement rather than an analytical study.
The report informs shareholders that on 1 September 2023, PCF Group S.A. received a formal notification from Sebastian Wojciechowski concerning a change in his ownership stake and voting power within the company. The notification is filed under Article 69 of the Polish Act on Public Offering and related regulations, and it serves as an official amendment to the company’s share capital structure. The management board has incorporated this notification into the current report, which is filed in compliance with Article 70(1) of the same Act. The document does not disclose the specific magnitude of the change, but it confirms that Wojciechowski’s shareholding and corresponding voting rights have been altered as of the stated date. The report is concise, limited to a single page in each language version, and includes the notification as an appendix. No additional data, statistics, or broader industry context are provided; the scope is strictly limited to the internal corporate governance of PCF Group S.A. in Warsaw, Poland, and pertains solely to the period up to 1 September 2023. The methodology is a standard regulatory filing, with no survey or external data sources referenced.
The report announces that on 7 September 2023 the National Securities Depository (KDPW) conditionally registered 2,510,904 bearer common shares of PCF Group S.A. (ISIN PLPCFGR00010), each with a nominal value of 0.02 PLN, under the condition that they are introduced into trading on a regulated market where other PCF Group shares with the same ISIN have been listed. The registration is governed by § 17(1)(1) of the Minister of Finance Regulation dated 29 March 2018 concerning current and periodic information provided by issuers. The conditional nature of the registration implies that the shares will only become fully registered and tradable once they are listed on a regulated market. The information was communicated by the company’s board and will be disseminated through KDPW’s operational notice. The scope is limited to the Polish market, specifically the Warsaw Stock Exchange or other regulated venues where PCF Group shares are listed. No additional data, methodology, or statistical analysis is provided beyond the registration details and legal basis.
The report announces that on 7 September 2023 the Warsaw Stock Exchange (GPW) adopted resolution 940/2023, approving the admission and listing of 2 510 904 bearer ordinary shares of PCF Group S.A. (Series G) on the Main Market. Each share carries a nominal value of 0,02 PLN. The GPW’s decision takes effect immediately, and the shares will enter trading on 12 September 2023 once the National Securities Depository registers them and assigns the ticker code PLPCFGR00010. The announcement is issued by PCF Group’s board and references the legal basis in the Polish Minister of Finance regulation on ongoing information disclosure. The scope is limited to a single company’s Series G shares, with no broader market or sector analysis provided. No survey or statistical methodology is described; the document serves purely as a regulatory compliance notification for investors and market participants.
The report details the conclusion of two renewable credit agreements between PCF Group S.A. and Bank Polska Kasa Opieki S.A., finalized on 12 October 2023. The first agreement provides a maximum loan of PLN 30,000,000 for financing on‑demand game production costs; the second offers a maximum loan of €4,426,444 for similar purposes. Both lines have a three‑year utilization period and repayment horizon, with interest calculated annually as the sum of a fixed margin and the variable WIBOR rate. Fees for loan availability and guarantees from Bank Gospodarstwa Krajowego are set at market‑typical terms.
Security for the bank’s claims comprises equal‑priority collateral, including financial pledges on all shares held by PCF Group in Incuvo S.A., pledges on the company’s bank accounts, a 150 % payment‑obligation declaration under civil procedure law, and up to 80 % guarantees from Bank Gospodarstwa Krajowego secured by blank promissory notes and related declarations. The agreements also contain standard suspension conditions for disbursement, routine information obligations post‑activation, and covenants restricting changes to the core business or additional borrowing. Breach of these covenants grants the bank rights to terminate the agreement or suspend further financing.
The scope is limited to PCF Group S.A., a Warsaw‑based entity, with the agreements covering Polish and Euro denominated credit lines for game production financing. The methodology is a contractual disclosure under Article 17(1) of the MAR regulation, with no survey or external data sources referenced.
The report, dated 19 October 2023, discloses a transaction involving a senior executive of PCF Group S.A. The disclosure is made under Article 19(3) of the MAR regulation, which requires public notification of trades by individuals holding managerial responsibilities. On 18 October 2023, the President of the Board purchased shares in PCF Group S.A., a transaction reported to regulators and incorporated into this current report. The notification, which serves as an attachment, confirms the acquisition and provides details such as the date of purchase and the identity of the executive. The scope is limited to a single transaction within the Polish market, reflecting compliance with EU MiFID II transparency obligations. No additional data on trade volume, price, or subsequent holdings are provided in the brief statement. The methodology follows regulatory reporting standards: the company forwards the notification received from the relevant authority to the public, ensuring timely disclosure. The report serves primarily as a compliance document rather than an analytical study, confirming that the executive’s trade aligns with statutory disclosure requirements.
The notice announces a revised deadline for the publication of PCF Group S.A.’s consolidated quarterly report covering the third quarter of 2023. The change follows an earlier current report issued on January 19, 2023, which had set the release date for November 27, 2023. Under Polish financial regulation § 80(2) of the Minister of Finance’s 2018 decree on ongoing and periodic information from securities issuers, the board confirms that the new publication date will be November 29, 2023. This adjustment is communicated to stakeholders and regulatory bodies to ensure compliance with disclosure requirements. The update applies solely to the group’s Q3 2023 consolidated report and does not affect other reporting obligations or financial statements. The announcement is concise, providing the legal basis for the change and the specific new date, thereby maintaining transparency in the company’s reporting schedule.
PCF Group S.A. has established its formal schedule for the disclosure of periodic financial reports throughout the 2024 fiscal year. This disclosure ensures regulatory compliance with the Polish Ministry of Finance requirements regarding the transparency of publicly traded entities. The schedule provides stakeholders with specific dates for the release of annual, semi-annual, and quarterly financial statements, facilitating informed investment decisions and market oversight.
The company will release its standalone and consolidated annual reports for 2023 on April 25, 2024. Regarding the 2024 fiscal year, the consolidated quarterly report for the first quarter is slated for May 27, 2024, followed by the consolidated semi-annual report on September 26, 2024, and the consolidated third-quarter report on November 26, 2024. These filings are limited to consolidated data, as the company has formally opted out of publishing standalone quarterly and semi-annual reports.
In accordance with applicable financial regulations, the company will not issue separate reports for the fourth quarter of 2023, nor will it publish consolidated quarterly reports for the second and fourth quarters of 2024. By consolidating its financial reporting, the company streamlines its disclosure process while maintaining adherence to the reporting standards mandated for issuers of securities. This schedule covers the entirety of the 2024 calendar year and applies to the company’s operations within the Polish capital market.
PCF Group S.A. has officially announced a strategic decision to limit the scope of Project Dagger, an internal title developed under a self-publishing model. This shift follows the completion of a key development milestone and a subsequent external evaluation of the game’s creative concept. The decision was further informed by strategic discussions regarding the company’s broader portfolio, including ongoing collaborations with Square Enix Limited on Project Gemini.
The primary consequence of this decision is the suspension of plans to release Project Dagger as a AAA title within the 2025–2026 timeframe. To facilitate a pivot in development, a core team of approximately 10 experienced personnel has been tasked with redefining the game’s direction and preparing a new preproduction version that incorporates feedback from the external evaluation. This restructuring allows the company to reallocate the majority of the original development team to other active internal initiatives, specifically the Maverick, Bifrost, and Victoria projects.
This adjustment serves as a correction to previous administrative errors regarding project nomenclature, clarifying that the strategic changes apply specifically to Project Dagger rather than Project Gemini. By narrowing the scope of Project Dagger, the company aims to optimize its resource allocation and align its development pipeline with the updated corporate strategy established in early 2023. The move reflects a broader effort to manage internal development risks while maintaining focus on the company’s remaining high-priority projects.