Investment
Report
Current Report No. 52/2023: Credit Agreement of PCF Group S.A.
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.
PCF Group
Report
Current Report No. 49/2023: Admission and Introduction to Trading on the Regulated Market of Series G Ordinary Bearer Shares
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.
PCF Group
