Europe reports and market data
Documents
Current Report No. 1/2022: Transactions by Persons Discharging Managerial Responsibilities
The report discloses that on 3 January 2022 the board of PCF Group S.A. received a notification concerning a transaction executed by an individual holding managerial responsibilities, specifically the company’s President of the Board.
- On 29 December 2021, the President of the Board of PCF Group S.A. acquired shares in the company.
- PCF Group S.A. officially received notification of this insider transaction on 3 January 2022.
- The transaction disclosure was filed in compliance with Article 19(3) of the Market Abuse Regulation (MAR).
Current Report No. 2/2022: Publication Dates of Periodic Reports
PCF Group S.A. has established its formal schedule for the release of periodic financial reports throughout the 2022 fiscal year.
- The company will release its Q1 2022 interim report containing a condensed financial statement in compliance with § 62(3) of the relevant regulation.
- The release of individual and consolidated quarterly reports for Q4 2021 is officially postponed.
- Consolidated quarterly reports for Q2 and Q4 of 2022 are postponed in accordance with § 79(2) of the regulation.
Current Report No. 3/2022: Resignation of a Supervisory Board Member of PCF Group S.A.
The report announces the resignation of Dr. Aleksander Ferenc from the Supervisory Board of PCF Group S.A., effective March 3, 2022.
- Dr. Aleksander Ferenc resigned from the Supervisory Board of PCF Group S.A., effective March 3, 2022.
- Following his resignation from the board, Dr. Ferenc transitioned to an advisory role supporting the parent company, People Can Fly, specifically focusing on mergers, acquisitions, and integration activities.
- The resignation was formally processed and accepted on March 3, 2022, in accordance with Polish financial regulatory requirements.
Current Report No. 11/2022: Management Board Recommendation Regarding Profit Distribution for 2021
The recommendation issued by the Board of PCF Group S.A. on 1 June 2022 proposes a distribution of the company’s net profit for 2021, amounting to PLN 41 751 983.35.
- PCF Group S.A. reported a 2021 net profit of PLN 41,751,983.35.
- The Board recommended a dividend payout of PLN 8,086,561.02, representing approximately 19.37% of the 2021 net profit.
- Shareholders will receive a dividend of PLN 0.27 per share, with a declaration date of 8 July 2022 and a payment date of 3 August 2022.
Current Report No. 1/2023: Publication Dates of Periodic Reports
The report announces the scheduled publication dates for PCF Group S.A.’s periodic financial disclosures in 2023, as required by Polish finance regulations.
- PCF Group S.A. will release its 2022 individual and consolidated annual financial reports on April 27, 2023.
- The company is scheduled to publish its consolidated Q1 2023 report on May 29, 2023, and its consolidated Q3 2023 report on November 27, 2023.
- The consolidated half-year report for 2023 is slated for publication on September 21, 2023.
Zwiększenie zaangażowania kapitałowego PCF Group S.A. w spółkę Incuvo S.A.
The report announces that PCF Group S.A., a Warsaw-based company, has decided to increase its capital participation in its subsidiary Incuvo S.A., a Katowice-based game developer.
- PCF Group S.A. is increasing its stake in subsidiary Incuvo S.A. from 50.01% to approximately 62.25% of total capital and voting rights.
- The transaction involves PCF Group issuing 136,104 new Series E shares, valued at PLN 6,278,477.52, to Incuvo CEO Andrzej Wychowańcy and Vice-Chairman Radomir Kucharski.
- In exchange for the new PCF shares, the two executives are transferring a combined 1,748,878 shares of Incuvo to PCF Group, representing roughly 12.24% of Incuvo's capital.
Aktualizacja strategii PCF Group S.A. oraz Grupy People Can Fly
The update presents the revised growth strategy for PCF Group S.A. and its People Can Fly holding group, adopted by the board on 31 January 2023.
- On 31 January 2023, the board of PCF Group S.A. and People Can Fly adopted a revised growth strategy to update the previous objectives established in September 2021.
- The updated strategy prioritizes expanding market presence, enhancing product development pipelines, and improving financial performance through cost optimization and capital allocation.
- The group has integrated sustainability initiatives, digital transformation, and talent development programs as core operational priorities across its portfolio.
Current Report No. 6/2023: Issuance of Shares as Part of Target Capital Increase
The report announces that on 10 February 2023 the board of PCF Group S.A., headquartered in Warsaw, approved a capital-increase resolution.
- PCF Group S.A. approved a capital increase on 10 February 2023 through the issuance of new Series E ordinary bearer shares.
- The capital injection is strategically intended to increase PCF Group’s equity stake in its Katowice-based subsidiary, Incuvo S.A.
- Existing shareholders have been denied pre-emptive rights to purchase the newly issued Series E shares.
Current Report No. 14/2023: Initiation of Negotiations for a Development and Publishing Agreement
The report announces that PCF Group S.A., a Warsaw-based developer, has decided to enter negotiations for a Development and Publishing Agreement with a well-known publisher.
- PCF Group S.A. has entered formal negotiations for a development and publishing agreement with a prominent industry publisher following a proposal received on 19 May 2023.
- The proposed partnership follows a work-for-hire model, where PCF Group will develop a video game for the publisher in exchange for agreed remuneration.
- This initiative aligns with the company's strategic update from 31 January 2023, which prioritizes securing work-for-hire collaborations with reputable partners.
Raport bieżący nr 17/2023Rozpoczęcie procesu budowania księgi popytu w ramach oferty w trybie subskrypcji prywatnej emitowanych przez PCF Group S.A. nowych akcji zwykłych na okaziciela Serii F oraz zawarcie umowy na potrzeby przeprowadzenia oferty oraz umowy o ograniczeniu zbywania akcji Spółki
The document announces the initiation of a private subscription process for up to 5,853,941 Series F ordinary shares issued by PCF Group S.A.
- PCF Group S.A. has initiated a private subscription process for up to 5,853,941 new Series F ordinary shares.
- The offering is restricted to qualified investors, defined as those holding at least 0.25% of voting rights or possessing a minimum of €100,000 in eligible securities.
- Trigon Dom Maklerski S.A. and Trigon Investment Banking have been engaged to manage the execution of the subscription process.
Raport Bieżący Nr 20/2023: Ustalenie Liczby Oraz Ceny Emisyjnej Akcji Serii F
The report discloses that PCF Group S.A., following an extraordinary shareholders’ resolution, completed a demand-building process for its Series F ordinary shares on 1 June 2023.
- PCF Group S.A. is issuing 3,343,037 new Series F ordinary shares at a fixed price of 40.20 PLN per share.
- The majority of the issuance, totaling 3,342,937 shares, is allocated to Krafton, Inc. under a pre-existing investment agreement.
- The demand-building process for the Series F shares was officially completed on 1 June 2023.
Current Report No. 18/2023: Initiation of Negotiations for a Credit Agreement with Bank Polska Kasa Opieki S.A.
The report announces that on 30 May 2023 the board of PCF Group S.A. received financing terms from Bank Polska Kasa Opieki S.A., confirmed by the bank’s Credit Committee.
- PCF Group S.A. is negotiating a revolving credit facility of up to PLN 50,000,000 with Bank Polska Kasa Opieki S.A. (Bank Pekao).
- The credit facility is intended to finance the costs associated with contract game production.
- The proposed term for utilizing the credit line and the final repayment date is up to 3 years from the credit agreement signing.