PCF Group

Game Co.

601 documents

Documents

Raport Bieżący Nr 25/2025: Podjęcie Uchwały w Sprawie Emisji Akcji w Ramach Docelowego Podwyższenia Kapitału Zakładowego

PCF Group S.A. has formally announced the adoption of a resolution regarding the issuance of 6,670,000 ordinary bearer shares of Series H. This action is being executed as part of a targeted increase in the company’s share capital. The decision was finalized by the company’s management board on August 12, 2025, in accordance with regulatory requirements concerning market abuse and public offering procedures. The scope of this announcement is strictly limited to providing information regarding the share issuance and does not constitute a public offer, advertisement, or promotional material for the new shares. The issuance is intended exclusively for qualified investors within the European Economic Area and specific professional categories in the United Kingdom. The company has explicitly stated that no prospectus is required for this transaction under current European regulations, as the offering is structured to qualify for exemptions from standard prospectus requirements. Geographically, the distribution of this information is subject to significant legal restrictions. The announcement is not intended for publication, distribution, or transmission in the United States, Australia, Canada, Japan, South Africa, or any other jurisdiction where such actions would be unlawful. The new shares have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold within the United States absent registration or an applicable exemption. The company and its designated manager disclaim all liability regarding the accuracy or completeness of the information provided, emphasizing that potential investors must conduct their own independent analysis before making any investment decisions.

investment funding europe

PCF Group

Report

Raport Bieżący Nr 14/2025: Wstrzymanie prac deweloperskich nad projektem Gemini

PCF Group S.A. has officially suspended development work on Project Gemini, a title previously produced under a work-for-hire agreement with Square Enix Limited. This decision, effective June 1, 2025, follows the expiration of the existing content rider and the absence of a subsequent agreement to cover future production milestones. The cessation of operations stems from a lack of communication from the publisher regarding the project's status, creating significant uncertainty surrounding the publisher's intent to finalize the game. The scope of this development halt covers the European operations of the PCF Group, specifically impacting the contractual relationship established under the original production and publishing agreement. Given the publisher's failure to provide terms for continued development or clear guidance on the project's future, the management board currently views the prospect of ongoing collaboration on Project Gemini as highly doubtful. This strategic shift marks a definitive pause in the studio's involvement with the project as of mid-2025. The company has indicated that it will provide further updates as the situation evolves and more information regarding the status of the collaboration becomes available. The decision reflects the inherent risks associated with work-for-hire models when contractual renewals and publisher alignment are not secured in a timely manner.

game-development game-publishing investment+1

PCF Group

Report

Raport Bieżący Nr 44/2025: Zawarcie Warunkowego Porozumienia ze Spółką Square Enix Limited

PCF Group S.A. has entered into a conditional agreement with Square Enix Limited to finalize the financial settlement of the Gemini project and formally terminate existing development and publishing partnerships. This agreement marks the conclusion of two long-standing collaborations, specifically the 2020 production-publishing contract for the Gemini project and the 2016 agreement concerning the Madness project. As part of this settlement, both parties have agreed to waive all potential claims arising from their previous professional relationship. The effectiveness of this agreement is subject to a specific condition precedent involving the transfer of technical assets. PCF Group is required to deliver a comprehensive closing kit containing all development materials related to the Gemini project within 30 days of the agreement date. Square Enix Limited then has a subsequent 30-day window to verify and accept these materials. Should the publisher fail to respond or formally reject the contents of the closing kit, the agreement will expire, and the stipulated legal consequences, including the termination of the contracts and the waiver of claims, will not take effect. This development represents a strategic shift in the operational relationship between the Warsaw-based developer and the London-based publisher. By resolving these outstanding project obligations, the parties aim to clear the path for future independence or alternative partnerships. The company intends to provide further updates as the verification process for the closing kit progresses and the final status of the agreement is confirmed.

game-publishing mergers-acquisitions investment+2

PCF Group

Report

Podjęcie decyzji o wznowieniu prac nad Projektem Victoria: Raport bieżący 5/2025

PCF Group S.A. has officially resumed development of Project Victoria, reversing a suspension decision made in December 2024. This strategic pivot follows a comprehensive review of a revised development plan submitted by key members of the original project team. The decision to restart operations is supported by updated internal sales and marketing projections, which prioritize a more agile development cycle and a refined scope for the title. The project will now follow a self-publishing model, with the company leveraging its own financial resources to bring the game to market. A core development team of over ten professionals, primarily based in Canada, has been tasked with executing the new roadmap. A central component of this strategy involves accelerating the release schedule by targeting an early access launch within 2025, allowing the studio to iterate on the product based on direct community feedback. Despite the resumption of work, the company maintains its previous assessment regarding the potential impairment of capitalized development costs associated with the project. In accordance with International Accounting Standard 36, the firm will conduct formal impairment tests based on financial data from December 31, 2024. These findings will be integrated into the upcoming annual financial statements for 2024 to determine the final valuation impact of the project’s historical expenditures. The company intends to disclose the results of these tests to the public once the audit process is finalized.

game-development investment europe

PCF Group

Report

Q1 2021: Omówienie Wyników

The Q1 2021 overview presents a 19.1 % increase in revenue to PLN 30.9 million compared with PLN 25.9 million in Q1 2020, while EBITDA rose 6.6 % to PLN 10.4 million. Net profit declined by 10 %, falling to PLN 7.8 million from PLN 8.7 million, and net cash flow surged 2 390 % to PLN 106.1 million due largely to a warrant issuance. Employment grew 7.1 % to 301 staff, reflecting expansion across the group’s Polish, UK, US and Canadian entities. Revenue composition shows a strong contribution from development activities, with development revenue increasing to PLN 35.2 million in Q1 2021 from PLN 30.9 million in the prior quarter, while outsource revenue remained stable around PLN 2.3 million. Adjusted EBITDA margins improved modestly, with a 54 % margin in Q1 2021 versus 51 % in the previous year. The group’s financial statements note a significant impact from the issuance of subscription warrants to Square Enix, which adjusted both revenue and EBITDA figures for the quarter. Capital structure changes following the acquisition of Game On Creative are outlined, including a 1.8 % stake held by the acquirer and a 4.6 % target capital increase for further development. The board’s recommendation on the 2020 net result allocation proposes a dividend of PLN 0.19 per share, with retained earnings of PLN 23.5 million and a dividend yield of PLN 0.98 per share. The analysis covers the Polish market with subsidiaries in the UK, US and Canada over the 2020‑Q1 2021 period.

market-analysis investment employment+3

PCF Group

Report

Current Report No. 9/2024: Change of Date for the Submission of Annual Reports for 2023

PCF Group S.A. has officially rescheduled the publication date for its 2023 consolidated and standalone annual financial reports. Originally slated for release on April 25, 2024, the disclosure is now set for April 29, 2024. This adjustment follows the company’s initial announcement regarding reporting timelines issued earlier in January 2024. The decision to delay the filing by four days is executed in accordance with the regulatory requirements set forth by the Polish Minister of Finance concerning the periodic information provided by securities issuers. This procedural update ensures compliance with legal obligations governing the transparency and timing of financial disclosures for publicly traded entities operating within the Polish capital market. By finalizing these reports by the end of April, the company maintains its commitment to providing stakeholders with audited financial data for the 2023 fiscal year. This shift represents a minor administrative adjustment to the corporate calendar, ensuring that all necessary documentation is prepared and verified before public dissemination to investors and market regulators.

investment europe

PCF Group

Report

List of Proposed Changes to the Articles of Association: PCF Group S.A.

The proposed amendments to the Articles of Association of PCF Group S.A. aim to modify the company’s share capital structure and introduce a new series of shares. The current authorized capital is PLN 668,587.34, divided among five existing series (A, B, D, E, and F) with nominal values of PLN 0.02 per share. The amendments raise the minimum authorized capital to PLN 668,587.36 and set a maximum of PLN 718,805.42, thereby allowing for future capital increases within this range. The share distribution remains largely unchanged for the first five series, preserving their respective quantities: 27,500,000 shares of Series A; 2,062,512 shares of Series B; 387,714 shares of Series D; 136,104 shares of Series E; and 3,343,037 shares of Series F. A new sixth series, Series G, is introduced with a minimum issuance of one share and a maximum cap of 2,510,904 shares, each also valued at PLN 0.02. These changes provide the company with greater flexibility to issue additional shares, potentially for capital raising or strategic purposes, while maintaining a clear cap on the total authorized share count. The amendments are confined to Warsaw-based PCF Group S.A., with no geographic expansion indicated, and pertain solely to the corporate governance framework rather than operational or financial performance metrics.

investment europe

PCF Group

Report

Raport Bieżący Nr 31/2024: Podjęcie Decyzji o Zawieszeniu Dalszych Prac nad Projektem Victoria

PCF Group S.A. has officially suspended all development and publishing activities related to Project Victoria, a title previously slated for an early access release in 2026. This decision follows the conclusion of a strategic review and stems directly from the company’s inability to secure the necessary capital to fund the project’s continued production and self-publishing requirements. The suspension is indefinite, as the company continues to seek external financing options that could potentially facilitate a future resumption of the project. The operational impact of this decision involves significant workforce restructuring within the dedicated development team. A portion of the staff will be placed on temporary layoff, a status that maintains the employment relationship for a legally defined period without the requirement for work or compensation, while the remainder of the team faces permanent redundancy. Furthermore, the established production and publishing schedule for the title has been formally abandoned. From a financial perspective, the company has identified the suspension as a trigger for potential impairment of capitalized development costs. In accordance with International Accounting Standard 36, management will conduct formal impairment testing based on financial data as of December 31, 2024. The results of these tests will be incorporated into the company’s annual financial statements for 2024. Future decisions regarding the project, including the possibility of permanent cancellation or eventual reactivation, remain contingent upon the success of ongoing efforts to secure adequate funding.

game-development game-publishing investment+1

PCF Group

Report

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. The strategy had first been disclosed in the company’s prospectus approved by the Polish Financial Supervision Authority on 25 November 2020 and subsequently updated in a 43/2021 interim report dated 27 September 2021. The current update is attached to the present filing and outlines new assumptions, objectives, and operational priorities for both the parent company and its subsidiaries. Key points include a renewed focus on expanding market presence, enhancing product development pipelines, and strengthening financial performance through cost optimisation and capital allocation. The strategy also highlights commitments to sustainability initiatives, digital transformation, and talent development across the group’s portfolio. While specific financial targets are not disclosed in this summary, the document stresses alignment with regulatory frameworks and adherence to EU prospectus regulations for any forthcoming equity offerings. The update applies exclusively within the European Economic Area and the United Kingdom, targeting qualified investors and institutional participants. It is governed by EU Regulation (EU) 2017/1129 on prospectuses and related directives, ensuring compliance with disclosure obligations for non‑public offerings. The filing clarifies that it does not constitute a public offer, contains no promotional content for new shares, and is restricted from distribution in jurisdictions such as the United States, Australia, Canada, Japan, or South Africa. The document also includes standard legal and risk disclosures, emphasizing that forward‑looking statements are subject to uncertainty and should not be relied upon as definitive forecasts.

mergers-acquisitions investment game-development+1

PCF Group

Report

Krajowy Rejestr Sądowy: People Can Fly

The document presents the official registration details of PCF GROUP SPÓŁKA AKCYJNA, a Polish joint‑stock company incorporated on 6 November 2019 and currently listed in the National Court Register (KRS) under number 0000812668. The company’s legal form is a joint‑stock company, with its registered office in Warsaw, Masovian Voivodeship. The principal business activities are software development (62.01.Z), video game production and retail (47.40.Z, 47.65.Z, 58.21.Z), publishing of computer games (58.29.Z), and related digital services such as hosting and portal operations (63.11.Z, 63.12.Z). The company’s capital structure is detailed: a share capital of PLN 718,805.42 divided into 35,940,271 shares with a nominal value of PLN 0.02 each, and a planned capital increase of PLN 31,118.44 through the conversion of capital bonds into shares. The share issuance is segmented into seven series (A–G) with varying numbers of shares, all non‑preferential. Key governance information lists the single‑member board headed by President Sebastian Kamil Woiciechowski, and a supervisory board comprising five members. No debt or liquidation proceedings are recorded; the company remains solvent with no outstanding claims or bankruptcy filings. The document also records a series of statutory amendments to the company’s articles, reflecting changes in capital structure and governance provisions between 2019 and 2025. Annual financial statements and auditor reports for the years 2019–2024 are referenced, indicating regular compliance with reporting obligations. The company’s website (www.peoplecanfly.com) and email contact are provided for further inquiries.

market-analysis europe

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.

investment ipo europe

PCF Group

PCF Group

Documents

Raport Bieżący Nr 25/2025: Podjęcie Uchwały w Sprawie Emisji Akcji w Ramach Docelowego Podwyższenia Kapitału Zakładowego

Raport Bieżący Nr 14/2025: Wstrzymanie prac deweloperskich nad projektem Gemini

Raport Bieżący Nr 44/2025: Zawarcie Warunkowego Porozumienia ze Spółką Square Enix Limited

Podjęcie decyzji o wznowieniu prac nad Projektem Victoria: Raport bieżący 5/2025

Q1 2021: Omówienie Wyników

Current Report No. 9/2024: Change of Date for the Submission of Annual Reports for 2023

Consolidated Semi-Annual Report: H1 2023

List of Proposed Changes to the Articles of Association: PCF Group S.A.

Raport Bieżący Nr 31/2024: Podjęcie Decyzji o Zawieszeniu Dalszych Prac nad Projektem Victoria

Aktualizacja strategii PCF Group S.A. oraz Grupy People Can Fly

Krajowy Rejestr Sądowy: People Can Fly

Current Report No. 49/2023: Admission and Introduction to Trading on the Regulated Market of Series G Ordinary Bearer Shares