Pcf Group SaGPW: PCF

PCF Group Signs Investment Deal With Cooldown Games, To Issue Shares

· Issued by PCF Group SA

PCF Group S.A. GPW:PCF:

  • SAID ON FRIDAY IT SIGNED AN INVESTMENT AGREEMENT WITH COOLDOWN GAMES TO ACQUIRE PUBLISHING RIGHTS FOR THREE GAMES FOR ABOUT $1.5 MLN

  • COOLDOWN GAMES AND RELATED INVESTORS TO REINVEST ABOUT 10.8 MLN ZLOTYS INTO NEWLY ISSUED PCF GROUP SHARES

  • STARTS BOOK-BUILDING PROCESS FOR UP TO 4.1 MLN SERIES I SHARES WITH MINIMUM PRICE OF 4.00 ZLOTYS EACH

  • PROCEEDS FROM THE SHARE ISSUE WILL FUND THE ACQUISITION OF PUBLISHING RIGHTS

  • TO CREATE INTERNAL PUBLISHING TEAM FEATURING COOLDOWN GAMES PERSONNEL

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