Brief: PCF Group Decides To Increase Capital Engagement In Unit Incuvo

PCF SA

27/01/2023 16:51

Jan 27 (Reuters) - PCF Group SA  PCF1.WA :
    * DECIDES TO INCREASE CAPITAL ENGAGEMENT IN UNIT INCUVO
    * COMPANY WILL CONDUCT SHARE EXCHANGE TRANSACTION WITH
SELECTED
SHAREHOLDERS OF INCUVO
    * UNDER EXCHANGE COMPANY TO ISSUE 136,104 E SERIES SHARES
(ABOUT
0.45% STAKE) AT ISSUE PRICE OF 46.13 ZLOTYS PER SHARE
    * NEW SHARES TO BE OFFERED TO SELECTED SHAREHOLDERS IN
RETURN FOR
RESPECTIVELY 1.1 MILLION SHARES (7.90% STAKE) AND 0.6 MILLION
SHARES (4.34% STAKE) IN INCUVO
    * FOLLOWING TRANSACTION COMPANY TO INCREASE STAKE IN INCUVO
TO
ABOUT 62.25% FROM 50.01%

Source text for Eikon:  ID:nEM3kWVj8a 
Further company coverage:  PCF1.WA 
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