Brief: PCF Group EGM Resolves To Issue Up To 2.5 Mln G Series Shares

PCF SA

07/08/2023 12:40

Aug 7 (Reuters) - PCF Group SA  PCF1.WA :
    * EGM VOTED TO INCREASE SHARE CAPITAL BY UP TO 0.1 MILLION
ZLOTYS
VIA PRIVATE ISSUE OF G SERIES SHARES
    * UNDER SUBSCRIPTION COMPANY TO ISSUE UP TO 2.5 MILLION G
SERIES
SHARES
    * SHARES TO BE ISSUED WITHOUT PREEMPTIVE RIGHTS
    * MANAGEMENT BOARD AIMS TO USE ALL OF PROCEEDS FROM ISSUANCE
FOR
INCREASING THE SIZE OF THE PRODUCTION TEAMS TO APPROPRIATE
PRODUCTION LEVELS FOR PROJECTS DAGGER, BIFROST AND VICTORIA
    * ISSUANCE MAY PROVIDE ADDITIONAL FINANCING EXPECTED TO
AMOUNT TO
AT LEAST 100.9 MILLION ZLOTYS

Source text for Eikon:  ID:nEM4HMJVVa 
Further company coverage:  PCF1.WA 

 (Reporting by Gdansk Newsroom)
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