Brief: PCF Group Suspends Work On Project Victoria

PCF SA

10/12/2024 16:23

Dec 10 (Reuters) - PCF Group SA  PCF1.WA :
    * SUSPENDS FURTHER WORK ON PROJECT VICTORIA
    * SUSPENSION DUE TO LACK OF FUNDS FOR PROJECT VICTORIA
    * PART OF PROJECT VICTORIA TEAM TO BE TEMPORARILY LAID OFF
    * REMAINING PROJECT VICTORIA TEAM MEMBERS TO FACE LAYOFFS
    * PROJECT VICTORIA EARLY ACCESS RELEASE IN 2026 SUSPENDED
    * TO CONDUCT IMPAIRMENT TESTS FOR PROJECT VICTORIA
    * TO SEEK NEW FUNDING SOURCES THAT COULD BE USED FOR FURTHER DEVELOPMENT OF
PROJECT VICTORIA

Source text:  ID:nEM882VnHa 
Further company coverage:  PCF1.WA 

 (Reporting by Gdansk Newsroom)
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