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PCF Group Decides To Increase Capital Engagement In Unit Incuvo

PCF Group SA PCF:

  • 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%

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