Warsaw, 1 September 2020 — PCF Group S.A. (People Can Fly) filed the prospectus with the Polish Financial Supervision Authority. The company is planning to hold a public offering of shares and make its public debut on the Warsaw Stock Exchange (IPO) by the end of this year.
People Can Fly, a globally recognized developer of AAA games, intends to join the growing group of gaming companies listed on the Warsaw Stock Exchange. Games developed by People Can Fly include award winning titles acclaimed worldwide by gamers and media, such as Painkiller, Bulletstorm and Gears of War: Judgment. Additionally, during its eight-year-long partnership with Epic Games — a global developer and publisher of games and related technology — People Can Fly cooperated on the development of such titles as Gears of War, Gears of War 2, Gears of War 3, Unreal Tournament, Spyjinx and Fortnite. People Can Fly’s technology backbone is based on Unreal Engine — a popular game development engine created by Epic Games.
In cooperation with the global publisher Square Enix, People Can Fly is currently working on the largest production in its history — an RPG shooter Outriders, scheduled for release towards the end of 2020.
The company has also recently commenced the development of a new AAA game, among other things. As in the case of Outriders, this production will be executed in cooperation with a leading global game publisher. The game is intended to be released on next-generation consoles and streaming platforms and is developed by People Can Fly’s studio in New York. In order to match the scale of the new project, People Can Fly is planning to significantly expand its New York branch over the next 12-18 months, and is additionally expanding its start-up studio in Montreal.
“People Can Fly has a long record of successfully developed AAA games and experience in cooperating with the leading global publishers. The public listing of the company is an important step forward that will strengthen the People Can Fly’s position on the global market of top-tier game developers. We are proud to say that we have one of the most experienced teams in Poland which includes approximately 190 experts and specialists in the fields of software engineering, animation, graphics, design, visual and sound effects, as well as game production. It should be emphasized that some of the company’s shareholders are the key managers responsible for the development of the company’s projects, associated with the company for years: Bartosz Kmita, Bartosz Biełuszko, Krzysztof Dolaś and Jarosław Surowiec. We are a global company with studios in Poland, the UK, USA and Canada, and we are recognized as one of the pioneers on the Polish and European market for AAA shooters. Our best recognized franchises include: Painkiller, Bulletstorm and Gears of War: Judgment, created in cooperation with Epic Games” says Sebastian Wojciechowski, president of the management board and majority shareholder of PCF Group S.A. “Currently, together with Square Enix, we are finalizing work on a new AAA game, an RPG shooter called Outriders. It is the largest production in the history of People Can Fly. We have high hopes for the worldwide release of Outriders later this year” adds Sebastian Wojciechowski.