For investors
Investor relations
Welcome to the Koykan investor relations portal
Koykan is a technology-led, fast-growing quick-service restaurant (QSR) brand building a pan-European street food network. Koykan now operates several restaurants in four European markets. Each of them runs on the same operating model, franchise framework, central supply chain and digital infrastructure. That system has proved successful across different countries and business environments.
Koykan Capital Partners (KCP)
KCP is our framework for growth across Europe. It covers the way Koykan raises capital, works with operating partners and opens restaurants. It brings together four core building blocks:
- Koykan TopCo (Planets Group), the brand-owning company. It owns the brand, the recipes and the operating system, and licenses them to each restaurant under a franchise agreement.
- Operating partners, experienced local multi-location operators who develop and run Koykan restaurants in defined territories. They operate either self-funded or with capital support.
- Koykan Capital Partners (KCP), the platform through which the Group raises, invests and returns capital.
- Capital Engine, a set of capital channels that separates capital earmarked for building new restaurants (Growth Capital) from capital that earns income from restaurants that are already trading (Yield Capital).
New restaurants are developed on the growth side. Once a restaurant is trading steadily, it moves to the yield side at a price set by a published formula. Through this transfer, capital returns to the growth side and finances the next series of restaurants. Each cycle reduces execution risk and makes the next phase easier to finance.
What you will find here
This portal gives current and prospective investors financial disclosures, updates on our bond programme and capital markets activity, information on corporate governance, shareholder letters and strategic milestones.
We believe that disciplined execution, data-driven decision-making and the creation of long-term value build a lasting business. We invite you to follow our progress and to get in touch.
Forward-looking statements on this page, including targets and timeframes, are estimates based on current assumptions. They are subject to change and to risks that may cause actual results to differ materially from those stated.
- Contact for enquiries: capital@koykan.com
- More information: Koykan bonds page
Documents and links for investors
- Corporate brochure (EN)
- Letter to shareholders for the first half of 2026 (EN)
- Letter to shareholders and investors for the second half of 2025 (EN)
- Letter to shareholders for the first half of 2025 (EN)
- Letter to shareholders for the first half of 2024 (EN)
- Koykan’s registered intellectual and industrial property rights, last updated 13 May 2024 (EN)
- Financial snapshot 2025 to 2027 (EN)
- Koykan Group: consolidated report for 2023 (EN)
- Planets Group d.o.o.: official annual financial report for 2024 (HR)
- Planets Group d.o.o.: official annual financial report for 2025 (HR)
- Koykan CC d.o.o.: official annual financial report for 2025 (HR)
- Koykan Food d.o.o.: official annual financial report for 2025 (HR)
- Koykan Avenue d.o.o.: official annual financial report for 2025 (HR)
- Koykan Mall d.o.o.: official annual financial report for 2025 (HR)
- Koykan SEE d.o.o.: official annual financial report for 2025 (HR)
- Koykan SEE FOS d.o.o.: official annual financial report for 2025 (HR)
- Koykan Drava d.o.o.: official annual financial report for 2025 (HR)
- Koykan Sava d.o.o.: official annual financial report for 2025 (HR)
- Koykan Krka d.o.o.: official annual financial report for 2025 (HR)
- Koykan Mirna d.o.o.: official annual financial report for 2025 (HR)
- Food Planets d.o.o.: official annual financial report for 2025 (HR)
- Chill Cantina d.o.o.: official annual financial report for 2025 (HR)
- KSEE Recruitment d.o.o.: official annual financial report for 2025 (HR)
- Koykan Eurovea s.r.o.: annual financial statements for 2025 (EN)
- Koykan SK02 s.r.o.: annual financial statements for 2025 (EN)
- Koykan Group: aggregated non-consolidated financial overview 2023 to 2025 (HR)
Financial information for investors
Public issues
| Series / ISIN | Type | Principal (EUR) | Interest | Maturity | Resolutions |
|---|---|---|---|---|---|
| PLGR-O-284A (HRPLGRO284A8) | public | 947,000.00 (284A) | 8.00% | 29 April 2028 | Resolution on the Issue of Convertible Bonds of 13 May 2025 (EN and HR) |
| PLGR-O-284K (HRPLGRO284K7) | public | 906,000.00 | 8.00% | 29 April 2028 | Resolution on the Issue of Convertible Bonds of 13 May 2025 (EN and HR) |
| PLGR-O-288A (HRPLGRO288A9) | public | 975,000.00 (288A) | 8.00% | 5 August 2028 | Resolution on the Issue of Convertible Bonds of 5 August 2025 (EN and HR) |
| PLGR-O-28BA (HRPLGRO28BA6) | public | 975,000.00 (28BA) | 6.25% | 16 November 2028 | Resolution on the Issue of Convertible Bonds of 5 August 2025 (EN and HR) |
| PLGR-O-297A (HRPLGRO297A0) | public | 2,000,000.00 (297A) | 7.5% | 16 July 2026 | Resolution on the Bond Issue (PlanetsGroup) |
- Current valuation of the Group (based on the latest equity round, 2023_Q1)
EUR 6,250,000.00 - Total equity capital raised to date (historical estimate)
EUR 2,000,000.00 - Total debt capital raised to date (excluding banks and leasing)
- Round I
- EUR 1,500,000.00 (2 investors)
- Round II
Public offering of a new bond with a maximum issue size of 2 x EUR 950,000 begins on 15 May 2025.
Central Depository & Clearing Company
PRIIP KID – HRPLGRO284A8, PRIIP KID – HRPLGRO284K7
Resolution on the Issue of Convertible Bonds (13 May 2025) (EN and HR)- Tranche 1 – EUR 609,000.00 (5 convertible and 62 standard investors)
- Tranche 2 – EUR 388,000.00 (4 convertible and 29 standard investors)
- Tranche 3 – EUR 257,000.00 (3 convertible and 21 standard investors)
- Tranche 4 – EUR 315,000.00 (4 convertible and 28 standard investors)
- Tranche 5 – EUR 276,000.00 (39 standard investors)
- Planets Group d.o.o. completed the public offering of bond PLGR-O-284A and convertible bond PLGR-O-284K for the Koykan project on 24 July 2025.
- Round III
Public offering of a new bond with a maximum issue size of EUR 975,000 begins on 6 August 2025.
Central Depository & Clearing Company
PRIIP KID – HRPLGRO288A9
Resolution on the Issue of Convertible Bonds (5 August 2025) (EN and HR)- Tranche 1 – EUR 370,000.00 (2 convertible and 26 standard investors)
- Tranche 2 – EUR 319,000.00 (3 convertible and 27 standard investors)
- Tranche 4 – EUR 162,000.00 (1 convertible and 32 standard investors)
- Tranche 5 – EUR 124,000.00 (13 standard investors)
- Planets Group d.o.o. completed the public offering of bond PLGR-O-288A for the Koykan project on 23 October 2025.
- Round IV
Public offering of a new bond with a maximum issue size of EUR 975,000 begins on 2 December 2025.
Central Depository & Clearing Company
PRIIP KID – HRPLGRO28BA6
Resolution on the Issue of Convertible Bonds (17 November 2025) (EN and HR)- Tranche 1 – EUR 319,000.00 (26 standard investors)
- Tranche 2 – EUR 173,000.00 (17 standard investors)
- Tranche 3 – EUR 198,000.00 (26 standard investors)
- Tranche 4 – EUR 104,000.00 (11 standard investors)
- Tranche 5 – EUR 49,000.00 (13 standard investors)
- Tranche 6 – EUR 35,000.00 (13 standard investors)
- Planets Group d.o.o. completed the public offering of bond PLGR-O-28BA for the Koykan project on 16 April 2026.
- Round V
Public offering of bonds PLGR-O-291A of up to EUR 1,000,000.00 began on 12 February 2026.
Central Depository & Clearing Company
Resolution on the Issue of Convertible Bonds (14 January 2026)- Tranche 1 – EUR 232,000.00 (11 standard investors)
- Tranche 2 – EUR 320,000.00 (37 standard investors)
- Tranche 3 – EUR 207,000.00 (24 standard investors)
- Tranche 4 – EUR 190,000.00 (30 standard investors)
- Planets Group d.o.o. completed the public offering of bond PLGR-O-291A for the Koykan project on 22 May 2026.
- Round VI
Private offering of bonds PLGR-O-268A, addressed to fewer than 150 investors.
Central Depository & Clearing Company- Issued: EUR 612,000.00 (20 investors).
- On 7 August 2026, EUR 542,000.00 was exchanged for bonds PLGR-O-272A, and the remaining EUR 70,000.00 was repaid at maturity on 11 August 2026.
- Round VII
Public offering of bonds PLGR-O-297A of up to EUR 2,000,000.00 began on 11 June 2026 with the publication of the information document; the first tranche was registered with SKDD on 16 July 2026. The offering runs until all bonds are sold, and no later than 11 June 2027.
Central Depository & Clearing Company
Resolution on the Bond Issue (PlanetsGroup)- Tranche 1 – EUR 315,000.00 (45 standard investors)
- Tranche 2 – EUR 127,000.00 (15 standard investors)
- Tranche 3 – in progress
- Planets Group d.o.o. has not yet completed the public offering of bond PLGR-O-297A for the Koykan project.
- Round VIII
Private offering of bonds PLGR-O-272A, addressed to fewer than 150 investors. EUR 1,000,000.00 issued at SKDD, of which EUR 542,000.00 by exchange of bonds PLGR-O-268A on 7 August 2026; maturing 7 February 2027.
Central Depository & Clearing Company
- Round I