This PEGI descriptor makes us aware of the fact that a game within the age range of PEGI 7 and PEGI 12 may contain scenes or have a plot line with elements too disturbing or frightening for younger players.

The depiction of Fear or horror PEGI symbol only appears on PEGI 7 or PEGI 12 video games. This is because PEGI age ratings below this will not contain such plot lines, and over a PEGI 12 rating the player is considered to understand the fear or horror within a plot line is acceptable and comprehensible from a fictional context. Two examples of video games that depict fear or horror within the plot line are Ubisofts Rayan Legends and Child of Light.
http://rayman.ubi.com/legends/en-gb/home/
http://childoflight.ubi.com/col/en-GB/home/index.aspx