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Dates for Publication of Periodic Reports in 2026
The Management Board of 11 bit studios S.A. has established the official schedule for the release of its financial and periodic disclosures throughout the 2026 calendar year.
- 11 bit studios S.A. will release its 2025 annual report on April 20, 2026.
- The company's 2026 quarterly and semi-annual financial reports are scheduled for May 20 (Q1), August 26 (H1), and November 25 (Q3).
- 11 bit studios S.A. will omit separate quarterly reports for the fourth quarter of 2025 and the second quarter of 2026.
Current Report 22/2025
The Management Board of 11 bit studios S.A. has formalized a strategic licensing agreement with Microsoft Corporation to integrate several titles into the Game Pass subscription service.
- 11 bit studios S.A. has signed a strategic licensing agreement with Microsoft to include the upcoming title Death Howl and two existing publishing titles in the Game Pass subscription service.
- The financial impact of this licensing deal is expected to materialize primarily during the 2026 fiscal year.
- The agreement covers both internally developed games and third-party titles, reflecting a diversified revenue strategy for the company's publishing division.
Current Report 21/2025
The Management Board of 11 bit studios S.A. has finalized a licensing agreement with Microsoft Corporation to integrate several titles into the Game Pass subscription service.
- 11 bit studios S.A. has signed a licensing agreement with Microsoft to bring three titles, including the upcoming 'Death Howl', to the Game Pass subscription service.
- 'Death Howl' will launch on Game Pass for PC on December 9, 2025, with a subsequent release scheduled for Xbox consoles.
- The agreement covers 'Death Howl' plus two additional titles currently managed by the company’s publishing division.
Raport Bieżący Nr 45/2025
PCF Group S.A., headquartered in Warsaw, announced an asset-value adjustment for the cash-generating unit (CGU) that includes expenditures on the Victoria project (the game Lost Rift), the PCF Framework and other allocated intangible assets.
- PCF Group S.A. recorded a significant impairment of assets related to the 'Victoria' project (Lost Rift) and the PCF Framework, resulting in a 92,045 thousand PLN reduction in consolidated Q3 2025 profit.
- The standalone company impairment is 126,348 thousand PLN, representing an 88% write-down of the cash-generating unit's allocated assets.
- The impairment is non-cash in nature and does not impact EBITDA for either the standalone company or the consolidated Group.
Current Report 20/2025: Establishment of the release date for the game "Death Howl"
The Management Board of 11 bit studios S.A. has officially scheduled the global release of the upcoming title Death Howl, developed by the Copenhagen-based studio The Outer Zone.
- 11 bit studios S.A. has scheduled the global PC release of 'Death Howl' for December 9, 2025, on Steam and GOG.
- The console release for PlayStation 5, Xbox Series X/S, and Nintendo Switch is deferred to the first quarter of 2026.
- The game is developed by the Copenhagen-based studio The Outer Zone under a publishing partnership with 11 bit studios.
Remedy Entertainment Q3 2025 Business Review
The Remedy Entertainment Q3 2025 Business Review outlines a challenging financial period characterized by a strategic pivot following the underwhelming commercial performance of its recent multiplayer title, FBC: Firebreak.
- Remedy Entertainment reported a 32% year-over-year revenue decline to €12.2 million and an 89% drop in EBITDA to €0.7 million for Q3 2025.
- The company recorded a €16.4 million EBIT loss, driven primarily by a €14.9 million non-cash impairment charge related to the development costs of the multiplayer title FBC: Firebreak.
- Management has downgraded the 2025 outlook, now projecting negative operating profit (EBIT) that will fall below 2024 levels.
Powiadomienie o Transakcji/Transakcjach, o Którym Mowa w Art. 19 Ust. 1 Rozporządzenia MAR
The filing serves to comply with Article 19(1) of the Market Abuse Regulation by disclosing the acquisition of financial instruments by a senior executive of PCF Group S.A.
- Sebastian Wojciechowski, President of the Board at PCF Group S.A., acquired a total of 425,000 call options on 20 October 2025.
- The options were granted through the company's employee motivation program as contractual agreements rather than open-market purchases.
- All 425,000 call options were issued at a nominal price of zero Polish zloty per unit.
Current Report No. 19 /2025
The Management Board of 11 bit studios S.A., a prominent Polish game development studio, issued a formal regulatory disclosure on October 20, 2025, regarding changes in share ownership involving high-level leadership.
- On October 20, 2025, 11 bit studios S.A. management board member Grzegorz Miechowski transferred an undisclosed volume of company shares to the Fundacja Rodzinna Miechowskich.
- The share transfer was executed as a non-market donation to a family foundation rather than an open-market transaction.
- The disclosure was filed in compliance with Article 19 of the EU Market Abuse Regulation (MAR) regarding transparency for persons discharging managerial responsibilities.
Current Report No. 18/2025
This regulatory disclosure details a significant insider trading event involving the leadership of 11 bit studios S.A., a prominent Polish game developer and publisher.
- Fundacja Rodzinna Miechowskich, an entity linked to 11 bit studios S.A. Management Board member Grzegorz Miechowski, has executed a sale of company shares.
- The transaction was conducted on the Warsaw Stock Exchange and formally disclosed in October 2025.
- The disclosure was mandated by Article 19 of the European Union's Market Abuse Regulation, which requires transparency regarding financial movements by persons discharging managerial responsibilities.
Raport Bieżący ESPI Nr 15/2025
PlayWay S.A. issued a formal notification regarding a transaction involving its company shares conducted by a person discharging managerial responsibilities.
- Krzysztof Kostowski, President of the Management Board of PlayWay S.A., conducted a transaction involving company shares on October 2, 2025.
- The transaction was formally disclosed by PlayWay S.A. in October 2025 to comply with Article 19 of the European Union’s Market Abuse Regulation.
- The filing serves as a regulatory requirement for transparency regarding the investment activities of persons discharging managerial responsibilities at the Warsaw-based firm.
Statut Spółki PlayWay S.A.
PlayWay S.A. operates as a Warsaw-based joint-stock company primarily dedicated to the development and publishing of video games.
- PlayWay S.A. is a Warsaw-based game developer and publisher with a share capital of 660,000 PLN divided into 6.6 million ordinary bearer shares.
- The company mandates that at least 8% of annual net profit be allocated to supplementary capital until reserves reach one-third of the total share capital.
- Governance is structured around a five-year term for a Management Board of one to five members and a Supervisory Board of five to seven members.
ESPI Current Report No. 16/2025
PlayWay S.A. announced the successful completion of its Series J share subscription on September 30, 2025.
- PlayWay S.A. issued 66,000 new ordinary bearer shares to President Krzysztof Kostowski on September 30, 2025, as part of the 2023–2025 management incentive program.
- The shares were issued at a nominal price of 0.10 PLN per share, generating a total subscription value of 6,600 PLN through cash contributions.
- The issuance involved a total exclusion of pre-emptive rights for existing shareholders, executed under the Management Board's authorized capital limits.