LegalPlayWay
Uchwała Nr 1/25/06/2019 Zwyczajnego Walnego Zgromadzenia
1 Jun 201918 pages~31 min full read
PlayWay SA shareholders approved a dividend payout of 16.434 million PLN, or 2.49 PLN per share, for the 2018 fiscal year.
See it on page 11The company reported a 2018 consolidated net profit of 47.02 million PLN and total assets valued at 121.81 million PLN.
See it on page 7The standalone entity for PlayWay SA generated a net profit of 16.371 million PLN in 2018.
See it on page 7The dividend distribution was funded by the total 2018 standalone net profit plus a 62,793 PLN draw from reserve capital.
See it on page 11Shareholders representing 83.68% of the company's capital attended the June 25, 2019, meeting to validate the financial results.
See it on page 12The Management Board, including President Krzysztof Kostowski and Vice-President Mateusz Zawadzki, received formal discharge from shareholders for their 2018 performance.
See it on page 17The Ordinary General Meeting of PlayWay SA, convened on June 25, 2019, formalizes the company’s financial performance and corporate governance outcomes for the 2018 fiscal year. Representing 83.68% of the share capital, shareholders validated the company’s significant growth and profitability within the global gaming sector. The consolidated financial statements reveal a net profit of 47.02 million PLN and total assets valued at 121.81 million PLN, while the standalone entity reported a net profit of 16.371 million PLN. These figures underscore a period of robust operational success and effective management of the company’s diverse portfolio of development studios.
A central outcome of the assembly is the strategic allocation of capital toward shareholder returns. The meeting approved a total dividend distribution of 16,434,000 PLN, equating to 2.49 PLN per share. This payout is funded by the entirety of the 2018 standalone net profit, supplemented by a minor draw of 62,793 PLN from reserve capital. This decision reflects a commitment to returning value to investors while maintaining a stable balance sheet, with the final payment scheduled for late July 2019.
The assembly also served as a formal endorsement of the company’s leadership. Shareholders granted discharge to the Management Board, including President Krzysztof Kostowski and Vice-President Mateusz Zawadzki, as well as the entire Supervisory Board. These resolutions, passed with near-unanimous support and minimal abstentions, confirm the alignment between the company’s executive strategy and its investor base. By approving the activity reports and financial disclosures, the assembly solidified PlayWay SA’s corporate standing as it moved into the 2019 fiscal period.
