Marcin Przasnyski, Chairman of the Supervisory Board at 11 bit studios SA, announced on June 14, 2013, that he will not seek re-election after his three-year term concludes.

According to "Statement of Not Seeking Re-election for Next Term": Marcin Przasnyski, Chairman of the Supervisory Board at 11 bit studios SA, announced on June 14, 2013, that he will not seek re-election after his three-year term concludes.

Przasnyski is stepping down to focus on other professional projects that require significant time commitments.

According to "Statement of Not Seeking Re-election for Next Term": Przasnyski is stepping down to focus on other professional projects that require significant time commitments.

Despite leaving his leadership role, Przasnyski intends to retain his current shareholding in the company, citing a long-term strategic investment outlook.

According to "Statement of Not Seeking Re-election for Next Term": Despite leaving his leadership role, Przasnyski intends to retain his current shareholding in the company, citing a long-term strategic investment outlook.

To maintain investor confidence, Przasnyski has voluntarily committed to a lock-up period on his shares lasting until the end of 2014.

According to "Statement of Not Seeking Re-election for Next Term": To maintain investor confidence, Przasnyski has voluntarily committed to a lock-up period on his shares lasting until the end of 2014.

The lock-up agreement includes specific exceptions for extraordinary corporate events, such as mergers, acquisitions, or tender offers.

According to "Statement of Not Seeking Re-election for Next Term": The lock-up agreement includes specific exceptions for extraordinary corporate events, such as mergers, acquisitions, or tender offers.

The announcement serves as a formal disclosure to the capital market to ensure transparency regarding corporate governance changes at 11 bit studios SA.

According to "Statement of Not Seeking Re-election for Next Term": The announcement serves as a formal disclosure to the capital market to ensure transparency regarding corporate governance changes at 11 bit studios SA.

Back to report

Key Insights

Statement of Not Seeking Re-election for Next Term

11 bit studios~1 min full read

01
Marcin Przasnyski, Chairman of the Supervisory Board at 11 bit studios SA, announced on June 14, 2013, that he will not seek re-election after his three-year term concludes.
02
Przasnyski is stepping down to focus on other professional projects that require significant time commitments.
03
Despite leaving his leadership role, Przasnyski intends to retain his current shareholding in the company, citing a long-term strategic investment outlook.
04
To maintain investor confidence, Przasnyski has voluntarily committed to a lock-up period on his shares lasting until the end of 2014.
05
The lock-up agreement includes specific exceptions for extraordinary corporate events, such as mergers, acquisitions, or tender offers.
06
The announcement serves as a formal disclosure to the capital market to ensure transparency regarding corporate governance changes at 11 bit studios SA.

That's the gist.

Dive into the full report for the data, charts, and sources behind these takeaways.

Read the full report