Legal

Current Report No. 19 /2025

20 October 20251 pages122 words

Summary

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. This notification was executed in compliance with Article 19 of the Market Abuse Regulation (MAR), which governs the transparency of transactions conducted by persons discharging managerial responsibilities. The disclosure serves to inform the public and regulatory bodies of internal shifts in equity holdings to ensure market integrity and prevent information asymmetry. The primary transaction involves Grzegorz Miechowski, a member of the company’s Management Board, who facilitated a donation of shares in 11 bit studios S.A. to Fundacja Rodzinna Miechowskich. This recipient entity is identified as a family foundation closely related to the executive. While the specific volume and valuation of the shares were not detailed in the summary text, the notification confirms that the transfer was a non-market donation rather than a standard open-market sale or purchase. This move reflects a common practice in wealth management and succession planning among European tech executives, shifting legal ownership to a private foundation while maintaining a relationship with the underlying assets. This regulatory filing is specific to the Polish capital market and the Warsaw Stock Exchange, where 11 bit studios S.A. is listed. The scope is limited to the individual holdings of a single board member as of the fourth quarter of 2025. By fulfilling these reporting requirements, the company maintains compliance with European Union financial transparency standards, ensuring that all significant movements of shares by insiders are documented and accessible to the investing public. The report was officially authorized by Przemysław Marszał and Marek Ziemak on behalf of the Management Board.

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Current Report No. 19 /2025

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