Legal11 bit studios
Zmiana Udziału w Ogólnej Liczbie Głosów 11 Bit Studios S.A. – Zmniejszenie Stanu Posiadania Poniżej 5 Proc. Ogólnej Liczby Głosów
2 Oct 20241 pages~2 min full read
TFI Allianz Polska S.A. reduced its stake in 11 bit studios S.A. to below the 5 percent threshold of total voting rights.
The institutional investor's ownership decreased from 5.04 percent (121,790 shares) to 4.55 percent (110,000 shares).
The divestment was executed on September 30, 2024, and reached settlement on October 2, 2024.
The reduction involved multiple funds managed by Allianz, including Allianz Duo FIO and Allianz FIO.
The company confirmed it holds no additional indirect interests or financial instruments that would alter the total voting power calculation.
This regulatory disclosure was issued in October 2024 in compliance with Polish market regulations regarding significant shareholding changes.
TFI Allianz Polska S.A. has reduced its investment stake in the Polish game developer 11 bit studios S.A., crossing below the significant threshold of 5 percent of total voting rights. This regulatory disclosure, issued in October 2024, details a divestment executed on September 30, 2024, and settled on October 2, 2024. The transaction involved several funds managed by the institution, including Allianz Duo FIO, Allianz FIO, and various specialized investment and pension funds.
Prior to this sale, the managed funds collectively held 121,790 shares, representing 5.04 percent of the company’s share capital and an equivalent percentage of the total votes at the general meeting of shareholders. Following the disposal of a portion of these holdings, the aggregate position decreased to 110,000 shares. This adjustment brings the institutional group’s total ownership to 4.55 percent of the share capital and 4.55 percent of the total voting power.
The notification confirms that the funds do not hold any additional indirect interests through subsidiaries or financial instruments that would impact the total voting calculation. This shift in ownership reflects a strategic reduction in exposure by a major institutional investor in the Warsaw-listed developer, known for titles such as Frostpunk and This War of Mine. The disclosure was made in accordance with Polish market regulations regarding the acquisition or disposal of significant blocks of shares in public companies.
