Updated Mar 17, 2026 by PlayWay
Legal · May 10, 2017
Published by PlayWay
The management of PlayWay S.A. announced a significant restructuring of the share capital of Ultimate Games S.A. following a resolution passed by the Extraordinary General Meeting on May 10, 2017. This action formalizes a prior agreement among six key shareholders to expand the company's financial foundation as it transitions from a limited liability company to a joint-stock company. The primary objective of this corporate action is to facilitate growth through a substantial increase in share capital and a redistribution of equity stakes among institutional and individual investors. The resolution increases the share capital of Ultimate Games S.A. from 100,000 PLN to 150,000 PLN through the issuance of new shares. This 50% increase in capital is accompanied by the immediate execution of share subscription agreements. Upon registration of this increase with the National Court Register, PlayWay S.A. maintains its position as the dominant majority shareholder, controlling 64% of the total equity. The remaining shares are distributed among five individual shareholders, with Mateusz Zawadzki holding 19%, Jakub Trzebiński holding 5%, and Maciej Latocha, Łukasz Stąporek, and Aleksy Uchański each holding 4%. This strategic move, centered in Warsaw, Poland, reflects the broader consolidation and capitalization trends within the Polish game development sector during the 2017 period. By securing a clear majority stake for PlayWay S.A., the company ensures centralized strategic oversight while providing minority stakes to key management and individual contributors. The transaction was disclosed in compliance with Market Abuse Regulation requirements regarding inside information, signaling a formalization of the corporate structure intended to support the long-term operational scaling of Ultimate Games S.A. within the PlayWay ecosystem.
Raport bieżący nr 26/2017 Data: 2017‑05‑10 godz. 20:14 Podjęcie uchwały o podwyższeniu kapitału zakładowego oraz objęcie akcji w Ultimate Games S.A. Zarząd PLAYWAY S.A. z siedzibą w Warszawie („Spółka”) w nawiązaniu do raportu bieżącego nr 23/2017 z dnia 8 maja br. informuje, iż w wykonaniu postanowień umowy pomiędzy akcjonariuszami zawartej w dniu 8 maja br. tj. PLAYWAY S.A. z siedzibą w Warszawie („Akcjonariusz 1”), Panem Jakubem Trzebińskim („Akcjonariusz 2”), Panem Mateuszem Zawadzkim („Akcjonariusz 3”), Panem Maciejem Latochą („Akcjonariusz 4”), Panem Łukaszem Stąporkiem („Akcjonariusz 5”) i Panem Aleksym Uchańskim („Akcjonariusz 6”) (łącznie jako „Akcjonariusze”) w dniu dzisiejszym Nadzwyczajne Walne Zgromadzenie Ultimate Games S.A. z siedzibą w Warszawie (następcy prawnego Ultimate Games Sp. z o.o. z siedzibą w Warszawie) („Ultimate Games”) podjęło uchwałę o podwyższeniu kapitału zakładowego Ultimate Games z kwoty 100.000 zł (sto tysięcy złotych) do kwoty 150.000 zł (sto pięćdziesiąt tysięcy złotych) poprzez emisję nowych akcji i przeznaczenie ich do objęcia dla Akcjonariuszy. W dniu dzisiejszym zostały także zawarte przez Spółkę oraz Akcjonariuszy umowy objęcia akcji w Ultimate Games. Po dokonaniu rejestracji podwyższenia kapitału zakładowego w sądzie rejestrowym KRS akcje w kapitale zakładowym Ultimate Games będą przedstawiały się w następujący sposób: a) Akcjonariusz 1 ‑ 64 %; b) Akcjonariusz 2 – 5 %; c) Akcjonariusz 3 – 19%; d) Akcjonariusz 4, 5 i 6 – po 4%. Podstawa prawna: Art. 17 ust. 1 MAR ‑ informacje poufne
akładowego w sądzie rejestrowym KRS akcje w kapitale zakładowym Ultimate Games będą przedstawiały się w następujący sposób: a) Akcjonariusz 1 ‑ 64 %; b) Akcjonariusz 2 – 5 %; c) Akcjonariusz 3 – 19%; d) Akcjonariusz 4, 5 i 6 – po 4%. Podstawa prawna: Art. 17 ust. 1 MAR ‑ informacje poufne ZA ZARZĄD: Krzysztof Kostowski Prezes Zarządu
PlayWay S.A. has formalized a strategic agreement with the shareholders of Ultimate Games S.A. to significantly increase the subsidiary's share capital. This corporate action, executed on May 31, 2017, follows a preliminary agreement established earlier that month and marks a transition in the company’s financial structure as it evolves from its legal predecessor, Ultimate Games Sp. z o.o. The primary objective of this move is to strengthen the capital base of the Warsaw-based developer and publisher to support its ongoing operations and growth within the gaming sector. The Extraordinary General Meeting of Ultimate Games S.A. passed a resolution to raise the share capital from 150,000 PLN to 400,000 PLN. This increase is facilitated through the issuance of 2,500,000 new shares, which were subscribed to by six key shareholders in exchange for a total cash contribution of 250,000 PLN. This capital injection reflects a coordinated effort between institutional and individual investors to solidify the company's market position. Following the registration of this capital increase with the National Court Register, the ownership structure of Ultimate Games S.A. is clearly defined. PlayWay S.A. maintains a dominant controlling interest with 60% of the shares. The remaining equity is distributed among five individual shareholders: Mateusz Zawadzki holds 20%, Jakub Trzebiński and Aleksy Uchański each hold 7%, and Maciej Latocha and Łukasz Stąporek each hold 3%. This distribution ensures that while PlayWay retains strategic control, key management and individual stakeholders remain financially aligned with the company’s performance.
PlayWay S.A. has formally announced a strategic capital increase for its subsidiary, Ultimate Games S.A., following a resolution passed during an Extraordinary General Meeting on June 19, 2017. This financial restructuring involves raising the share capital from 400,000 PLN to 500,000 PLN through the issuance of 1,000,000 new shares. These shares are priced at 1 PLN each and are being issued via a private subscription model in accordance with the Polish Commercial Companies Code. This move fulfills a prior shareholder agreement established in late May 2017 and represents a targeted effort to strengthen the subsidiary’s financial foundation. The primary objective of this capital injection is to accelerate the operational growth of Ultimate Games by securing both fresh funding and new shareholders. These resources are specifically earmarked for the development and publication of two new PC titles focused on hunting themes, both of which are scheduled for release in 2018. By expanding the capital base, the company aims to enhance its production capacity within the specialized simulation and sports niches of the gaming market. This corporate action reflects the broader expansion strategy of the PlayWay group within the Polish gaming industry during the 2017 fiscal period. The transition of Ultimate Games from a limited liability company to a joint-stock company, combined with this successful share issuance, positions the developer to scale its output and diversify its portfolio. The disclosure, filed under market abuse regulations, underscores the importance of internal capital reallocation and private investment in driving the development cycles of upcoming PC software titles.
The management of PlayWay S.A. announced a significant restructuring of the share capital within its subsidiary, Pyramid Games Sp. z o.o., following a resolution passed on August 2, 2018. The Extraordinary General Meeting of Shareholders approved an increase in the share capital from 12,500 PLN to 100,000 PLN. This expansion was achieved through the issuance of 1,750 new shares, which were subscribed to by existing shareholders and a group of nine new individual investors for a total consideration of 379,000 PLN. This financial maneuver resulted in a shift in the ownership structure of the Lublin-based development studio. Prior to this capital increase, PlayWay held a 60% stake in the company, which it had integrated into its capital group in 2017. Following the registration of the new shares with the National Court Register, PlayWay’s ownership interest adjusted to 55.10%. The remaining equity is distributed between the original individual shareholders, who hold 36.8%, and the newly joined individual investors, who collectively account for 8.10% of the company. The infusion of capital supports the ongoing operations of Pyramid Games during a period of active development. At the time of the announcement, the studio was focused on the production of its title Occupy Mars. This corporate action was disclosed in accordance with market abuse regulations regarding inside information, reflecting the strategic importance of subsidiary financing and equity distribution within the broader PlayWay ecosystem during the 2018 fiscal period.
The management board of PlayWay S.A. announced a significant corporate restructuring and capital injection into Baked Games Sp. z o.o., a development studio based in Czeladź. Following an extraordinary general meeting of shareholders held on May 24, 2018, a resolution was passed to increase the share capital of Baked Games from 5,000 PLN to 100,000 PLN. This expansion was facilitated through the issuance of 950 new shares, marking a substantial growth in the subsidiary's financial foundation. The capital increase involved participation from both private individuals and PlayWay S.A. acting as the primary investor. PlayWay committed a total contribution of 199,000 PLN to the entity. Upon the formal registration of this capital increase in the National Court Register, the ownership structure of Baked Games transitioned to a model where PlayWay S.A. holds a 44% stake, while the remaining 56% is distributed among three natural persons. This strategic move reflects PlayWay’s ongoing investment activities within the Polish game development sector during the 2018 fiscal period. By formalizing this equity stake, the investor secures a significant minority position in the studio, aligning with its broader business model of supporting and scaling specialized development teams. The transaction was disclosed in accordance with market abuse regulations regarding inside information, highlighting its material importance to PlayWay’s corporate portfolio and capital allocation strategy.