Legal

Podjęcie Uchwały o Podwyższeniu Kapitału Zakładowego oraz Objęcie Akcji w Ultimate Games S.A.

10 May 20171 pages286 words

Summary

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.

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Podjęcie Uchwały o Podwyższeniu Kapitału Zakładowego oraz Objęcie Akcji w Ultimate Games S.A.

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