PlayWay S.A. approved a dividend payout of 19.39 PLN per share for the 2023 fiscal period.
The total dividend expenditure for the company's 6,600,000 ordinary bearer shares amounts to 127,974,000 PLN.
Shareholder eligibility for the dividend was determined by the record date of August 22, 2023.
The disbursement of dividend funds to eligible investors took place on August 29, 2023.
The dividend distribution was formally approved during the company's Ordinary General Meeting held on June 30, 2023.
This financial action reflects PlayWay S.A.'s strategy for returning value to shareholders based on cash flow from its gaming portfolio.
The management board of PlayWay S.A., a prominent Polish game developer and publisher, formalized the distribution of corporate profits through a dividend payment approved during the Ordinary General Meeting held on June 30, 2023. This financial action involves the allocation of capital to all 6,600,000 ordinary bearer shares issued by the company. The resolution establishes a specific payout ratio of 19.39 PLN per share, resulting in a total dividend expenditure of 127,974,000 PLN.
The timeline for this capital distribution is structured around two critical dates in the third quarter of 2023. The dividend record date, which determines shareholder eligibility for the payout, was set for August 22, 2023. Following this, the actual disbursement of funds to eligible investors was scheduled for August 29, 2023. This move reflects the company's strategy regarding shareholder returns and its ability to generate significant cash flow from its extensive portfolio of gaming titles.
This disclosure complies with Polish regulatory requirements for public companies listed on the Warsaw Stock Exchange, specifically adhering to transparency standards regarding current and periodic information. The announcement serves as a definitive statement on the company's profit allocation for the preceding fiscal period, highlighting a substantial return of value to its investor base within the broader context of the European gaming industry.