Updated Mar 17, 2026 by PlayWay
PlayWay S.A. President Krzysztof Kostowski has formally waived his right to subscribe to 66,000 new ordinary bearer shares allocated as performance-based compensation for the 2023 fiscal year.
The waiver of these shares, which carry a nominal value of 0.10 PLN each, effectively cancels the planned share issuance for the 2023 incentive program cycle.
Because the President was the sole individual eligible for the 2023 allocation, no other parties will be offered these shares, and the issuance process is now concluded.
The decision to forgo the equity rights ensures that the company’s planned share volume will not increase, preventing potential dilution of existing shares.
The Supervisory Board confirmed on July 18, 2024, that the conditions for executive share acquisition had been met, despite the subsequent voluntary forfeiture by the President.
This administrative action aligns with the regulatory guidelines established by the Ordinary General Meeting in June 2023 and the subsequent amendments from June 2024.
PlayWay S.A. President Krzysztof Kostowski has formally waived his right to subscribe to 66,000 new ordinary bearer shares allocated as performance-based compensation for the 2023 fiscal year.
The waiver of these shares, which carry a nominal value of 0.10 PLN each, effectively cancels the planned share issuance for the 2023 incentive program cycle.
Because the President was the sole individual eligible for the 2023 allocation, no other parties will be offered these shares, and the issuance process is now concluded.
The decision to forgo the equity rights ensures that the company’s planned share volume will not increase, preventing potential dilution of existing shares.
The Supervisory Board confirmed on July 18, 2024, that the conditions for executive share acquisition had been met, despite the subsequent voluntary forfeiture by the President.
This administrative action aligns with the regulatory guidelines established by the Ordinary General Meeting in June 2023 and the subsequent amendments from June 2024.