Legal

ESPI Current Report No. 16/2025

1 October 20253 pages1,075 words

Summary

PlayWay S.A. announced the successful completion of its Series J share subscription on September 30, 2025. This issuance was conducted as part of the company’s 2023–2025 Incentive Program for Management Board members, specifically addressing the settlement for the 2024 financial year. The transaction involved the private subscription of 66,000 ordinary bearer shares by Krzysztof Kostowski, the President of the Management Board. The shares were issued at a nominal price of 0.10 PLN per share, resulting in a total subscription value of 6,600 PLN. All shares were acquired through cash contributions. The issuance was executed under the authority of the Management Board to increase share capital within authorized limits, which included the total exclusion of pre-emptive rights for existing shareholders. The total costs associated with the issuance amounted to 9,010 PLN, which exceeded the total value of the shares issued. These costs included 1,015 PLN for offer preparation and 7,995 PLN for registration and listing fees. Consequently, the average cost per share for the subscription was approximately 0.14 PLN. PlayWay S.A. confirmed that these expenses would be accounted for as a reduction in the company’s supplementary capital. No costs were incurred for underwriting, prospectus preparation, or promotional activities, as the offer was directed solely to a single internal participant.

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ESPI Current Report No. 16/2025

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