LegalPlayWay
Raport Bieżący Nr 3/2023: Zakończenie Budowy Księgi Popytu na Akcje Movie Games S.A.
25 Jan 20232 pages~4 min full read
PlayWay S.A. completed the sale of its entire 33.43% stake in Movie Games S.A. on January 25, 2023.
See it on page 1The divestment involved the sale of 860,152 shares at a fixed price of 23.00 PLN per share.
See it on page 1Following the final settlement on January 26, 2023, PlayWay S.A. holds zero shares in Movie Games S.A., marking a complete strategic exit.
See it on page 1The transaction was executed via an accelerated book-building process targeted exclusively at investors within Poland.
See it on page 1The shares were not registered for sale in international markets, including the United States, Australia, Canada, Japan, or South Africa.
See it on page 1Movie Games S.A. remains a developer and publisher listed on the regulated market of the Warsaw Stock Exchange despite the change in ownership.
See it on page 1PlayWay S.A. announced the successful completion of the book-building process for the sale of its entire stake in Movie Games S.A. on January 25, 2023. This transaction involved the disposal of 860,152 dematerialized shares, representing 33.43% of the total voting rights and share capital of Movie Games S.A. The sale price was established at 23.00 PLN per share, with the formal execution of the transaction scheduled for January 26, 2023.
The scope of this divestment is significant as it results in PlayWay S.A. holding no remaining shares in Movie Games S.A. following the final settlement. Movie Games S.A. is a developer and publisher listed on the regulated market of the Warsaw Stock Exchange. This move indicates a strategic exit by PlayWay from its position in this specific subsidiary or partner entity within the Polish gaming sector.
The process was conducted under the legal framework of the Market Abuse Regulation (MAR) regarding inside information. The transaction was targeted at investors within Poland, as the report explicitly notes that the shares were not registered for sale in international jurisdictions such as the United States, Australia, Canada, Japan, or South Africa. The announcement serves as a formal regulatory disclosure to the Polish Financial Supervision Authority and the public market, confirming the pricing and volume of the accelerated book-building process.
