Related Documents
Legal
Raport Bieżący Nr 87/2017: Zawarcie Umowy Inwestycyjnej oraz Objęcie Udziałów w Spółce Total Games
PlayWay S.A. has formalized a strategic investment agreement to acquire a majority stake in the Warsaw-based developer Total Games Sp. z o.o. This transaction, executed in December 2017, involves a capital injection of 194,000 PLN by PlayWay and the acquisition of existing shares from a founding partner. Following the registration of the capital increase, PlayWay holds a 69% controlling interest in the entity, with the remaining shares distributed among three individual partners holding 15%, 15%, and 1% respectively. The primary objective of this investment is the development of the PC title Contraband Police, followed by subsequent gaming projects. The agreement includes specific performance-based incentives tied to the commercial success of this debut title. If the game generates a net profit of 1 million PLN within three months of its release—after accounting for all production and marketing costs—the company will issue additional shares to two key partners. This mechanism would adjust the ownership structure, allowing those partners to increase their respective stakes to 20% each. This corporate action represents a standard expansion of PlayWay’s portfolio of subsidiary development studios within the Polish gaming sector. The disclosure, mandated by European market abuse regulations, highlights the investor's focus on milestone-based equity distribution and the prioritization of the PC platform for its initial production cycle. The methodology of the transaction combines direct cash contributions for new shares with a secondary purchase of existing equity to consolidate control.
PlayWayDec 2017
Legal
Raport Bieżący Nr 10/2017
PlayWay S.A. has finalized an amendment to its investment agreement with the shareholders of Pyramid Games Sp. z o.o., a development studio based in Lublin, Poland. This agreement, concluded on February 22, 2017, marks a strategic expansion of PlayWay’s portfolio through the acquisition of a majority stake in the subsidiary. The amendment specifically increases the investor's financial commitment from the previously agreed 300,000 PLN to a total cash contribution of 330,000 PLN. Under the terms of the updated agreement, PlayWay has formally declared its accession to the company and its commitment to subscribe to new shares within the increased share capital. Upon the official registration of this capital increase in the National Court Register, PlayWay will hold a 60% controlling interest in Pyramid Games. The remaining shares continue to be held by the founding partners, including Jacek Wyszyński, Michał Skałba, Gwidon Budziak, Adrian Przydatek, and Damian Chalimoniuk. The primary objective of this capital injection is to fund the development of new software projects, specifically targeting the production of a simulation title currently operating under the working title Motorcycle Mechanic. This investment aligns with the broader industry trend of established publishers securing majority stakes in specialized development teams to diversify their product catalogs. The transaction was conducted under the legal framework of the Market Abuse Regulation regarding the disclosure of inside information by public companies.
PlayWayFeb 2017
Legal
Raport Bieżący Nr 18/2017
PlayWay S.A. has formally expanded its development portfolio through the acquisition of a majority stake in Imaginalis Games, a studio based in Lublin, Poland. This transaction, finalized on March 22, 2017, follows the execution of an investment agreement previously established with Dariusz Janczak. By contributing a cash investment of 350,400 PLN toward an increase in share capital, PlayWay has secured a 60% ownership interest in the entity. This strategic move integrates Imaginalis Games into the broader PlayWay ecosystem, aligning with the parent company’s established model of investing in specialized development teams to diversify its product pipeline. The primary objective of this capital injection is to fund the production of a new title currently under the working name Days of Yore, which is being developed specifically for the PC platform. The financial commitment ensures that the studio has the necessary resources to complete the project while benefiting from the publishing and marketing infrastructure of a major industry player. This acquisition reflects a specific point in time within the Polish game development sector, highlighting the ongoing consolidation and investment activity occurring in early 2017. The transaction was conducted in accordance with Article 17, Paragraph 1 of the Market Abuse Regulation, which governs the disclosure of confidential information by publicly traded companies. By securing a controlling interest, PlayWay gains significant influence over the strategic direction of Imaginalis Games and the commercialization of its intellectual property. This investment underscores a broader industry trend where established publishers provide targeted funding to smaller studios in exchange for equity and distribution rights, focusing on specific genre niches within the global PC gaming market.
PlayWayMar 2017
Legal
Raport bieżący nr 3/2021
PlayWay S.A. has entered into a formal investment agreement to acquire a significant minority stake in Platynowe Inwestycje Spółka Europejska, marking a strategic pivot for the target entity into the gaming sector. Under the terms of the agreement signed on February 1, 2021, PlayWay will acquire 32.86% of the share capital by taking over Series H shares and purchasing Series F and G shares from Patro Invest. This transaction is part of a broader consortium effort involving individual gaming industry investors and Delphine Group S.A., who together aim to control a combined 72.61% of the company following a planned capital increase. The primary objective of this acquisition is to transform Platynowe Inwestycje into a multi-team development hub. The new business model focuses on creating a decentralized structure where various development teams operate as both creators and shareholders. Individual investors Marek Parzyński, Piotr Karbowski, and Bartosz Graś are tasked with recruiting these teams and will distribute the majority of their own shares to developers through incentive programs. This strategy is designed to align the interests of the workforce with the company's market valuation, theoretically driving higher productivity and long-term commitment from the creative staff. The scope of this agreement is centered on the Polish gaming market and follows a comprehensive due diligence process covering legal, tax, and financial aspects, which yielded no irregularities. PlayWay has indicated that it does not currently plan to alter its percentage ownership following the completion of the acquisition. This move reflects a broader industry trend of utilizing equity-based motivation to secure talent in a competitive development landscape, leveraging PlayWay’s established position to foster a new ecosystem of developer-owned studios.
PlayWayFeb 2021