Raport Bieżący Nr 1/2017

Key insights

5 takeaways · ~2 min read

01
PlayWay S.A. acquired a 79% majority stake in the Kraków-based developer Pentacle Sp. z o.o. through a capital restructuring agreement finalized on January 10, 2017.
02
PlayWay invested 237,000 zł in cash to secure its majority ownership position in Pentacle.
03
The capital injection is specifically earmarked to fund the completion of the video game title 'The Works of Mercy'.
04
Following the transaction, the remaining ownership of Pentacle is distributed between two individual partners, with 20% held by Partner 1 and 1% held by Partner 2.
05
The investment represents a strategic move by PlayWay S.A. to expand its portfolio through direct financing and control of specific game production projects.

Summary

The announcement serves to disclose the execution of an investment agreement between PLAYWAY S.A., a Warsaw‑based corporation, and two individual partners, Pawel Cincio and Jakub Trzebiński, concerning the capital restructuring of Pentacle Sp. z o.o., a limited liability company located in Kraków. The core transaction involves PLAYWAY’s commitment to inject 237,000 zł in cash in exchange for newly issued shares, thereby raising Pentacle’s authorized capital and altering its ownership composition.

Following the capital increase, PLAYWAY will hold a dominant 79 % stake in Pentacle, while Partner 1 will receive 20 % and Partner 2 will retain 1 %. The financial contribution is earmarked specifically for the completion of the development of the video game titled “The Works of Mercy,” indicating a strategic focus on expanding PLAYWAY’s portfolio through direct involvement in game production.

The communication, dated 10 January 2017, references the applicable legal framework under Article 17 paragraph 1 of the Market Abuse Regulation, classifying the information as confidential. The scope of the disclosure is limited to the Polish market, involving corporate entities and individual investors, and pertains to a single transaction within the broader video‑game development sector. No broader survey or statistical methodology is employed, as the content is a straightforward corporate filing.