LegalPlayWay
Current Report No. 11/2021: List of Shareholders Holding Over 5% of Votes
30 Mar 20211 pages~1 min full read
Founder and President Krzysztof Kostowski held 40.91% of total voting rights at PlayWay S.A. as of March 2021, maintaining a dominant founder-led governance model.
ACRX Investments Limited, based in Nicosia, Cyprus, held 20.45% of the company's total voting power.
At the March 30, 2021, Extraordinary General Meeting, Kostowski and ACRX Investments combined to control over 95% of the votes cast.
During the March 2021 meeting, Krzysztof Kostowski exercised 2,700,000 votes, representing 63.73% of the total votes cast at that specific session.
ACRX Investments Limited exercised 1,350,000 votes during the March 2021 meeting, accounting for 31.87% of the votes cast.
Institutional and minority shareholders had minimal impact on the outcomes of the March 2021 Extraordinary General Meeting due to the high concentration of voting power among the two primary entities.
The ownership structure of PlayWay S.A. during its Extraordinary General Meeting held on March 30, 2021, reveals a high concentration of voting power among two primary entities. As a leading Polish game developer and publisher listed on the Warsaw Stock Exchange, the company disclosed these holdings in compliance with national transparency regulations regarding public offerings and shareholder rights. The data reflects the specific voting distribution present at the meeting, which may differ from the total share capital distribution depending on shareholder attendance.
Krzysztof Kostowski, the company’s founder and President of the Management Board, maintained the dominant position during the proceedings. He held 2,700,000 votes, representing 63.73% of the votes cast at the Extraordinary General Meeting and 40.91% of the total voting rights within the company. This level of control underscores a founder-led governance model common in the Polish gaming sector, where strategic direction remains closely tied to original leadership.
The second major participant identified was ACRX Investments Limited, based in Nicosia, Cyprus. This entity held 1,350,000 votes, accounting for 31.87% of the votes at the meeting and 20.45% of the company’s overall voting power. Together, these two shareholders represented over 95% of the votes exercised during this specific session, indicating that institutional and minority shareholders had a minimal impact on the immediate outcomes of the March 2021 assembly. This snapshot provides a clear view of the internal power dynamics and capital concentration within one of Poland’s most prominent gaming conglomerates during the first quarter of 2021.
