PlayWay S.A. increased the share capital of its subsidiary Atomic Jelly Sp. z o.o. from 200,000 PLN to 258,250 PLN via the issuance of 233 new shares.
A new investor acquired the 233 new shares for a total investment of 2.56 million PLN, resulting in PlayWay S.A. retaining a 50.34% majority stake in the studio.
The capital injection is intended to strengthen Atomic Jelly’s financial base to support the development of seven PC titles currently in the pre-production phase.
Atomic Jelly utilizes a strategic development model where sales potential is evaluated during pre-production to determine which projects receive full production funding.
The resolution regarding the capital increase was formally passed by the management board on February 21, 2019.
This transaction reflects a broader 2019 trend in the Polish gaming sector of using market research to guide production resource allocation for PC-focused studios.
The management board of PlayWay S.A. announced a formal resolution passed on February 21, 2019, regarding a capital increase for its subsidiary, Atomic Jelly Sp. z o.o., based in Poznań. The Extraordinary General Meeting of Shareholders approved raising the share capital from 200,000 PLN to 258,250 PLN. This expansion was facilitated through the issuance of 233 new shares, which were acquired by a new legal entity for a total investment of 2.56 million PLN.
Following the formal registration of this capital increase in the National Court Register, PlayWay S.A. maintains a majority stake of 50.34% in Atomic Jelly. This financial restructuring serves to strengthen the subsidiary's capital base as it executes its development pipeline. At the time of the announcement, Atomic Jelly was engaged in the pre-production phase of seven distinct titles for the PC platform. The company’s strategic approach involves evaluating the sales potential of these various concepts during the pre-production stage to determine which projects will receive full production resources.
This corporate action reflects the broader investment strategy within the Polish game development sector during early 2019, specifically focusing on the PC gaming segment. The transaction highlights the valuation of specialized development studios and the methodology of using market potential research to guide production decisions. The disclosure was made in compliance with market abuse regulations regarding the release of inside information by publicly traded entities on the Warsaw Stock Exchange.
