PlayWay S.A. increased the share capital of its subsidiary Woodland Games from 300,000 PLN to 541,100 PLN via the issuance of 2,411 new shares.

According to "Raport Bieżący Nr 13/2019": PlayWay S.A. increased the share capital of its subsidiary Woodland Games from 300,000 PLN to 541,100 PLN via the issuance of 2,411 new shares.

The capital increase was finalized for a total consideration of 241,000 PLN, with shares acquired by both a legal entity and individual developers.

According to "Raport Bieżący Nr 13/2019": The capital increase was finalized for a total consideration of 241,000 PLN, with shares acquired by both a legal entity and individual developers.

Following the registration of the capital increase, PlayWay S.A. retains a controlling interest of 53.96% in Woodland Games.

According to "Raport Bieżący Nr 13/2019": Following the registration of the capital increase, PlayWay S.A. retains a controlling interest of 53.96% in Woodland Games.

Woodland Games is currently utilizing its expanded capital base to develop the PC title 'Split' alongside three additional projects in pre-production.

According to "Raport Bieżący Nr 13/2019": Woodland Games is currently utilizing its expanded capital base to develop the PC title 'Split' alongside three additional projects in pre-production.

The equity-based partnership model is being used by PlayWay S.A. to align the financial interests of creative staff with the studio's performance.

According to "Raport Bieżący Nr 13/2019": The equity-based partnership model is being used by PlayWay S.A. to align the financial interests of creative staff with the studio's performance.

The transaction was formally approved by the Extraordinary General Meeting of Shareholders on March 5, 2019.

According to "Raport Bieżący Nr 13/2019": The transaction was formally approved by the Extraordinary General Meeting of Shareholders on March 5, 2019.

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Key Insights

Raport Bieżący Nr 13/2019

PlayWay~1 min full read

01
PlayWay S.A. increased the share capital of its subsidiary Woodland Games from 300,000 PLN to 541,100 PLN via the issuance of 2,411 new shares.
02
The capital increase was finalized for a total consideration of 241,000 PLN, with shares acquired by both a legal entity and individual developers.
03
Following the registration of the capital increase, PlayWay S.A. retains a controlling interest of 53.96% in Woodland Games.
04
Woodland Games is currently utilizing its expanded capital base to develop the PC title 'Split' alongside three additional projects in pre-production.
05
The equity-based partnership model is being used by PlayWay S.A. to align the financial interests of creative staff with the studio's performance.
06
The transaction was formally approved by the Extraordinary General Meeting of Shareholders on March 5, 2019.

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