- 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.