Information on the Start of Building a Demand Ledger for SimFabric Shares

PlayWay S.A., a prominent Polish game developer and publisher, initiated the sale of its entire stake in SimFabric S.A. on October 5, 2022. The transaction involves the disposal of up to 2,810,000 shares, representing 44.96% of the total share capital and voting rights in SimFabric. Ipopema Securities S.A. was appointed to manage the accelerated book-building process, which targeted selected domestic and international institutional investors.

The divestment strategy is driven by an internal review of synergies among PlayWay Group companies listed on the Warsaw Stock Exchange. Management determined that SimFabric’s development strategy no longer sufficiently aligned with the parent company's broader objectives. Capital raised from this sale is earmarked for reinvestment into existing and future subsidiaries and development teams within the PlayWay ecosystem.

The transaction was structured as a public offering exempt from the requirement to publish a formal prospectus under European Union and Polish regulations. While the process was expected to conclude by October 14, 2022, the terms granted PlayWay the flexibility to adjust the volume of shares or cancel the offering without providing a specific reason. Depending on the final volume sold, the seller may also be subject to lock-up agreements regarding any residual holdings. The offering was specifically restricted from certain jurisdictions, including the United States, Canada, Japan, and Australia, to comply with international securities laws.