LegalPlayWay
Raport Bieżący Nr 14/2016: Rejestracja Podwyższenia Kapitału Zakładowego i Zmian Statutu Spółki
8 Nov 20162 pages~3 min full read
PlayWay S.A. increased its share capital from 600,000 PLN to 660,000 PLN, effective November 7, 2016.
See it on page 1The company issued 600,000 new Series I bearer shares, each with a nominal value of 0.10 PLN.
See it on page 2The total number of outstanding shares for PlayWay S.A. rose from 6,000,000 to 6,600,000 following the issuance.
See it on page 1The District Court for the Capital City of Warsaw formally registered the capital increase and the corresponding amendments to the company’s Articles of Association.
See it on page 1Paragraph 6 of the company’s Articles of Association was officially revised to reflect the updated equity structure.
See it on page 1The capital expansion follows the company’s public share offering and aligns its legal framework with its status as a listed entity on the Polish capital market.
See it on page 1PlayWay S.A., a prominent Polish video game developer and publisher, officially announced the judicial registration of an increase in its share capital and corresponding amendments to its Articles of Association. The District Court for the Capital City of Warsaw recorded these changes on November 7, 2016, following a series of resolutions passed by the General Meeting of Shareholders earlier that year. This corporate action reflects the company’s transition through a public share offering and its regulatory compliance as a listed entity in the Polish capital market.
The share capital was increased from 600,000 PLN to 660,000 PLN. This adjustment was achieved through the issuance of 600,000 Series I bearer shares, each carrying a nominal value of 0.10 PLN. Consequently, the total number of shares comprising the company’s share capital rose from 6,000,000 to 6,600,000. The new Series I shares join existing series A through H, maintaining a uniform nominal value across all equity classes.
The formal registration also necessitated a revision of Paragraph 6 of the company’s Articles of Association to reflect the updated capital structure. While the company noted it had not yet received the physical delivery of the court's decision at the time of the announcement, the information was verified through the National Court Register’s central database. This update serves as a critical administrative milestone for PlayWay S.A. following its public offering, ensuring that its legal and statutory framework aligns with its expanded equity base.
