LegalPlayWay
Informacja o Zakończeniu Procesu Budowy Księgi Popytu na Akcje SimFabric S.A.
14 Oct 20222 pages~4 min full read
PlayWay S.A. completed the sale of its entire 44.96% stake in SimFabric S.A. on October 14, 2022, marking a total exit from the developer.
See it on page 1The transaction involved the sale of 2,810,000 shares at a fixed price of 2.00 PLN per share.
See it on page 1The settlement of the share transfer was scheduled for October 17, 2022, officially ending PlayWay's ownership in SimFabric.
See it on page 1The divestment was executed through an accelerated book-building process targeting institutional and qualified investors within the Polish capital market.
See it on page 2The sale was conducted in compliance with the Market Abuse Regulation (MAR) and restricted to specific jurisdictions, excluding the U.S., Australia, Canada, South Africa, and Japan.
See it on page 2This divestment represents a strategic portfolio rebalancing for PlayWay S.A. regarding its subsidiary holdings in the Polish gaming sector.
See it on page 1PlayWay S.A. announced the successful completion of the book-building process for the sale of its entire remaining stake in SimFabric S.A. on October 14, 2022. This transaction marks a significant divestment for PlayWay, a major player in the Polish gaming sector, as it exits its position in the Warsaw Stock Exchange-listed developer. The sale involves 2,810,000 dematerialized shares, representing 44.96% of the total voting rights and share capital of SimFabric.
The sale price was established at 2.00 PLN per share. Following the settlement of this transaction, scheduled for October 17, 2022, PlayWay will no longer hold any shares in SimFabric. This move follows an initial announcement made on October 5, 2022, regarding the intent to launch the accelerated book-building process. The transaction was conducted under the legal framework of the Market Abuse Regulation (MAR) and was restricted to specific jurisdictions, excluding the United States, Australia, Canada, South Africa, and Japan to comply with international securities laws.
The scope of this action is focused on the Polish capital market, specifically targeting institutional or qualified investors capable of participating in such book-building processes. The divestment reflects a strategic shift or portfolio rebalancing by PlayWay regarding its subsidiary holdings. While the document provides the financial terms and volume of the sale, it also cautions potential investors about the inherent risks associated with equity instruments and the specific operational environment of SimFabric S.A. within the gaming industry.
