Related Documents
Legal
Raport Bieżący Nr 10/2022
This corporate notification from PCF Group S.A., a Warsaw-based game development studio known as People Can Fly, details a strategic restructuring of its governing bodies conducted on May 31, 2022. The primary purpose of the action was to address legal ambiguities regarding the expiration of mandates for the Supervisory Board and the President of the Management Board. To avoid potential controversy over whether terms would naturally expire in 2022 or 2023, all current officials resigned effective as of the 2021 Annual General Meeting to facilitate an immediate transition into a second joint term. The restructuring involved the resignation of five Supervisory Board members: Mikołaj Wojciechowski, Barbara Sobowska, Dagmara Zawadzka, Kuba Dudek, and Jacek Pogonowski. Following these resignations, a group of authorized shareholders—including Sebastian Wojciechowski, Bartosz Kmita, Bartosz Biełuszko, and Krzysztof Dolaś—exercised their personal rights under the company’s articles of association to appoint the new board. Mikołaj Wojciechowski was reappointed as Chairman, with Barbara Sobowska and Kuba Dudek also returning as members for the second term. Simultaneously, Sebastian Wojciechowski resigned from his position as President of the Management Board and immediately reappointed himself to the same role for a new term, utilizing his personal shareholder rights. The professional profiles provided for the appointees highlight a leadership team with extensive backgrounds in law, venture capital, digital media, and finance. The appointees confirmed they hold no conflicting business interests and are not listed in the Register of Insolvent Debtors. This administrative maneuver ensures legal continuity and clarity for the company’s leadership as it moves past the 2021 fiscal year reporting period.
PCF GroupMay 2022
Legal
Raport Bieżący Nr 3/2022
PCF Group S.A., the Warsaw-based parent company of the game development studio People Can Fly, announced a formal change to its corporate governance structure effective March 3, 2022. Dr. Aleksander Marcin Ferenc submitted his resignation from the company’s Supervisory Board, concluding his tenure in that specific oversight role on the same day the notice was issued. This regulatory disclosure was made in accordance with Polish financial regulations regarding current and periodic information provided by securities issuers. While Dr. Ferenc stepped down from his position on the Supervisory Board, his professional relationship with the group transitioned into a strategic operational capacity rather than a complete departure. Following his resignation, he began supporting the People Can Fly Group specifically within the areas of mergers, acquisitions, and integration. This shift suggests a refocusing of his expertise toward the company's inorganic growth strategies and the organizational consolidation of acquired entities. The management and the remaining members of the Supervisory Board formally acknowledged his contributions to the company’s governance during his term. This transition occurred during a period where the studio, known for titles such as Outriders and Gears of War: Judgment, maintained a public listing on the Warsaw Stock Exchange, necessitating transparent reporting of all leadership changes. The announcement serves as a standard legal notification to investors regarding shifts in the composition of the company’s high-level oversight bodies.
PCF GroupMar 2022
Legal
Raport Bieżący Nr 63/2018
The management board of PlayWay S.A., a prominent Polish game developer and publisher listed on the Warsaw Stock Exchange, issued a formal notification regarding a change in its corporate governance structure in late 2018. The primary purpose of the communication was to announce the resignation of Dominik Nowak from his position as a member of the Company’s Supervisory Board. This personnel change was initiated by the board member himself, who cited personal reasons for his departure from the oversight body. The resignation was formally submitted on December 4, 2018, and was designated to take effect the following day, December 5, 2018. This transition occurred within the context of the Polish gaming industry and specifically concerned the internal leadership of a major entity known for its extensive portfolio of simulation and indie titles. The announcement was made in accordance with the legal requirements set forth by the Minister of Finance regarding current and periodic information provided by issuers of securities. This administrative update serves as a record of a specific shift in the supervisory oversight of PlayWay S.A. during the fourth quarter of 2018. The notification was signed by Krzysztof Kostowski, the President of the Management Board, ensuring compliance with transparency standards required for publicly traded companies in the Polish capital market. No further details regarding a successor or the specific nature of the personal reasons were disclosed, maintaining a standard professional focus on the immediate impact on the board's composition.
PlayWayDec 2018
Legal
Raport bieżący nr 46/2020: Otrzymanie rezygnacji od Członka Rady Nadzorczej PlayWay S.A.
PlayWay S.A., a prominent Polish game developer and publisher, issued a formal corporate notification on November 27, 2020, regarding a significant change in its internal governance structure. The primary purpose of the communication is to announce the immediate resignation of Grzegorz Czarnecki from his position as a member of the Supervisory Board. This change became effective at the close of the business day on the date of the announcement, marking a transition in the oversight body of the Warsaw-based company. The resignation was submitted without an explicit statement of cause, which is a standard occurrence in corporate governance filings of this nature. The scope of this action is limited to the administrative and supervisory level of PlayWay S.A. and does not detail any immediate impact on the company’s operational game development or publishing activities. This personnel change is framed within the context of the Polish capital market regulations, specifically adhering to the Act on Public Offering and the conditions for providing current and periodic information by issuers of securities. The methodology for this disclosure follows the strict legal requirements set by the Minister of Finance regarding the transparency of public companies listed on the Warsaw Stock Exchange. By fulfilling these reporting obligations, the management board, led by CEO Krzysztof Kostowski, ensures that investors and regulatory bodies are kept informed of shifts in the composition of the company’s governing bodies. This event represents a specific moment in the company’s 2020 corporate history, reflecting the ongoing evolution of its leadership and supervisory personnel.
PlayWayNov 2020