PlayWay S.A. has completed the full divestment of its 44.96% stake in SimFabric S.A., resulting in the total cessation of all equity and voting rights in the subsidiary.
The transaction involved the sale of 2,810,000 shares at a price of 2.00 PLN per share.
The divested shares represented 44.96% of the total voting rights at the General Meeting of SimFabric S.A., which is listed on the Warsaw Stock Exchange.
The shares sold had a nominal value of 0.10 PLN each, marking a definitive exit for PlayWay S.A. from its position in the company.
The divestment was finalized and settled in October 2022, following previous corporate communications regarding the planned exit.
The transaction was executed in accordance with Polish public offering laws and the European Union’s Market Abuse Regulation.
PlayWay S.A., a prominent Warsaw-based game developer and publisher, has finalized the complete divestment of its ownership stake in SimFabric S.A. This regulatory disclosure, issued in October 2022, confirms the settlement of a transaction involving the sale of 2,810,000 shares. These shares represented a significant 44.96% interest in the total voting rights at the General Meeting of SimFabric S.A., a company listed on the regulated market of the Warsaw Stock Exchange.
The financial terms of the divestment involved a sale price of 2.00 PLN per share, with each share carrying a nominal value of 0.10 PLN. Following the settlement of this transaction, PlayWay S.A. no longer holds any equity interest or voting rights in SimFabric S.A. This move marks a definitive exit for the parent company from its substantial position in the subsidiary, concluding a process previously outlined in earlier corporate communications from the same month.
The transaction was executed in compliance with Polish public offering laws and the European Union’s Market Abuse Regulation regarding the disclosure of inside information. By liquidating its entire holding of over 2.8 million shares, PlayWay S.A. has effectively shifted its portfolio composition within the Polish gaming sector. The notification serves as a formal update to investors and regulatory bodies concerning the change in major shareholdings and the resulting lack of capital ties between the two entities.