LegalPlayWay
Current Report No. 18/2016: Introduction to Trading of Series I Shares
16 Nov 20162 pages~2 min full read
PlayWay S.A. transitioned 600,000 series I ordinary bearer shares to the Warsaw Stock Exchange Main Market on November 22, 2016.
The transition involved converting allotment certificates into ordinary shares, effectively terminating the trading of rights to shares.
The final day for trading rights to the series I shares, previously identified by code PLPLAYW00031, was November 21, 2016.
As of November 22, 2016, the 600,000 series I shares were officially registered under the new identification code PLPLAYW00015.
Each of the 600,000 series I shares carries a nominal value of 0.10 PLN.
The administrative process was completed in compliance with Polish financial regulations governing the disclosure of current and periodic information by securities issuers.
PlayWay S.A. announced a significant transition in its public listing status on the Warsaw Stock Exchange following the receipt of formal resolutions from the exchange management board in November 2016. The primary objective of these administrative actions was to finalize the conversion of allotment certificates into ordinary shares, marking a key milestone in the company’s capital market presence. This process involved the termination of trading for rights to shares and the subsequent introduction of the underlying series I shares to the Main Market.
The transition specifically concerned 600,000 series I ordinary bearer shares, each carrying a nominal value of 0.10 PLN. According to the established timeline, the final day of trading for the rights to these shares, previously identified by the National Depository for Securities (KDPW) under the code PLPLAYW00031, was set for November 21, 2016. This step cleared the way for the full integration of the series I shares into the parallel market.
Effective November 22, 2016, the 600,000 series I shares were introduced to exchange trading under the standard procedure. This introduction was contingent upon the KDPW successfully registering the shares and updating their identification to the code PLPLAYW00015 on the same date. These actions were conducted in accordance with Polish financial regulations regarding current and periodic information provided by securities issuers, ensuring the company met all legal requirements for its continued listing on the Warsaw Stock Exchange.
