Legal

Raport Bieżący Nr 18/2017

22 March 20171 pages170 words

Summary

PlayWay S.A. has formally expanded its development portfolio through the acquisition of a majority stake in Imaginalis Games, a studio based in Lublin, Poland. This transaction, finalized on March 22, 2017, follows the execution of an investment agreement previously established with Dariusz Janczak. By contributing a cash investment of 350,400 PLN toward an increase in share capital, PlayWay has secured a 60% ownership interest in the entity. This strategic move integrates Imaginalis Games into the broader PlayWay ecosystem, aligning with the parent company’s established model of investing in specialized development teams to diversify its product pipeline. The primary objective of this capital injection is to fund the production of a new title currently under the working name Days of Yore, which is being developed specifically for the PC platform. The financial commitment ensures that the studio has the necessary resources to complete the project while benefiting from the publishing and marketing infrastructure of a major industry player. This acquisition reflects a specific point in time within the Polish game development sector, highlighting the ongoing consolidation and investment activity occurring in early 2017. The transaction was conducted in accordance with Article 17, Paragraph 1 of the Market Abuse Regulation, which governs the disclosure of confidential information by publicly traded companies. By securing a controlling interest, PlayWay gains significant influence over the strategic direction of Imaginalis Games and the commercialization of its intellectual property. This investment underscores a broader industry trend where established publishers provide targeted funding to smaller studios in exchange for equity and distribution rights, focusing on specific genre niches within the global PC gaming market.

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Raport Bieżący Nr 87/2017: Zawarcie Umowy Inwestycyjnej oraz Objęcie Udziałów w Spółce Total Games

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investment mergers-acquisitions europe

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Raport Bieżący Nr 18/2017

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