Movie Games S.A., an associate of PlayWay S.A., has initiated a strategic capital increase and a public listing process on the Warsaw Stock Exchange’s NewConnect market.

According to "Current Report No. 19/2018": Movie Games S.A., an associate of PlayWay S.A., has initiated a strategic capital increase and a public listing process on the Warsaw Stock Exchange’s NewConnect market.

The company is expanding its share capital from 2,464,791 PLN to a maximum of 2,714,791 PLN through the issuance of up to 250,000 Series H ordinary bearer shares.

According to "Current Report No. 19/2018": The company is expanding its share capital from 2,464,791 PLN to a maximum of 2,714,791 PLN through the issuance of up to 250,000 Series H ordinary bearer shares.

The Series H shares have a nominal value of 1 PLN each and are being issued via private subscription, allowing the management board to select investors and set the final offer price.

According to "Current Report No. 19/2018": The Series H shares have a nominal value of 1 PLN each and are being issued via private subscription, allowing the management board to select investors and set the final offer price.

The company has mandated the dematerialization of all share series (A through H) and their registration with the National Depository for Securities (KDPW) to facilitate the NewConnect listing.

According to "Current Report No. 19/2018": The company has mandated the dematerialization of all share series (A through H) and their registration with the National Depository for Securities (KDPW) to facilitate the NewConnect listing.

These corporate actions, finalized in April 2018, are intended to increase the developer's liquidity, market visibility, and funding for its development pipeline.

According to "Current Report No. 19/2018": These corporate actions, finalized in April 2018, are intended to increase the developer's liquidity, market visibility, and funding for its development pipeline.

The transition to a publicly traded entity subjects the Warsaw-based developer to the corporate governance oversight of the Warsaw Stock Exchange.

According to "Current Report No. 19/2018": The transition to a publicly traded entity subjects the Warsaw-based developer to the corporate governance oversight of the Warsaw Stock Exchange.

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Key Insights

Current Report No. 19/2018

PlayWay~2 min full read

01
Movie Games S.A., an associate of PlayWay S.A., has initiated a strategic capital increase and a public listing process on the Warsaw Stock Exchange’s NewConnect market.
02
The company is expanding its share capital from 2,464,791 PLN to a maximum of 2,714,791 PLN through the issuance of up to 250,000 Series H ordinary bearer shares.
03
The Series H shares have a nominal value of 1 PLN each and are being issued via private subscription, allowing the management board to select investors and set the final offer price.
04
The company has mandated the dematerialization of all share series (A through H) and their registration with the National Depository for Securities (KDPW) to facilitate the NewConnect listing.
05
These corporate actions, finalized in April 2018, are intended to increase the developer's liquidity, market visibility, and funding for its development pipeline.
06
The transition to a publicly traded entity subjects the Warsaw-based developer to the corporate governance oversight of the Warsaw Stock Exchange.

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