- 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.