PlayWay S.A. established a new subsidiary, Circle Games S.A., on January 4, 2019, to focus on porting existing intellectual properties to new platforms.

According to "Raport bieżący nr 2/2019: Zawiązanie spółki Circle Games S.A.": PlayWay S.A. established a new subsidiary, Circle Games S.A., on January 4, 2019, to focus on porting existing intellectual properties to new platforms.

PlayWay S.A. holds a 69% controlling interest in Circle Games S.A., with the remaining 31% held by private investors.

According to "Raport bieżący nr 2/2019: Zawiązanie spółki Circle Games S.A.": PlayWay S.A. holds a 69% controlling interest in Circle Games S.A., with the remaining 31% held by private investors.

Circle Games S.A. is capitalized at 100,000 PLN, consisting of one million shares with a nominal value of 0.10 PLN each.

According to "Raport bieżący nr 2/2019: Zawiązanie spółki Circle Games S.A.": Circle Games S.A. is capitalized at 100,000 PLN, consisting of one million shares with a nominal value of 0.10 PLN each.

The subsidiary’s primary operational mandate is to adapt PlayWay’s portfolio for virtual reality and mobile devices.

According to "Raport bieżący nr 2/2019: Zawiązanie spółki Circle Games S.A.": The subsidiary’s primary operational mandate is to adapt PlayWay’s portfolio for virtual reality and mobile devices.

The initial project pipeline for Circle Games S.A. is dedicated to developing VR and mobile versions of the Cooking Simulator franchise.

According to "Raport bieżący nr 2/2019: Zawiązanie spółki Circle Games S.A.": The initial project pipeline for Circle Games S.A. is dedicated to developing VR and mobile versions of the Cooking Simulator franchise.

This strategic move aims to extend the lifecycle and market reach of PlayWay’s core software library by diversifying delivery methods beyond traditional PC gaming.

According to "Raport bieżący nr 2/2019: Zawiązanie spółki Circle Games S.A.": This strategic move aims to extend the lifecycle and market reach of PlayWay’s core software library by diversifying delivery methods beyond traditional PC gaming.

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Key Insights

Raport bieżący nr 2/2019: Zawiązanie spółki Circle Games S.A.

PlayWay~1 min full read

01
PlayWay S.A. established a new subsidiary, Circle Games S.A., on January 4, 2019, to focus on porting existing intellectual properties to new platforms.
02
PlayWay S.A. holds a 69% controlling interest in Circle Games S.A., with the remaining 31% held by private investors.
03
Circle Games S.A. is capitalized at 100,000 PLN, consisting of one million shares with a nominal value of 0.10 PLN each.
04
The subsidiary’s primary operational mandate is to adapt PlayWay’s portfolio for virtual reality and mobile devices.
05
The initial project pipeline for Circle Games S.A. is dedicated to developing VR and mobile versions of the Cooking Simulator franchise.
06
This strategic move aims to extend the lifecycle and market reach of PlayWay’s core software library by diversifying delivery methods beyond traditional PC gaming.

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