LegalPlayWay
Raport bieżący ESPI nr 21/2020: Poland
16 Jun 20201 pages~1 min full read
At the June 15, 2020, Ordinary General Meeting of PlayWay S.A., two shareholders controlled over 97% of the voting power present.
Krzysztof Kostowski, President of the Management Board, held 2,700,000 votes, representing 64.90% of the votes cast at the meeting.
ACRX Investments Limited, based in Nicosia, Cyprus, held 1,350,000 votes, accounting for 32.45% of the votes at the assembly.
Krzysztof Kostowski maintained 40.91% of the company's total voting rights, while ACRX Investments Limited held 20.46% of the total voting power.
The ownership structure of PlayWay S.A. in 2020 was characterized by high concentration, ensuring firm strategic control by the founder and a single major investment entity.
This regulatory disclosure outlines the concentration of voting power during the Ordinary General Meeting of PlayWay S.A., a prominent Polish video game developer and publisher, held on June 15, 2020. The data identifies the primary stakeholders who exercised significant influence over corporate governance during this specific session, reflecting the ownership structure of the company at that time. The scope of the information is limited to shareholders holding at least 5% of the votes present at the meeting, as required by Polish transparency regulations for publicly traded companies.
The findings reveal a highly concentrated ownership structure dominated by two major entities. Krzysztof Kostowski, the President of the Management Board, held 2,700,000 votes, representing 64.90% of the votes cast at the meeting and 40.91% of the total voting rights in the company. The second major stakeholder, ACRX Investments Limited based in Nicosia, Cyprus, held 1,350,000 votes. This accounted for 32.45% of the votes at the assembly and 20.46% of the company’s overall voting power. Together, these two parties represented over 97% of the voting power exercised during the proceedings.
The methodology for this disclosure follows Article 70, point 3 of the Act on Public Offering, which mandates the publication of major participants in general meetings. By documenting these figures, the report confirms that the strategic direction of PlayWay S.A. remains firmly under the control of its founder and a single major investment entity. This snapshot of the 2020 fiscal period illustrates the stability of the company's leadership and the significant internal control maintained by its executive management.
