LegalPlayWay
Raport Bieżący Nr 23/2016: Podsumowanie Kosztów Oferty Publicznej Akcji Spółki - Uzupełnienie Raportu Bieżącego Nr 10/2016
8 Dec 20162 pages~2 min full read
PlayWay S.A. incurred a total cost of 1,698,007.56 PLN to execute its public offering of Series B, H, and I shares as of December 2016.
See it on page 1The preparation of the prospectus and related advisory services represented the largest expenditure at 918,256.91 PLN.
See it on page 1General costs for preparing and conducting the offer totaled 671,097.18 PLN, while promotional activities cost 108,653.47 PLN.
See it on page 1The average cost per security unit for the Series I ordinary bearer shares was 2.83 PLN.
See it on page 1PlayWay S.A. reported zero costs related to underwriter remuneration for the public offering.
See it on page 1The company allocated the entire 1,698,007.56 PLN issuance cost to reduce its supplementary capital rather than recording it as an operational expense.
See it on page 1PlayWay S.A. finalized the accounting of costs associated with its public offering involving Series B, H, and I shares as of December 2016. This financial disclosure serves as a formal supplement to previous regulatory filings, detailing the specific expenditures incurred during the transition to a publicly traded entity on the Polish capital market. The figures represent the total financial burden of the issuance process, categorized by functional areas of expenditure.
The total cost of the public offering reached 1,698,007.56 PLN. The largest single expense category was the preparation of the prospectus and related advisory services, which totaled 918,256.91 PLN. General costs for preparing and conducting the offer amounted to 671,097.18 PLN, while promotional activities accounted for 108,653.47 PLN. Notably, the company reported no costs related to underwriter remuneration. Based on the volume of the Series I ordinary bearer shares issued, the average cost per security unit was calculated at 2.83 PLN.
From an accounting perspective, the entirety of these issuance costs was allocated to reduce the company's supplementary capital rather than being recorded as a direct operational expense. This reporting follows the legal requirements established by the Polish Act on Public Offerings and the Regulation of the Minister of Finance regarding current and periodic information provided by securities issuers. The data provides a transparent view of the capital requirements for a major game developer and publisher entering the public markets in the mid-2010s.
