LegalPlayWay
Raport bieżący nr 24/2016: Zawarcie umowy inwestycyjnej
9 Dec 20162 pages~1 min full read
PlayWay S.A. established a new subsidiary, Movie Games S.A., in December 2016 to develop video games based on cinematic properties.
See it on page 1PlayWay S.A. holds a 51% controlling stake in Movie Games S.A. following a capital contribution of 927,273 PLN.
See it on page 1The total initial capital for the venture is 1,718,182 PLN, with Income Capital Sp. z o.o. contributing 700,000 PLN for a 44% stake.
See it on page 1Aleksy Uchański holds the remaining 5% equity and has been appointed as the President of the Management Board.
See it on page 1The primary objective of the initial funding is to finance the development of a PC game centered on the 303 Squadron.
See it on page 1PlayWay S.A. has formalized a strategic investment agreement to establish and fund Movie Games S.A., a Warsaw-based developer focused on producing video games based on cinematic properties. This partnership involves three primary shareholders contributing a total of 1,718,182 PLN in capital. PlayWay holds a controlling 51% stake with a contribution of 927,273 PLN, while Income Capital Sp. z o.o. maintains a 44% share through a 700,000 PLN investment. The remaining 5% is held by Aleksy Uchański, who contributed 90,909 PLN and has been appointed as the President of the Management Board for the new entity.
The primary objective of this capital injection is to finance the development of a PC title centered on the 303 Squadron, alongside the broader mission of adapting film productions into interactive media. This transaction, finalized in December 2016, represents a targeted expansion of PlayWay’s portfolio within the Polish gaming sector, specifically leveraging the expertise of specialized partners to bridge the gap between the film and gaming industries. The agreement outlines a clear governance structure and ownership distribution, ensuring PlayWay retains majority oversight while integrating external capital and leadership to drive the subsidiary's initial production slate.
