Legal

Raport bieżący nr 24/2016: Zawarcie umowy inwestycyjnej

9 December 20162 pages256 words

Summary

PlayWay 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.

Pages

View all

Citation

Generating citation...

Similar Documents

Legal

Raport Bieżący Nr 17/2016: Zawarcie Umowy Inwestycyjnej

PlayWay S.A. has formalized an investment agreement to acquire a majority stake in the Katowice-based development studio Rejected Games. This strategic move, finalized in November 2016, involves the investor providing a cash contribution of 249,945 PLN in exchange for newly issued shares. Following the capital increase, PlayWay holds a 57% controlling interest in the entity, while the remaining equity is distributed among three individual partners: Jacek Polaczek at 17%, and Maciej Latocha and Łukasz Stąporek at 13% each. The primary objective of this partnership is the development of the computer game titled Mr. Prepper. This investment aligns with the broader industry trend of major publishers securing intellectual property and creative talent through the formation of subsidiary studios. By establishing a controlling stake, the investor secures oversight of the project's lifecycle while providing the necessary financial backing to bring the title to market. This transaction represents a specific expansion of a Polish gaming portfolio during the fourth quarter of 2016. The disclosure follows standard regulatory requirements for public companies regarding confidential information and significant capital investments. The focus remains strictly on the PC gaming segment and the specific production of a single identified title, illustrating a targeted approach to studio incubation and project-based financing within the regional development ecosystem.

funding investment mergers-acquisitions+1

PlayWayNov 2016

Legal

Raport Bieżący Nr 4/2017

The report announces the execution of an investment agreement that results in a capital increase for Movie Games Spółka Akcyjna, a Warsaw‑based video‑game developer. PLAYWAY S.A., together with individual investors Aleks Uchański, Income Capital Sp. z o.o. and Jakub Trzebiński, subscribed for newly issued shares, contributing a total of 1 718 182 zł. PLAYWAY’s contribution amounts to 836 364 zł, Income Capital provides 700 000 zł, while each of the two individual investors contributes 90 909 zł. Following the subscription, the equity structure of Movie Games will consist of 46 % held by PLAYWAY, 44 % by Income Capital, and 5 % each by the two individual shareholders. The capital infusion is earmarked primarily for the development of a PC title currently working under the name “Dywizjon 303”. The transaction is documented under the legal framework of Article 17(1) of the Market Abuse Regulation, indicating that the information is confidential. The report is dated 25 January 2017 and is signed by Krzysztof Kostowski, President of the Board of PLAYWAY S.A. Overall, the filing provides a transparent account of the share subscription, the financial commitments of each investor, and the resulting ownership distribution, confirming the strategic intent to fund new game production within the Polish interactive‑entertainment sector.

investment mergers-acquisitions game-publishing

PLAYWAY S.A.Jan 2017

Legal

Raport Bieżący Nr 87/2017: Zawarcie Umowy Inwestycyjnej oraz Objęcie Udziałów w Spółce Total Games

PlayWay S.A. has formalized a strategic investment agreement to acquire a majority stake in the Warsaw-based developer Total Games Sp. z o.o. This transaction, executed in December 2017, involves a capital injection of 194,000 PLN by PlayWay and the acquisition of existing shares from a founding partner. Following the registration of the capital increase, PlayWay holds a 69% controlling interest in the entity, with the remaining shares distributed among three individual partners holding 15%, 15%, and 1% respectively. The primary objective of this investment is the development of the PC title Contraband Police, followed by subsequent gaming projects. The agreement includes specific performance-based incentives tied to the commercial success of this debut title. If the game generates a net profit of 1 million PLN within three months of its release—after accounting for all production and marketing costs—the company will issue additional shares to two key partners. This mechanism would adjust the ownership structure, allowing those partners to increase their respective stakes to 20% each. This corporate action represents a standard expansion of PlayWay’s portfolio of subsidiary development studios within the Polish gaming sector. The disclosure, mandated by European market abuse regulations, highlights the investor's focus on milestone-based equity distribution and the prioritization of the PC platform for its initial production cycle. The methodology of the transaction combines direct cash contributions for new shares with a secondary purchase of existing equity to consolidate control.

investment mergers-acquisitions funding+1

PlayWayDec 2017

Legal

Raport Bieżący Nr 47/2017: Zawarcie Aneksu do Umowy Inwestycyjnej

PlayWay S.A. has formalized an amendment to a 2016 investment agreement involving Movie Games S.A., marking a strategic expansion of the subsidiary's shareholder structure. This regulatory filing details the entry of Fundusz Stabilnego Rozwoju as a new party to the investment agreement alongside existing shareholders Aleksy Uchański, Income Capital, and Jakub Trzebiński. The primary objective of this amendment is to facilitate a targeted capital increase within Movie Games to support its ongoing corporate development and financial stability. Under the terms of the agreement, the participating shareholders committed to passing a resolution by August 30, 2017, to increase the share capital of Movie Games from 2,218,182 PLN to 2,464,647 PLN. This capital hike is achieved through the issuance of 246,465 Series F shares, which are reserved exclusively for Fundusz Stabilnego Rozwoju. The investor agreed to a cash contribution of 8.11 PLN per share, resulting in a total investment of approximately 1,998,831 PLN. Upon the formal registration of this capital increase with the National Court Register, Fundusz Stabilnego Rozwoju will secure a 10% equity stake in Movie Games. This transaction reflects PlayWay’s broader strategy of utilizing external capital partners to scale its subsidiary studios while maintaining a structured investment framework. The disclosure, issued in July 2017, adheres to European Market Abuse Regulation standards regarding the release of inside information that could impact the valuation of the publicly traded parent company.

investment mergers-acquisitions europe

PlayWayJul 2017

Legal

Raport bieżący nr 52/2017: Zawarcie umowy inwestycyjnej

PlayWay S.A. has entered into a strategic investment agreement with Bartłomiej Gajewski to restructure and expand the development operations surrounding the 911 Operator franchise. This agreement involves a capital increase in Creative Octopus Sp. z o.o., which is slated for rebranding as Game Operators Sp. z o.o. The transaction includes a total cash contribution of 495,000 PLN, resulting in a shareholding structure where PlayWay holds a 50.01% controlling interest and the partner retains 49.99%. A critical component of this partnership is the transfer of all economic and moral copyrights for the title 911 Operator from both parties to the newly formed Game Operators entity. This consolidation ensures that all future revenue streams generated by the game will flow directly to the subsidiary. The strategic scope of the new company focuses on scaling production capabilities by establishing five new development teams. These teams are tasked with the ongoing modification and porting of 911 Operator to mobile and console platforms, alongside the development of a successor title, 112 Operator. This corporate action, disclosed in July 2017 under market abuse regulations, signifies a formal transition from individual project management to a dedicated corporate structure for the franchise. By securing the intellectual property and funding new development pipelines, the agreement establishes a long-term framework for the growth of the Operator series within the Polish game development sector. The move reflects a broader industry trend of major publishers formalizing partnerships with lead creators to institutionalize successful indie intellectual properties.

investment game-development europe

PlayWayJul 2017

Legal

Raport bieżący nr 21/2017: Zawarcie aneksu do umowy inwestycyjnej

PlayWay S.A. has formalized an amendment to a previous investment agreement regarding the ownership structure of ECC Games Sp. z o.o. This regulatory filing, dated April 28, 2017, details the inclusion of three new individual partners into the existing investment framework originally established in late 2016. The transaction involves the redistribution of equity through the sale of shares by a primary stakeholder to both the corporate entity and the newly joined individual partners. The execution of these share purchase agreements results in a significant realignment of the capital structure for the Warsaw-based developer ECC Games. Following the registration of these changes with the National Court Register, Inovo Venture Fund I remains the largest stakeholder with 36.9% of the shares. PlayWay S.A. maintains a substantial position with 34.6% ownership, while the remaining equity is distributed among four individual partners, with holdings ranging from 19.7% down to 0.6%. This corporate action reflects the ongoing consolidation and strategic partnership efforts within the Polish game development sector during the 2017 fiscal period. By integrating key individuals directly into the ownership structure of the subsidiary, the parent company and its venture partners aim to align incentives across the management and investment teams. The disclosure complies with European market abuse regulations regarding the release of confidential information that could impact the valuation of publicly traded entities on the Warsaw Stock Exchange.

investment mergers-acquisitions game-publishing+1

PlayWayApr 2017

Raport bieżący nr 24/2016: Zawarcie umowy inwestycyjnej

Summary

Tags

Pages

Citation

Citation

Similar Documents

Raport Bieżący Nr 17/2016: Zawarcie Umowy Inwestycyjnej

Raport Bieżący Nr 4/2017

Raport Bieżący Nr 87/2017: Zawarcie Umowy Inwestycyjnej oraz Objęcie Udziałów w Spółce Total Games

Raport Bieżący Nr 47/2017: Zawarcie Aneksu do Umowy Inwestycyjnej

Raport bieżący nr 52/2017: Zawarcie umowy inwestycyjnej

Raport bieżący nr 21/2017: Zawarcie aneksu do umowy inwestycyjnej