- 01
PlayWay S.A. has cancelled its planned interim dividend payment for the 2019 fiscal year due to legal risks identified in the company’s articles of association.
- 02
The company’s current internal regulations do not grant the management board sufficient authority to issue interim dividends, necessitating a shift away from advance distributions.
- 03
To compensate for the cancelled interim payment, PlayWay S.A. plans to accelerate the timeline for the 2019 fiscal year dividend payout.
- 04
The revised strategy aims to complete the full 2019 dividend distribution by the end of the first half of 2020.
- 05
The company will expedite the publication of annual financial reports and convene the Ordinary General Meeting earlier than in previous years to meet the new distribution schedule.
- 06
This decision reflects a strategic move to prioritize corporate governance compliance and structural certainty over the immediate execution of interim payouts.