On January 11, 2018, PlayWay S.A. sold 160,212 shares of its subsidiary, Movie Games S.A., representing a 6.5% stake in the company.
PlayWay S.A. retains a 34.9% controlling interest in Movie Games S.A. following the divestment.
Aleksy Uchański, President of the Management Board of Movie Games, acquired 135,564 shares, securing a 5.5% stake in the company.
Jakub Trzebiński acquired 24,648 shares, representing a 1% stake in Movie Games S.A.
The divestment was executed as an incentive program to align the personal interests of the management team with the long-term performance of Movie Games S.A.
PlayWay S.A. executed a strategic divestment of a portion of its holdings in Movie Games S.A. on January 11, 2018, as part of a targeted incentive program for key leadership. The transaction involved the sale of 160,212 shares in total, representing a 6.5% stake in the Warsaw-based subsidiary. The primary objective of this divestment was to strengthen the long-term commitment and operational engagement of the management team within Movie Games by aligning their personal interests with the company's performance.
The shares were distributed among two primary recipients. Aleksy Uchański, the President of the Management Board of Movie Games, acquired 135,564 shares, equivalent to a 5.5% stake in the share capital. An additional 24,648 shares, representing a 1% stake, were sold to Jakub Trzebiński. While the specific financial terms and price per share were not disclosed, the transaction was formalized through signed sales agreements in accordance with market regulations regarding inside information.
Following the completion of these sales, PlayWay S.A. remains the dominant shareholder in Movie Games S.A., retaining a 34.9% stake in the company’s share capital. This move reflects a broader industry trend where parent companies utilize equity distribution to stabilize leadership within specialized development studios. The scope of this action is limited to the Polish gaming sector and specifically concerns the corporate restructuring of ownership between a major publisher and its subsidiary’s executive team.
