Legal

Raport Bieżący Nr 31/2018

23 May 20181 pages317 words

Summary

PlayWay S.A. announced a significant corporate restructuring of its associate company, Moonlit S.A., following resolutions passed during an Ordinary General Meeting held on May 23, 2018. The primary objective of these resolutions is to facilitate a capital increase and prepare the Krakow-based game development studio for a public listing on the NewConnect market, which is the alternative trading system operated by the Warsaw Stock Exchange. The approved capital increase involves raising Moonlit’s share capital from 400,000 PLN to a target range between 425,000 PLN and 500,000 PLN. This expansion is achieved through the issuance of Series D ordinary bearer shares, with a minimum of 250,000 and a maximum of 1,000,000 new shares offered. Each share carries a nominal value of 0.1 PLN. This issuance is structured as an open subscription conducted via a public offering, adhering to the legal frameworks established by the Polish Commercial Companies Code and the Act on Public Offerings. Beyond the immediate capital injection, the resolutions grant formal consent for the dematerialization and registration of all share series—specifically Series A, B, C, and D—with the National Depository for Securities. This administrative step is a prerequisite for the planned admission of the company’s shares to trading on the NewConnect market. These actions represent a strategic move by PlayWay to transition its associate entity into a publicly traded company, thereby increasing liquidity and providing a structured platform for future growth within the Polish gaming sector.

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Raport Bieżący Nr 31/2018

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