PlayWay S.A. increased its stake in subsidiary Strategy Labs Sp. z o.o. to a 69% majority following a 200,000 PLN capital injection.
The capital increase, finalized via an Extraordinary General Meeting on June 13, 2019, raised Strategy Labs' share capital from 6,200 PLN to 20,000 PLN.
PlayWay S.A. acquired 69 newly issued shares to secure greater control over the studio's operational direction and intellectual property.
Following the transaction, the remaining 31% of Strategy Labs is held by the studio's developers.
At the time of the investment in Q2 2019, Strategy Labs was actively developing the historical city-building simulation title, Builders of Egypt.
This equity restructuring aligns with PlayWay S.A.'s broader strategy of consolidating specialized development teams to strengthen its production pipeline.
The management board of PlayWay S.A. announced a significant capital increase within its subsidiary, Strategy Labs Sp. z o.o., following a resolution passed by the Extraordinary General Meeting of Shareholders on June 13, 2019. The share capital of the Hornówek-based developer was raised from 6,200 PLN to 20,000 PLN through the issuance of 69 new shares. PlayWay S.A. acquired the entirety of these new shares for a total investment of 200,000 PLN, representing a strategic move to consolidate its position within the studio.
Upon the formal registration of this capital increase in the National Court Register, the ownership structure of Strategy Labs shifted to reflect PlayWay S.A. holding a 69% majority stake, while the remaining 31% is held by the developers. This transaction highlights PlayWay’s ongoing strategy of investing in specialized development teams to bolster its production pipeline. At the time of this financial restructuring, Strategy Labs was actively engaged in the development of the title Builders of Egypt, a historical city-building simulation.
The scope of this action is centered on the Polish game development sector during the second quarter of 2019. By increasing its equity interest, PlayWay S.A. secured greater control over the intellectual property and operational direction of the studio during a critical phase of game production. This disclosure was made in accordance with market abuse regulations regarding inside information, serving as a formal notification to investors about changes in the capital group’s organizational structure and financial commitments.