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.

According to "Raport Bieżący Nr 31/2019: Podwyższenie Kapitału Zakładowego w Strategy Labs Sp. z o.o.": 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.

According to "Raport Bieżący Nr 31/2019: Podwyższenie Kapitału Zakładowego w Strategy Labs Sp. z o.o.": 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.

According to "Raport Bieżący Nr 31/2019: Podwyższenie Kapitału Zakładowego w Strategy Labs Sp. z o.o.": 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.

According to "Raport Bieżący Nr 31/2019: Podwyższenie Kapitału Zakładowego w Strategy Labs Sp. z o.o.": 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.

According to "Raport Bieżący Nr 31/2019: Podwyższenie Kapitału Zakładowego w Strategy Labs Sp. z o.o.": 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.

According to "Raport Bieżący Nr 31/2019: Podwyższenie Kapitału Zakładowego w Strategy Labs Sp. z o.o.": This equity restructuring aligns with PlayWay S.A.'s broader strategy of consolidating specialized development teams to strengthen its production pipeline.

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Key Insights

Raport Bieżący Nr 31/2019: Podwyższenie Kapitału Zakładowego w Strategy Labs Sp. z o.o.

PlayWay~1 min full read

01
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.
02
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.
03
PlayWay S.A. acquired 69 newly issued shares to secure greater control over the studio's operational direction and intellectual property.
04
Following the transaction, the remaining 31% of Strategy Labs is held by the studio's developers.
05
At the time of the investment in Q2 2019, Strategy Labs was actively developing the historical city-building simulation title, Builders of Egypt.
06
This equity restructuring aligns with PlayWay S.A.'s broader strategy of consolidating specialized development teams to strengthen its production pipeline.

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