PlayWay S.A. established Septarian Games S.A. on September 9, 2020, as a new joint-stock company in Warsaw with an initial share capital of 105,000 PLN.
PlayWay S.A. holds a 73.33% majority stake in Septarian Games S.A. through 770,000 Series A shares, while developers own 21.91% and external investors hold 4.76%.
External investors acquired their 4.76% stake via Series B shares by contributing 1,000,000 PLN, representing a significant premium over the 5,000 PLN nominal value of those shares.
Septarian Games S.A. is tasked with the production of four specific PC simulation and builder titles: Combat Engineer, Post Apocalyptic Builder, Fort Renovator, and Apollo 13.
The formation of the new entity involved restructuring a previous limited liability company of the same name, which will now undergo a name change and be assigned to a different development team.
This venture aligns with PlayWay S.A.’s strategy of incubating specialized studios to manage niche simulation portfolios for the global market.
The establishment of Septarian Games S.A. on September 9, 2020, marks a strategic expansion for PlayWay S.A. within the Polish game development sector. Headquartered in Warsaw, the new joint-stock company was formed with an initial share capital of 105,000 PLN, divided into 1,050,000 shares. PlayWay S.A. maintains a dominant position in the venture, holding 770,000 Series A shares, which represents a 73.33% stake in the share capital. The remaining ownership is distributed between developers, who hold 21.91% of the capital, and external investors, who contributed 1,000,000 PLN for a 4.76% stake via Series B shares.
The primary objective of Septarian Games S.A. is the production of four specific PC titles: Combat Engineer, Post Apocalyptic Builder, Fort Renovator, and Apollo 13. This formation follows a previous corporate action from July 2020 involving a limited liability company of the same name. Under the new organizational structure, the original limited liability entity will undergo a name change and be assigned a different development team, effectively separating the new joint-stock company’s project pipeline from previous arrangements.
This corporate development reflects PlayWay’s broader business model of incubating specialized development studios to manage diverse portfolios of simulation and builder-style games. The financial structure highlights a significant premium paid by external investors, as their 5,000 PLN nominal value contribution required a 1,000,000 PLN investment. This move underscores the ongoing consolidation and structured growth of the Polish gaming industry during the third quarter of 2020, focusing on niche simulation titles for the global market.
