PlayWay S.A. acquired a 44% stake in the Czeladź-based development studio Baked Games Sp. z o.o. following a capital injection.
PlayWay S.A. contributed a total of 199,000 PLN to Baked Games as part of the investment deal.
The share capital of Baked Games was increased from 5,000 PLN to 100,000 PLN through the issuance of 950 new shares.
Following the transaction, the ownership of Baked Games is split between PlayWay S.A. (44%) and three private individuals (56%).
The capital increase was formally approved during an extraordinary general meeting of shareholders held on May 24, 2018.
This investment aligns with PlayWay S.A.'s 2018 strategy of scaling specialized development teams within the Polish game industry.
The management board of PlayWay S.A. announced a significant corporate restructuring and capital injection into Baked Games Sp. z o.o., a development studio based in Czeladź. Following an extraordinary general meeting of shareholders held on May 24, 2018, a resolution was passed to increase the share capital of Baked Games from 5,000 PLN to 100,000 PLN. This expansion was facilitated through the issuance of 950 new shares, marking a substantial growth in the subsidiary's financial foundation.
The capital increase involved participation from both private individuals and PlayWay S.A. acting as the primary investor. PlayWay committed a total contribution of 199,000 PLN to the entity. Upon the formal registration of this capital increase in the National Court Register, the ownership structure of Baked Games transitioned to a model where PlayWay S.A. holds a 44% stake, while the remaining 56% is distributed among three natural persons.
This strategic move reflects PlayWay’s ongoing investment activities within the Polish game development sector during the 2018 fiscal period. By formalizing this equity stake, the investor secures a significant minority position in the studio, aligning with its broader business model of supporting and scaling specialized development teams. The transaction was disclosed in accordance with market abuse regulations regarding inside information, highlighting its material importance to PlayWay’s corporate portfolio and capital allocation strategy.
