PlayWay S.A. established a new development studio, Purple Frog Sp. z o.o., in Milanówek, Poland, on September 14, 2020.

According to "Raport bieżący nr 33/2020": PlayWay S.A. established a new development studio, Purple Frog Sp. z o.o., in Milanówek, Poland, on September 14, 2020.

PlayWay S.A. holds a 24.5% minority stake in the new entity, acquired through 49 shares for a total investment of 2,450 PLN.

According to "Raport bieżący nr 33/2020": PlayWay S.A. holds a 24.5% minority stake in the new entity, acquired through 49 shares for a total investment of 2,450 PLN.

The remaining 75.5% equity (151 shares) is held by the development team and an external investor, who is providing capital for the studio's debut production.

According to "Raport bieżący nr 33/2020": The remaining 75.5% equity (151 shares) is held by the development team and an external investor, who is providing capital for the studio's debut production.

Purple Frog Sp. z o.o. was incorporated with an initial share capital of 10,000 PLN, consisting of 200 shares valued at 50 PLN each.

According to "Raport bieżący nr 33/2020": Purple Frog Sp. z o.o. was incorporated with an initial share capital of 10,000 PLN, consisting of 200 shares valued at 50 PLN each.

The studio's debut project is currently in development, though specific details regarding the game's title or genre remain undisclosed.

According to "Raport bieżący nr 33/2020": The studio's debut project is currently in development, though specific details regarding the game's title or genre remain undisclosed.

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Key Insights

Raport bieżący nr 33/2020

PlayWay~1 min full read

01
PlayWay S.A. established a new development studio, Purple Frog Sp. z o.o., in Milanówek, Poland, on September 14, 2020.
02
PlayWay S.A. holds a 24.5% minority stake in the new entity, acquired through 49 shares for a total investment of 2,450 PLN.
03
The remaining 75.5% equity (151 shares) is held by the development team and an external investor, who is providing capital for the studio's debut production.
04
Purple Frog Sp. z o.o. was incorporated with an initial share capital of 10,000 PLN, consisting of 200 shares valued at 50 PLN each.
05
The studio's debut project is currently in development, though specific details regarding the game's title or genre remain undisclosed.

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