LegalPlayWay
Raport Bieżący Nr 34/2018: Zawarcie Umowy i Zawiązanie Ragged Games S.A.
24 May 20181 pages~1 min full read
PlayWay S.A. established a new subsidiary, Ragged Games S.A., on May 24, 2018, to focus on the development of PC simulation titles.
The primary objective of Ragged Games S.A. is the completion and commercial release of the project titled Bum Simulator.
PlayWay S.A. holds a 70% controlling interest in the new entity, acquired through a cash contribution of 480,000 PLN.
Ragged Games S.A. has a total share capital of 100,000 PLN, divided into 1,000,000 shares with a nominal value of 0.10 PLN each.
Two individual partners hold the remaining 30% stake in Ragged Games S.A., having contributed 30,000 PLN for 300,000 shares.
The formation of Ragged Games S.A. aligns with PlayWay’s operational model of creating specialized satellite studios to manage specific intellectual properties.
PlayWay S.A. has formally expanded its corporate structure through the execution of an investment agreement and the subsequent incorporation of Ragged Games S.A. based in Hornówek, Poland. This strategic move, finalized on May 24, 2018, establishes a new subsidiary dedicated to the development of PC titles. The primary objective for the newly formed entity is the completion and release of the project currently titled Bum Simulator, signaling a continued focus on niche simulation titles within the broader PC gaming market.
The financial structure of Ragged Games S.A. consists of a share capital of 100,000 PLN, divided into 1,000,000 shares with a nominal value of 0.10 PLN each. PlayWay S.A. maintains a controlling interest in the venture, holding a 70% stake through the acquisition of 700,000 shares. This majority position was secured via a cash contribution of 480,000 PLN. The remaining 30% of the company is held by two individual partners who contributed 30,000 PLN in exchange for 300,000 shares.
This incorporation follows the standard operational model of the PlayWay Group, which frequently establishes specialized satellite studios to manage specific intellectual properties. By providing the majority of the initial capital while partnering with individual developers, the parent company balances financial oversight with creative autonomy. The establishment of Ragged Games S.A. represents a targeted investment in the simulation genre, aiming to capitalize on the commercial potential of unconventional PC gaming experiences.
