LegalPlayWay
Raport bieżący nr 36/2017: Objęcie akcji w Movie Games S.A.
8 Jun 20171 pages~1 min full read
PlayWay S.A. finalized a capital injection into its subsidiary, Movie Games S.A., on June 8, 2017.
The transaction involved the issuance of new shares with a total aggregate value of 400,000 PLN.
New shares were issued at a nominal value of 1 PLN per share to existing shareholders, including Aleksy Uchański, Jakub Trzebiński, and Income Capital Sp. z o.o.
The capital increase maintains the existing ownership structure by requiring shareholders to subscribe to new shares in proportion to their current holdings.
This investment fulfills a long-term strategy established in December 2016 to consolidate the financial foundation of Movie Games S.A. within the PlayWay ecosystem.
The corporate action is classified as inside information under Article 17(1) of the Market Abuse Regulation due to its impact on PlayWay’s financial and operational portfolio.
PlayWay S.A. has formalized an expansion of its investment in Movie Games S.A. through the execution of a share subscription agreement. This transaction, finalized on June 8, 2017, serves as the fulfillment of a long-term investment strategy originally established in December 2016 and subsequently modified through various annexes in early 2017. The agreement involves PlayWay S.A. alongside key individual and institutional shareholders, including Aleksy Uchański, Jakub Trzebiński, and Income Capital Sp. z o.o.
The capital increase involves the issuance of new shares at a nominal value of 1 PLN per share. Each participating shareholder subscribed to these new shares in a manner proportional to their existing holdings, ensuring a consistent ownership structure following the capital injection. The total aggregate value of the newly issued shares across all participating parties amounts to 400,000 PLN. This move represents a strategic consolidation of the partnership between the parent entity and its subsidiary within the Polish game development sector.
This corporate action is categorized as inside information under Article 17(1) of the Market Abuse Regulation, reflecting its significance to PlayWay’s financial and operational portfolio. The scope of the transaction is centered on the Warsaw-based gaming industry, specifically focusing on the financial restructuring and capitalization of Movie Games S.A. to support its ongoing development and publishing activities. By finalizing this subscription, the involved parties have solidified the financial foundation of the studio as part of PlayWay’s broader ecosystem of development teams.
