As of June 25, 2019, PlayWay S.A. exhibited a highly concentrated ownership structure, with two entities controlling 97.78% of the voting power present at the Ordinary General Meeting.
Krzysztof Kostowski, President of the Management Board, held 2,700,000 votes, representing 48.89% of the votes cast at the meeting and 40.91% of the company's total voting rights.
ACRX Investments Limited, based in Nicosia, Cyprus, held an identical stake to Kostowski, also controlling 2,700,000 votes and 40.91% of total aggregate voting rights.
The concentration of 98% of voting power between two parties indicates a centralized decision-making process for the Polish developer and publisher during the mid-2019 period.
This shareholder disclosure was issued in compliance with Polish legal requirements for public companies to ensure transparency regarding major stakeholder influence.
The management board of PlayWay S.A., a prominent Polish game developer and publisher headquartered in Warsaw, disclosed the shareholder structure following its Ordinary General Meeting held on June 25, 2019. This regulatory filing identifies the specific entities and individuals who exercised significant voting power during the proceedings, specifically those holding at least 5% of the votes present at the meeting. The data reflects the ownership concentration and corporate governance landscape of the company during the mid-2019 period.
Two primary shareholders dominated the voting proceedings, collectively representing the vast majority of the influence at the assembly. Krzysztof Kostowski, the President of the Management Board, held 2,700,000 votes, which accounted for 48.89% of the votes cast at the meeting and 40.91% of the total voting rights within the company. Simultaneously, ACRX Investments Limited, based in Nicosia, Cyprus, held an identical stake of 2,700,000 votes, also representing 48.89% of the votes at the assembly and 40.91% of the total aggregate votes.
The findings indicate a highly concentrated ownership structure where two parties controlled nearly 98% of the voting power present at the Ordinary General Meeting. This level of control suggests a stable but centralized decision-making process within PlayWay S.A. at the time of the 2019 assembly. The disclosure was made in accordance with Polish legal requirements regarding public offerings and the conditions for introducing financial instruments to organized trading, ensuring transparency for investors regarding the distribution of power among major stakeholders.
