Updated Mar 17, 2026 by PlayWay
Legal · January 30, 2023
Published by PlayWay
PlayWay S.A. has finalized the complete divestment of its ownership stake in Movie Games S.A., a developer and publisher listed on the Warsaw Stock Exchange. This transaction marks the formal exit of PlayWay from its position as a major shareholder in the company. The settlement follows preliminary announcements made earlier in January 2023 and fulfills regulatory notification requirements regarding significant changes in shareholding for public companies. The transaction involved the sale of 860,152 shares, each carrying a nominal value of 1.00 PLN. These shares represented a 33.43% stake in the total voting rights at the General Meeting of Movie Games S.A. The shares were sold at a price of 23.00 PLN per share, resulting in a total transaction value of approximately 19.78 million PLN. Following the settlement of this sale, PlayWay S.A. no longer holds any shares or voting rights in Movie Games S.A. This strategic move highlights a significant shift in the relationship between two prominent entities in the Polish gaming sector. By liquidating its entire 33.43% holding, PlayWay has transitioned from a dominant investor to having no equity involvement in Movie Games. The execution of this sale via the regulated market underscores the transparency of the divestment process and adheres to the legal frameworks governing public offerings and financial instruments in Poland.
System: ESPI Typ raportu: raport bieżący Numer: 4/ 2023 Data sporządzenia raportu: 30 stycznia 2023 roku, godz. 17:17 __________________ Temat: Informacja o rozliczeniu transakcji zbycia akcji Movie Games S.A. Podstawa prawna: Art. 17 ust. 1 MAR – informacje poufne Treść: Zarząd spółki PlayWay S.A. z siedzibą w Warszawie („Emitent”), w nawiązaniu do raportu bieżącego Emitenta 2/2023 z dnia 23 stycznia 2023 roku oraz raportu bieżącego Emitenta 3/2023 z dnia 25 stycznia 2023 roku, informuje, że w związku z rozliczeniem transakcji zbycia wszystkich posiadanych przez Emitenta akcji spółki Movie Games S.A. z siedzibą w Warszawie („Spółka”), dopuszczonych do obrotu na rynku regulowanym prowadzonym przez Giełdę Papierów Wartościowych w Warszawie S.A. oraz oznaczonych kodem ISIN: PLMVGMS00011 („Transakcja”), Emitent przekazał do Spółki zawiadomienie w trybie art. 69 ust. 1 pkt 2) i art. 69 ust, 2 pkt 2) ustawy z dnia 29 lipca 2005 roku o ofercie publicznej i warunkach wprowadzania instrumentów finansowych do zorganizowanego systemu obrotu oraz o spółkach publicznych. W ramach Transakcji Emitent dokonał zbycia 860.152 (słownie: ośmiuset sześćdziesięciu tysięcy stu pięćdziesięciu dwóch) akcji Spółki, o wartości nominalnej 1,0 0 PLN (jeden złoty) każda, uprawniających do 33, 43% (trzydzieści trzy procent 43/100) ogólnej liczby głosów na Walnym Zgromadzeniu Spółki, za cenę sprzedaży jednej akcji 23,00 PLN (dwadzieścia trzy złote 00/100). Po rozliczeniu Transakcji Emitent nie posiada żadnych akcji Spółki.
nominalnej 1,0 0 PLN (jeden złoty) każda, uprawniających do 33, 43% (trzydzieści trzy procent 43/100) ogólnej liczby głosów na Walnym Zgromadzeniu Spółki, za cenę sprzedaży jednej akcji 23,00 PLN (dwadzieścia trzy złote 00/100). Po rozliczeniu Transakcji Emitent nie posiada żadnych akcji Spółki. Podpisy: Za Zarząd: Krzysztof Kostowski – Prezes Zarządu
PlayWay S.A. executed a strategic divestment of a portion of its holdings in Movie Games S.A. on January 11, 2018, as part of a targeted incentive program for key leadership. The transaction involved the sale of 160,212 shares in total, representing a 6.5% stake in the Warsaw-based subsidiary. The primary objective of this divestment was to strengthen the long-term commitment and operational engagement of the management team within Movie Games by aligning their personal interests with the company's performance. The shares were distributed among two primary recipients. Aleksy Uchański, the President of the Management Board of Movie Games, acquired 135,564 shares, equivalent to a 5.5% stake in the share capital. An additional 24,648 shares, representing a 1% stake, were sold to Jakub Trzebiński. While the specific financial terms and price per share were not disclosed, the transaction was formalized through signed sales agreements in accordance with market regulations regarding inside information. Following the completion of these sales, PlayWay S.A. remains the dominant shareholder in Movie Games S.A., retaining a 34.9% stake in the company’s share capital. This move reflects a broader industry trend where parent companies utilize equity distribution to stabilize leadership within specialized development studios. The scope of this action is limited to the Polish gaming sector and specifically concerns the corporate restructuring of ownership between a major publisher and its subsidiary’s executive team.
PlayWay S.A. announced the successful completion of the book-building process for the sale of its entire stake in Movie Games S.A. on January 25, 2023. This transaction involved the disposal of 860,152 dematerialized shares, representing 33.43% of the total voting rights and share capital of Movie Games S.A. The sale price was established at 23.00 PLN per share, with the formal execution of the transaction scheduled for January 26, 2023. The scope of this divestment is significant as it results in PlayWay S.A. holding no remaining shares in Movie Games S.A. following the final settlement. Movie Games S.A. is a developer and publisher listed on the regulated market of the Warsaw Stock Exchange. This move indicates a strategic exit by PlayWay from its position in this specific subsidiary or partner entity within the Polish gaming sector. The process was conducted under the legal framework of the Market Abuse Regulation (MAR) regarding inside information. The transaction was targeted at investors within Poland, as the report explicitly notes that the shares were not registered for sale in international jurisdictions such as the United States, Australia, Canada, Japan, or South Africa. The announcement serves as a formal regulatory disclosure to the Polish Financial Supervision Authority and the public market, confirming the pricing and volume of the accelerated book-building process.
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.
PlayWay S.A. announced the initiation of an accelerated bookbuilding process on January 23, 2023, to divest a significant portion of its holdings in Movie Games S.A. The transaction involves the sale of up to 860,152 shares, representing 33.43% of the total share capital and voting rights in Movie Games. Ipopema Securities S.A. was appointed to manage the bookbuilding process, which was expected to conclude by January 26, 2023, though the final price and volume remained subject to market demand and management discretion. The divestment strategy is rooted in an internal review of synergies and development alignment within the PlayWay Group. By reducing its stake in Movie Games, PlayWay intends to reallocate the resulting capital toward new and existing teams and projects across its broader portfolio. Depending on the final volume of shares sold, PlayWay may enter into a lock-up agreement regarding its remaining shares in the company. The offering was structured as a public sale exempt from the requirement to publish a formal prospectus under European Union regulations, targeting selected institutional investors and qualified buyers. Geographically, the offer excluded jurisdictions with restrictive securities laws, such as the United States, Australia, Canada, Japan, and South Africa. This corporate action reflects PlayWay’s active portfolio management approach within the Polish gaming sector, prioritizing capital liquidity for future investments over maintaining a minority stake in this specific subsidiary.