LegalPlayWay
Informacja o rozliczeniu transakcji zbycia akcji Movie Games S.A.
30 Jan 20231 pages~1 min full read
PlayWay S.A. has completed its total divestment from Movie Games S.A., effectively ending its role as a major shareholder.
The transaction involved the sale of 860,152 shares, representing a 33.43% stake in the total voting rights 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. holds zero shares and zero voting rights in Movie Games S.A.
The divestment was executed via the Warsaw Stock Exchange, fulfilling regulatory requirements for significant changes in shareholding for public companies.
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.
