Fundusz Stabilnego Rozwoju acquired a 10% equity stake in Movie Games S.A. through a capital injection of approximately 1,998,831 PLN.
The investment involved the issuance of 246,465 new Series F shares at a price of 8.11 PLN per share.
The capital increase raises the total share capital of Movie Games from 2,218,182 PLN to 2,464,647 PLN.
Shareholders committed to passing the formal resolution for the capital increase by the August 30, 2017 deadline.
This transaction aligns with PlayWay S.A.'s strategy of leveraging external capital partners to scale its subsidiary studios while maintaining a structured investment framework.
The agreement amendment includes existing shareholders Aleksy Uchański, Income Capital, and Jakub Trzebiński alongside the new investor.
PlayWay S.A. has formalized an amendment to a 2016 investment agreement involving Movie Games S.A., marking a strategic expansion of the subsidiary's shareholder structure. This regulatory filing details the entry of Fundusz Stabilnego Rozwoju as a new party to the investment agreement alongside existing shareholders Aleksy Uchański, Income Capital, and Jakub Trzebiński. The primary objective of this amendment is to facilitate a targeted capital increase within Movie Games to support its ongoing corporate development and financial stability.
Under the terms of the agreement, the participating shareholders committed to passing a resolution by August 30, 2017, to increase the share capital of Movie Games from 2,218,182 PLN to 2,464,647 PLN. This capital hike is achieved through the issuance of 246,465 Series F shares, which are reserved exclusively for Fundusz Stabilnego Rozwoju. The investor agreed to a cash contribution of 8.11 PLN per share, resulting in a total investment of approximately 1,998,831 PLN.
Upon the formal registration of this capital increase with the National Court Register, Fundusz Stabilnego Rozwoju will secure a 10% equity stake in Movie Games. This transaction reflects PlayWay’s broader strategy of utilizing external capital partners to scale its subsidiary studios while maintaining a structured investment framework. The disclosure, issued in July 2017, adheres to European Market Abuse Regulation standards regarding the release of inside information that could impact the valuation of the publicly traded parent company.