LegalPlayWay
Raport Bieżący Nr 49/2020: Wykaz Akcjonariuszy Powyżej 5% Głosów na NWZ
27 Nov 20201 pages~1 min full read
As of November 27, 2020, PlayWay S.A. was characterized by a highly centralized ownership structure, with two entities controlling 81.82% of the company's total voting power.
Krzysztof Kostowski, the President of the Management Board, held 2,700,000 voting rights, representing 40.91% of the total aggregate voting rights.
ACRX Investments Limited, based in Nicosia, Cyprus, held an identical stake of 2,700,000 voting rights, also accounting for 40.91% of the total company votes.
During the Extraordinary General Meeting on November 27, 2020, the combined presence of Kostowski and ACRX Investments Limited accounted for 96.72% of all votes cast.
The concentration of 81.82% of total voting power between two stakeholders indicates that minority shareholders and the public float held a limited influence over corporate governance at that time.
This regulatory disclosure identifies the major shareholders of PlayWay S.A. who exercised at least 5% of the voting rights during the Extraordinary General Meeting held on November 27, 2020. The data reflects the ownership structure and voting power distribution within the Polish game development and publishing sector at that specific point in time. The disclosure is mandated by Polish financial market regulations regarding public offerings and the conditions for introducing financial instruments into organized trading.
The shareholder structure at the meeting was dominated by two primary entities, each holding an identical stake in the company. Krzysztof Kostowski, the President of the Management Board, held 2,700,000 voting rights. This stake represented 48.36% of the votes present at the Extraordinary General Meeting and 40.91% of the total aggregate voting rights in the company. Simultaneously, ACRX Investments Limited, based in Nicosia, Cyprus, held an equal 2,700,000 voting rights, mirroring the 48.36% share of the meeting's votes and the 40.91% share of the total company votes.
Combined, these two shareholders accounted for 96.72% of the votes represented at the assembly and 81.82% of the total voting power of PlayWay S.A. This concentration of ownership highlights a highly centralized control structure, where the founder and a single investment entity maintain a decisive majority over corporate governance and strategic decision-making. The figures confirm that the vast majority of the company's equity remained in the hands of these two major stakeholders during the late 2020 period, leaving a relatively small percentage of voting power to minority shareholders and the public float.
