Legal

Raport Bieżący Nr 5/2022: Pozytywna Ocena Rady Nadzorczej – Rekomendacja Dywidendy za 2021

19 May 20221 pages230 words

Summary

PlayWay S.A. has formally announced that its Supervisory Board issued a positive opinion regarding the Management Board's recommendation for the distribution of profits from the 2021 financial year. This regulatory disclosure, issued in May 2022, outlines a significant capital return strategy for the Warsaw-based game developer and publisher. The proposal involves a total dividend payout of 126,852,000.00 PLN, which translates to a gross payment of 19.22 PLN per share. The timeline for this corporate action specifies June 28, 2022, as the dividend record date, with the subsequent payout scheduled for July 6, 2022. While the Supervisory Board has endorsed these figures and dates, the final execution of the profit distribution remains subject to the approval of the Ordinary General Meeting of Shareholders. This process follows standard Polish regulatory requirements for publicly traded companies on the Warsaw Stock Exchange. This financial decision reflects PlayWay’s performance during the 2021 fiscal period and its commitment to shareholder returns within the competitive gaming sector. By securing the Supervisory Board's backing, the company moves closer to finalizing its annual financial obligations and capital allocation strategy. The announcement serves as a critical update for investors regarding the company's liquidity position and its ability to convert annual earnings into direct shareholder value.

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