LegalPlayWay
Raport Bieżący Nr 51/2018: Podjęcie Uchwały o Podwyższeniu Kapitału Zakładowego w Pyramid Games
2 Aug 20181 pages~1 min full read
Pyramid Games increased its share capital from 12,500 PLN to 100,000 PLN following an Extraordinary General Meeting resolution on August 2, 2018.
The capital expansion involved issuing 1,750 new shares, raising a total of 379,000 PLN from existing shareholders and nine new individual investors.
PlayWay S.A.’s ownership stake in its subsidiary Pyramid Games was diluted from 60% to 55.10% as a result of the new share issuance.
Post-restructuring, the remaining equity in Pyramid Games is held by original individual shareholders (36.8%) and the new group of individual investors (8.10%).
The capital infusion was strategically directed to support the ongoing development of the studio's title, Occupy Mars.
The management of PlayWay S.A. announced a significant restructuring of the share capital within its subsidiary, Pyramid Games Sp. z o.o., following a resolution passed on August 2, 2018. The Extraordinary General Meeting of Shareholders approved an increase in the share capital from 12,500 PLN to 100,000 PLN. This expansion was achieved through the issuance of 1,750 new shares, which were subscribed to by existing shareholders and a group of nine new individual investors for a total consideration of 379,000 PLN.
This financial maneuver resulted in a shift in the ownership structure of the Lublin-based development studio. Prior to this capital increase, PlayWay held a 60% stake in the company, which it had integrated into its capital group in 2017. Following the registration of the new shares with the National Court Register, PlayWay’s ownership interest adjusted to 55.10%. The remaining equity is distributed between the original individual shareholders, who hold 36.8%, and the newly joined individual investors, who collectively account for 8.10% of the company.
The infusion of capital supports the ongoing operations of Pyramid Games during a period of active development. At the time of the announcement, the studio was focused on the production of its title Occupy Mars. This corporate action was disclosed in accordance with market abuse regulations regarding inside information, reflecting the strategic importance of subsidiary financing and equity distribution within the broader PlayWay ecosystem during the 2018 fiscal period.
