Raport Bieżący Nr 51/2020: Podjęcie Uchwały o Połączeniu Spółki Zależnej

The management board of PlayWay S.A. announced a formal resolution regarding the structural reorganization of its subsidiary, 3R Studio Mobile sp. z o.o., based in Poznań. On December 8, 2020, the Extraordinary General Meeting of Shareholders of the subsidiary approved a merger with Hubstyle S.A., a Warsaw-based entity. This strategic move follows preliminary intentions disclosed earlier in the year and represents a significant consolidation of assets within the Polish gaming and technology sector.

The transaction is executed through a merger by acquisition under the Polish Commercial Companies Code. This process involves the transfer of all assets from 3R Studio Mobile to Hubstyle S.A. via universal succession. In exchange for these assets, Hubstyle S.A. will issue new shares to the existing shareholders of the acquired company, including PlayWay S.A. Consequently, the acquiring company will undergo a share capital increase to accommodate the issuance of these new securities to the outgoing subsidiary's stakeholders.

This corporate action falls under the regulatory scope of the Market Abuse Regulation concerning inside information. The merger signifies a shift in PlayWay’s investment portfolio, transitioning from direct ownership in a limited liability subsidiary to a shareholding position in a larger joint-stock entity. The scope of the announcement is limited to the legal and structural execution of the merger within the Polish jurisdiction, marking a definitive step in the integration of these specific industry players during the late 2020 period.