LegalPlayWay
Raport bieżący nr 53/2017: Objęcie akcji w Ultimate Games S.A.
31 Jul 20171 pages~1 min full read
PlayWay S.A. completed a private subscription for its subsidiary, Ultimate Games S.A., issuing 1,000,000 new shares at 1 PLN per share.
The capital raise was fully subscribed by 31 individual investors following the transformation of Ultimate Games into a joint-stock company.
The primary objective of the funding is to finance the development and release of at least two new titles scheduled for 2018.
The new titles will focus on the subsidiary's established niche in the simulation and specialized gaming markets.
This transaction aligns with PlayWay’s strategy of fostering independent studios through targeted private equity participation to expand their production portfolios.
PlayWay S.A. has finalized a private subscription round for its subsidiary, Ultimate Games S.A., resulting in the issuance of 1,000,000 new shares. These shares were issued at a price of 1 PLN per share and were fully subscribed by 31 individual investors. This capital increase follows the legal transformation of Ultimate Games from a limited liability company into a joint-stock company, marking a significant step in its corporate evolution within the Polish gaming sector.
The primary objective of this financing round is to accelerate the development and publishing capabilities of Ultimate Games. Specifically, the newly acquired capital and the expanded shareholder base are intended to support the production and release of at least two new titles scheduled for 2018. These upcoming projects will focus on themes consistent with the subsidiary’s established niche in the simulation and specialized gaming markets.
This transaction reflects PlayWay’s broader strategic model of fostering independent development studios through targeted investment and private equity participation. By securing external funding from a diverse group of individual investors, the subsidiary gains the necessary liquidity to expand its portfolio while maintaining its operational alignment with the parent company. The successful completion of this issuance underscores investor interest in the studio's specialized production pipeline and its growth potential leading into the 2018 fiscal year.
