Legal

Raport bieżący nr 53/2017: Objęcie akcji w Ultimate Games S.A.

31 July 20171 pages178 words

Summary

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.

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Raport bieżący nr 53/2017: Objęcie akcji w Ultimate Games S.A.

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