LegalPlayWay
Raport Bieżący Nr 55/2020: Zawiązanie Spółki Good Luck Games S.A.
23 Dec 20201 pages~1 min full read
On December 23, 2020, PlayWay S.A. incorporated a new subsidiary, Good Luck Games S.A., based in Warsaw to focus on the animal simulator genre.
PlayWay S.A. holds a 27.50% ownership stake in Good Luck Games S.A., having invested 55,000 PLN for 550,000 series A shares.
The new entity has a total share capital of 200,000 PLN, divided into 2,000,000 series A ordinary bearer shares with a nominal value of 0.10 PLN each.
External entities and developers hold the remaining 72.50% of Good Luck Games S.A., representing 1,450,000 shares and a 145,000 PLN capital contribution.
The formation of Good Luck Games S.A. reflects PlayWay S.A.'s strategy of scaling its global output by incubating specialized, niche-focused development teams.
PlayWay S.A. expanded its corporate structure on December 23, 2020, through the formal incorporation of a new subsidiary, Good Luck Games S.A., based in Warsaw. This strategic move establishes a dedicated entity focused specifically on the production and publishing of video games within the animal simulator genre. The formation of this company aligns with the broader industry trend of diversifying portfolios through specialized development houses that target niche but popular simulation markets.
The financial structure of the new entity consists of a share capital of 200,000 PLN, which is divided into 2,000,000 series A ordinary bearer shares with a nominal value of 0.10 PLN per share. PlayWay S.A. maintains a significant minority stake in the venture, having acquired 550,000 shares for a total contribution of 55,000 PLN. This investment grants PlayWay S.A. a 27.50% ownership interest in the share capital of Good Luck Games.
The remaining 72.50% of the company, representing 1,450,000 shares, is held by other entities and developers who contributed a total of 145,000 PLN. This collaborative ownership model suggests a partnership between the primary publisher and independent creators to foster specialized game development. The establishment of Good Luck Games was conducted under the legal framework of the Market Abuse Regulation, specifically regarding the disclosure of inside information, and reflects PlayWay’s ongoing strategy of incubating multiple development teams to scale its output in the global gaming market.
