LegalPlayWay
Raport Bieżący Nr 8/2017: Zawarcie Umowy Pomiędzy Wspólnikami Oraz Objęcie Udziałów
3 Feb 20172 pages~1 min full read
PlayWay S.A. restructured its subsidiary Fishing Games Sp. z o.o. on February 3, 2017, increasing its share capital from 33,000 PLN to 100,000 PLN.
See it on page 1Following a 67,000 PLN cash capital injection, PlayWay S.A. maintains an 80% controlling stake in the entity, with partners Jakub Trzebiński and Mateusz Zawadzki holding 18% and 2% respectively.
See it on page 1The subsidiary was rebranded as Ultimate Games Sp. z o.o. to focus on the development of fishing and hunting simulator titles.
See it on page 2The newly injected capital is specifically earmarked for the completion of the production for the game title Ultimate Fishing.
See it on page 1This restructuring formalizes the creation of a specialized studio within the PlayWay ecosystem to manage specific intellectual properties and genre-focused development pipelines.
See it on page 2The management of PlayWay S.A. finalized a significant restructuring and recapitalization of its subsidiary, Fishing Games Sp. z o.o., on February 3, 2017. This strategic move involved a formal agreement between PlayWay S.A. and two individual partners, Jakub Trzebiński and Mateusz Zawadzki, to increase the subsidiary's share capital from 33,000 PLN to 100,000 PLN. The capital injection of 67,000 PLN was executed through the issuance of new shares in exchange for cash contributions, resulting in a revised ownership structure where PlayWay S.A. holds a dominant 80% stake, while the remaining 20% is split between the individual partners at 18% and 2% respectively.
Simultaneous with the capital increase, the entity underwent a formal rebranding. The Extraordinary General Meeting of Shareholders approved a name change from Fishing Games Sp. z o.o. to Ultimate Games Sp. z o.o. This transition marks a focused shift in the company’s operational scope within the Polish gaming industry, specifically targeting the development of titles within the fishing and hunting genres. The immediate objective for the newly allocated funds is the completion of the production for the title Ultimate Fishing.
This corporate action, disclosed under market abuse regulations regarding confidential information, establishes Ultimate Games as a specialized developer within the broader PlayWay ecosystem. By consolidating control and securing necessary liquidity, the parent company ensures the continued development of its niche simulator portfolio. The restructuring reflects a broader industry trend of creating dedicated, specialized studios to manage specific intellectual properties and genre-focused development pipelines.
