On January 26, 2018, Ultimate Games S.A., a subsidiary of PlayWay S.A., passed resolutions to initiate its transition to a publicly traded company on the Warsaw Stock Exchange's NewConnect market.
The company is undergoing the dematerialization and registration of its series A through E shares with the National Depository for Securities in Warsaw to facilitate public trading.
Ultimate Games S.A.'s market valuation and growth strategy are heavily supported by the performance of its flagship title, Ultimate Fishing Simulator.
As of the announcement date, Ultimate Fishing Simulator had achieved approximately 1.5 million downloads on mobile platforms.
This corporate restructuring is designed to increase capital access, improve liquidity, and enhance transparency for investors within the Polish gaming sector.
The move reflects a broader industry trend of Polish game developers utilizing the NewConnect alternative trading system to integrate into formal financial markets.
The management of PlayWay S.A. announced a significant corporate milestone for its subsidiary, Ultimate Games S.A., regarding its transition to a publicly traded entity. On January 26, 2018, the Extraordinary General Meeting of Ultimate Games S.A. passed resolutions to seek admission for its shares to the NewConnect market, an alternative trading system operated by the Warsaw Stock Exchange. This strategic move encompasses the dematerialization and registration of all share classes, specifically series A through E, with the National Depository for Securities in Warsaw.
The decision marks a formal shift in the company’s capital structure, moving from a private entity to a publicly listed producer and publisher within the Polish gaming sector. At the time of this announcement, Ultimate Games S.A. demonstrated significant market traction through its flagship title, Ultimate Fishing Simulator. The commercial success of this project serves as a key performance indicator for the company’s valuation and growth potential, having secured approximately 1.5 million downloads on mobile platforms between its launch and the date of the resolutions.
This corporate action is governed by the Market Abuse Regulation and reflects the broader trend of Polish game developers utilizing the NewConnect market to access capital and increase liquidity. By transitioning to a dematerialized share format, the company prepares for broader investor participation and enhanced transparency within the Warsaw financial ecosystem. The scope of this development is centered on the Polish capital market and the mobile gaming segment, highlighting the integration of development studios into the formal financial structures of the regional industry.
