Related Documents
Legal
Raport bieżący nr 44/2020
PlayWay S.A. announced the formal establishment of a new subsidiary, Garlic Jam S.A., on November 13, 2020. Headquartered in Warsaw, the new entity was formed through a joint investment involving PlayWay S.A., CreativeForge Games S.A., Games Incubator sp. z o.o., and two individual partners. This strategic move expands the PlayWay capital group’s footprint in the Polish game development sector, specifically targeting the production of first-person shooter (FPS) titles for the PC market. The initial share capital of Garlic Jam S.A. is set at 100,000 PLN, divided into 1,000,000 series A ordinary bearer shares with a nominal value of 0.10 PLN each. The ownership structure is distributed among the founding parties to ensure collaborative oversight. Games Incubator sp. z o.o. and CreativeForge Games S.A. each hold the largest individual stakes at 28% (280,000 shares each). PlayWay S.A. maintains a 24% direct interest (240,000 shares), while the remaining 20% (200,000 shares) is held collectively by the two individual partners. The operational objective for Garlic Jam S.A. focuses on a high-output development model within the FPS genre. The company intends to manage a production pipeline capable of developing two titles simultaneously on an annual basis. This formation aligns with the broader industry trend of establishing specialized satellite studios to diversify portfolio offerings while leveraging the publishing and marketing infrastructure of a larger parent group. The establishment of the company was conducted in accordance with market disclosure regulations regarding confidential information.
PlayWayNov 2020
Legal
Zawiązanie Septarian Games Sp. z o.o. z siedzibą w Warszawie: 2020
PlayWay S.A. expanded its corporate group through the establishment of a new subsidiary, Septarian Games Sp. z o.o., based in Warsaw, Poland. This strategic move, finalized on July 17, 2020, aligns with the parent company’s established business model of fostering specialized development teams to diversify its production portfolio. The new entity was formed with an initial share capital of 100,000 PLN, divided into 1,000 shares with a nominal value of 100 PLN each. The ownership structure reflects a majority stake for PlayWay S.A., which holds 770 shares representing 77% of the share capital and voting rights. The remaining 230 shares, or 23% of the company, are held by the developers, ensuring an incentive-based partnership between the financiers and the creative talent. This capital injection was provided through cash contributions totaling the full nominal value of the shares. Septarian Games is positioned to focus on the simulation and renovation genres, which are core strengths of the broader PlayWay ecosystem. The initial production slate for the studio includes four specific titles: Combat Engineer, Post Apocalyptic Builder, Fort Renovator, and Apollo 13. By launching with a defined pipeline of niche simulation projects, the studio aims to capture specific market segments within the PC gaming industry. This expansion highlights the ongoing trend of decentralization in Polish game development, where large publishers create smaller, agile subsidiaries to manage multiple concurrent projects.
PlayWayJul 2020
Legal
Raport Bieżący Nr 9/2020
PlayWay S.A. has expanded its corporate portfolio through the establishment of a new subsidiary, Trigger Labs Sp. z o.o., based in Warsaw. This strategic move, finalized in April 2020, involves a partnership between the parent company and an experienced individual developer. The new entity is structured with a share capital of 5,000 PLN, divided into 100 shares with a nominal value of 50 PLN each. PlayWay holds a controlling interest of 55 percent in the venture, while the individual partner retains the remaining 45 percent. The financial terms of the incorporation reveal a significant premium paid by the parent company to secure its majority stake. While the nominal value of PlayWay’s 55 shares totals 2,750 PLN, the actual cash contribution provided by the company amounts to 97,750 PLN. In contrast, the individual partner contributed 2,250 PLN for their 45 shares, matching the nominal value. This investment structure underscores the value placed on the creative and technical expertise brought by the minority partner. The individual partner leads a development team that has been active since 2014, with a portfolio that includes titles such as Symmetry, The Last Journey, and Repressed. Under the new corporate structure, Trigger Labs is tasked with the development of several upcoming titles, specifically Flight Catastrophe, Pandemic Train, and Plague Ship. This formation aligns with the broader industry trend of major publishers establishing specialized satellite studios to focus on specific intellectual properties and niche simulation or survival genres. The establishment of this subsidiary represents a formalization of existing collaborative efforts to bring these specific projects to the global gaming market.
PlayWayApr 2020
Legal
Raport Bieżący Nr 8/2017: Zawarcie Umowy Pomiędzy Wspólnikami Oraz Objęcie Udziałów
The 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.
PlayWayFeb 2017