ECC Games S.A. received formal approval from its Extraordinary General Meeting on November 10, 2017, to dematerialize its shares and list them on the NewConnect market.
The listing resolution covers all share series from A through G, encompassing the company's entire equity structure.
The transition requires converting physical share certificates into electronic form and depositing them with the National Depository for Securities (KDPW) in Warsaw.
This move aligns with the growth strategy of parent company PlayWay S.A., which holds a significant interest in ECC Games.
The listing targets the NewConnect segment of the Warsaw Stock Exchange, which is specifically designed for high-growth technology and gaming companies.
The announcement serves as formal compliance with European market abuse regulations regarding the disclosure of inside information.
The Extraordinary General Meeting of ECC Games S.A. has formally approved the dematerialization of its shares and their subsequent introduction to the NewConnect market, an alternative trading system operated by the Warsaw Stock Exchange. This strategic decision, announced on November 10, 2017, marks a significant step in the company’s transition toward public trading. The resolution encompasses a comprehensive range of share classes, specifically covering series A through G, ensuring that the entirety of the designated equity structure is prepared for entry into the regulated financial ecosystem.
The process involves two primary regulatory actions: the conversion of physical share certificates into electronic form and the official deposit of these securities with the National Depository for Securities (KDPW) in Warsaw. By securing these approvals, the company establishes the necessary legal and technical framework required for its shares to be traded publicly. This move follows previous corporate disclosures regarding the company's market intentions and aligns with the broader growth strategy of its parent entity, PlayWay S.A., which maintains a significant interest in the development and market positioning of its subsidiary studios.
This development is localized to the Polish capital markets and specifically targets the NewConnect segment, which is designed for high-growth companies in the technology and gaming sectors. The announcement serves as a formal notification of inside information in compliance with European market abuse regulations. While the document focuses on the administrative and legal authorization for the listing, it signals a transition toward increased transparency and liquidity for ECC Games as it seeks to leverage the public market for future expansion and investor engagement.