Raport Bieżący Nr 87/2017: Zawarcie Umowy Inwestycyjnej oraz Objęcie Udziałów w Spółce Total Games

PlayWay S.A. has formalized a strategic investment agreement to acquire a majority stake in the Warsaw-based developer Total Games Sp. z o.o. This transaction, executed in December 2017, involves a capital injection of 194,000 PLN by PlayWay and the acquisition of existing shares from a founding partner. Following the registration of the capital increase, PlayWay holds a 69% controlling interest in the entity, with the remaining shares distributed among three individual partners holding 15%, 15%, and 1% respectively.

The primary objective of this investment is the development of the PC title Contraband Police, followed by subsequent gaming projects. The agreement includes specific performance-based incentives tied to the commercial success of this debut title. If the game generates a net profit of 1 million PLN within three months of its release—after accounting for all production and marketing costs—the company will issue additional shares to two key partners. This mechanism would adjust the ownership structure, allowing those partners to increase their respective stakes to 20% each.

This corporate action represents a standard expansion of PlayWay’s portfolio of subsidiary development studios within the Polish gaming sector. The disclosure, mandated by European market abuse regulations, highlights the investor's focus on milestone-based equity distribution and the prioritization of the PC platform for its initial production cycle. The methodology of the transaction combines direct cash contributions for new shares with a secondary purchase of existing equity to consolidate control.