Legal

Current Report No. 3/2016: KDPW Resolution on Share Assimilation

14 October 20161 pages168 words

Summary

The Management Board of PlayWay S.A. announced a formal resolution by the National Depository for Securities (KDPW) regarding the assimilation of company shares. This corporate action, executed on October 14, 2016, serves to unify different tranches of securities into a single, homogenous pool under a consistent identification code. The procedure is a standard regulatory step in the Polish capital market to ensure that all shares of the same class carry identical rights and are traded under the same technical identifier. The resolution specifically addresses the merger of 180,000 ordinary bearer shares, previously identified by the code PLPLAYW00023, with 420,000 ordinary bearer shares identified by the code PLPLAYW00015. Following the completion of this assimilation process, all 600,000 involved shares are consolidated under the single identifier PLPLAYW00015. This consolidation reflects the company’s transition toward a more streamlined capital structure following its initial public offering activities on the Warsaw Stock Exchange. This administrative update was conducted in accordance with Polish financial regulations concerning current and periodic information provided by issuers of securities. By synchronizing these share tranches, the company ensures market transparency and facilitates easier trading for investors. The action was finalized immediately upon the resolution's effective date, marking a technical milestone in the company's 2016 fiscal year and its broader integration into the public equity market.

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Current Report No. 3/2016: KDPW Resolution on Share Assimilation

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