LegalPlayWay
Uchwała Zarządu PlayWay: Protokół Zwyczajnego Walnego Zgromadzenia
29 Aug 20253 pages~12 min full read
Key insights
6 takeaways · ~2 min read- 01PlayWay S.A. is increasing its share capital from 660,000.00 PLN to 666,600.00 PLN through the issuance of 66,000 new Series J ordinary bearer shares.See it on page 3
- 02The issuance is exclusively directed to President Krzysztof Kostowski as part of an incentive program, following the fulfillment of 2024 financial performance criteria.See it on page 2
- 03Each Series J share is issued at a nominal value of 0.10 PLN, to be fully covered by cash contributions.See it on page 2
- 04Existing shareholders' pre-emptive rights have been formally excluded to facilitate this targeted issuance to the Management Board.See it on page 2
- 05The company is moving to dematerialize the new shares and will seek their admission to trading on the Warsaw Stock Exchange (GPW).See it on page 1
- 06The total number of company shares has been updated to 6,666,000, necessitating an amendment to Paragraph 6 of the Articles of Association.See it on page 1
Summary
This resolution from the Management Board of PlayWay S.A., dated August 29, 2025, formalizes a capital increase within the framework of authorized capital. The primary objective is the issuance of 66,000 Series J ordinary bearer shares to fulfill the company’s Incentive Program for Management Board members. This specific issuance is directed exclusively to Krzysztof Kostowski, the President of the Management Board, following the Supervisory Board's confirmation that the necessary performance criteria for the 2024 financial year were met.
The capital increase raises the company’s share capital from 660,000.00 PLN to 666,600.00 PLN. Each Series J share has a nominal value and an issue price of 0.10 PLN, to be covered entirely by cash contributions. To facilitate this targeted issuance, the resolution explicitly excludes the pre-emptive rights of existing shareholders. Furthermore, the Board resolved to dematerialize these new shares and seek their admission to trading on the regulated market of the Warsaw Stock Exchange (GPW).
The scope of the document covers corporate governance actions within the Polish gaming industry for the 2024-2025 period. The methodology follows legal requirements under the Polish Commercial Companies Code, specifically utilizing authorizations granted by the General Meeting in June 2024. The resolution concludes with a formal amendment to Paragraph 6 of the Company’s Articles of Association to reflect the new total of 6,666,000 shares. The decision was passed unanimously by the Management Board and recorded by a notary in Warsaw.
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