PlayWay S.A. is a Warsaw-based game developer and publisher with a share capital of 660,000 PLN divided into 6.6 million ordinary bearer shares.
See it on page 2The company mandates that at least 8% of annual net profit be allocated to supplementary capital until reserves reach one-third of the total share capital.
See it on page 10Governance is structured around a five-year term for a Management Board of one to five members and a Supervisory Board of five to seven members.
See it on page 7Significant corporate actions require high voting thresholds: a two-thirds majority for mergers or scope changes, and a three-quarters majority for issuing convertible bonds or acquiring treasury shares.
See it on page 6The Management Board President holds individual representation authority and a tie-breaking vote, while other board members must act jointly.
See it on page 9A target capital increase of up to 66,000 shares is reserved specifically for a Management Board incentive program to align leadership with corporate growth.
See it on page 2PlayWay S.A. operates as a Warsaw-based joint-stock company primarily dedicated to the development and publishing of video games. Its organizational structure is built upon a share capital of 660,000 PLN, represented by 6.6 million ordinary bearer shares. To align leadership interests with corporate growth, the governance framework includes provisions for a target capital increase of up to 66,000 shares specifically earmarked for a Management Board incentive program. The company’s fiscal year follows the calendar year, and its financial policies mandate that at least 8% of annual net profit be directed toward supplementary capital until that reserve reaches one-third of the total share capital.
Governance is distributed across a General Meeting, a Supervisory Board of five to seven members, and a Management Board of one to five members, all serving five-year joint terms. Decision-making processes are characterized by high thresholds for significant corporate actions; for instance, changes to the business scope or mergers require a two-thirds majority, while issuing convertible bonds or acquiring treasury shares necessitates a three-quarters majority. The Management Board operates under an absolute majority rule, with the President holding the tie-breaking vote and the authority to represent the company individually, whereas other members must act jointly.
Shareholder rights are protected through structured procedural timelines for motions and the mandatory establishment of an Audit Committee. Investors are entitled to dividends and potential dividend advances based on verified financial performance. These regulations ensure a stable legal and operational foundation for the company’s activities within the Polish gaming sector, emphasizing both rigorous financial oversight and a clear hierarchy of executive responsibility.
