Raport Bieżący Nr 10/2017

PlayWay S.A. has finalized an amendment to its investment agreement with the shareholders of Pyramid Games Sp. z o.o., a development studio based in Lublin, Poland. This agreement, concluded on February 22, 2017, marks a strategic expansion of PlayWay’s portfolio through the acquisition of a majority stake in the subsidiary. The amendment specifically increases the investor's financial commitment from the previously agreed 300,000 PLN to a total cash contribution of 330,000 PLN.

Under the terms of the updated agreement, PlayWay has formally declared its accession to the company and its commitment to subscribe to new shares within the increased share capital. Upon the official registration of this capital increase in the National Court Register, PlayWay will hold a 60% controlling interest in Pyramid Games. The remaining shares continue to be held by the founding partners, including Jacek Wyszyński, Michał Skałba, Gwidon Budziak, Adrian Przydatek, and Damian Chalimoniuk.

The primary objective of this capital injection is to fund the development of new software projects, specifically targeting the production of a simulation title currently operating under the working title Motorcycle Mechanic. This investment aligns with the broader industry trend of established publishers securing majority stakes in specialized development teams to diversify their product catalogs. The transaction was conducted under the legal framework of the Market Abuse Regulation regarding the disclosure of inside information by public companies.