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Report1 pages

Zawiadomienie w trybie art. 19 ust. 1 rozporządzenia MAR: 11 bit studios S.A.

The notice, dated 12 July 2024 and filed under Article 19(1) of the MAR regulation, informs shareholders that a supervisory board member, Marcin Kuciapski, has submitted a disclosure regarding the acquisition of shares in 11 bit studios S.A. The filing, received by the company on the same day, is attached to the notice for reference. The report confirms that the transaction was reported in compliance with MAR’s requirement for managers to disclose share purchases. The company’s executive team, led by President Przemysław Marszał and board member Grzegorz Miechowski, is listed as the point of contact for further inquiries. No additional details about the transaction size, price, or number of shares are provided in the summary, and the notice serves primarily as a procedural compliance statement rather than an analytical disclosure. The scope is limited to the Polish jurisdiction, covering only the internal reporting obligations of a listed company’s management. The methodology is straightforward: the supervisory board member submitted the required information, and the company forwarded it to regulators. The notice underscores adherence to MAR’s transparency requirements but offers no substantive market or financial insights beyond the fact of a share purchase by an insider.

  • Marcin Kuciapski, a member of the supervisory board at 11 bit studios S.A., acquired shares in the company.
  • The transaction was formally disclosed on 12 July 2024 in compliance with Article 19(1) of the Market Abuse Regulation (MAR).
  • The filing serves as a procedural transparency requirement for insider share purchases rather than a financial or analytical disclosure.
  • The report provides no specific data regarding the number of shares purchased, the transaction price, or the total value of the acquisition.
  • 11 bit studios S.A. management, including President Przemysław Marszał and board member Grzegorz Miechowski, is handling the regulatory filing process.
11 bit studios
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Report2 pages

Transaction Notification under Article 19(1) MAR

The notification reports a series of share purchases by Marcin Kuciapski, who holds the position of supervisory board member at 11 BIT Studios Spółka Akcyjna. The filing, required under Article 19(1) of the MAR regulation, details transactions executed on the Warsaw Stock Exchange (GPW) market for the company’s shares identified by ISIN PL11BTS00015. Two separate transaction dates are covered: 11 July 2024 and 12 July 2024. On the first date, a total of 80 shares were acquired at a uniform price of 632 PLN each, with individual trade volumes ranging from 5 to 10 shares. The second date involved the purchase of 40 shares at a price of 640 PLN each, with trade sizes between 1 and 23 shares. The aggregated volume for the two days totals 120 shares, all bought at a single price point per day. The notification specifies the transaction type as “Nabycie” (purchase) and lists the exchange venue as XWAR – GPW. No additional data on market impact, settlement terms or related parties beyond the supervisory board role is provided. The scope of the disclosure is limited to a single Polish listed company, covering only two days in mid‑July 2024, and focuses exclusively on the quantity and price of shares acquired by a key corporate officer.

  • Marcin Kuciapski, a supervisory board member at 11 BIT Studios S.A., acquired a total of 120 company shares across two days in July 2024.
  • On 11 July 2024, Kuciapski purchased 80 shares at a price of 632 PLN per share on the Warsaw Stock Exchange (GPW).
  • On 12 July 2024, an additional 40 shares were acquired at a price of 640 PLN per share.
  • All transactions were executed on the XWAR – GPW exchange venue and disclosed in compliance with Article 19(1) of the MAR regulation.
  • The acquisitions were conducted in small trade volumes, ranging from 1 to 23 shares per individual transaction.
11 bit studios
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Report1 pages

Change of Publication Date of the Periodic Report

The notice announces a postponement of the release date for 11 bit studios S.A.’s semi‑annual report covering the first half of 2024. The company, headquartered in Warsaw, originally scheduled publication for August 22, 2024, as stated in its current affairs report No. 1/2024 dated January 31, 2024. The new publication date is set for August 27, 2024. No other periodic reports will experience a change in their scheduled release dates.

The communication is issued under Article 56(1)(2) of the Polish Act on Offer, which governs current and periodic information disclosures. The notice is signed by Przemysław Marszał, Chairman of the Board, and Grzegorz Miechowski, a board member. The announcement serves to inform shareholders, regulators, and the public of the adjusted timeline for accessing the company’s financial performance data for the first half of 2024.

  • 11 bit studios S.A. has postponed the release of its semi-annual financial report for the first half of 2024.
  • The publication date has been moved from the original schedule of August 22, 2024, to August 27, 2024.
  • This adjustment applies exclusively to the 2024 semi-annual report, with no changes to the release schedules of other periodic reports.
  • The company is headquartered in Warsaw and issued this notice in compliance with Article 56(1)(2) of the Polish Act on Offer.
  • The announcement was formally authorized by Chairman of the Board Przemysław Marszał and board member Grzegorz Miechowski.
11 bit studios
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Report1 pages

Zawiadomienie w trybie art. 19 ust. 1 rozporządzenia MAR: RB 21/2024

The notification, filed under Article 19(1) of the MAR regulation, informs shareholders that on 26 September 2024 a supervisory board member, Piotr Wierzbicki, submitted a disclosure regarding the acquisition of shares in 11 bit studios S.A. The report confirms receipt of this notification by the company’s board and indicates that the details of the transaction are attached to the filing. The disclosure is required under MAR Article 19(3) for transactions executed by individuals exercising managerial duties. The notification is addressed to the company’s management, specifically the board of directors, and references the relevant legal basis for reporting such transactions. The company’s executive officers listed in the notice are President Przemysław Marszał and Board Member Grzegorz Miechowski. The document does not provide further quantitative details about the transaction, such as share quantity or price, but indicates that full information is available in the attached annex. The scope of the disclosure is limited to a single transaction by a supervisory board member within the Polish jurisdiction, covering the period up to 26 September 2024. No additional methodology or data sources are mentioned, as the filing serves to satisfy regulatory reporting obligations rather than present an analytical study.

  • Piotr Wierzbicki, a member of the supervisory board of 11 bit studios S.A., acquired company shares on 26 September 2024.
  • The transaction was formally disclosed to the company's management, including President Przemysław Marszał and Board Member Grzegorz Miechowski.
  • The disclosure was filed in compliance with Article 19(1) and 19(3) of the Market Abuse Regulation (MAR), which mandates reporting of transactions by individuals exercising managerial responsibilities.
  • While the filing confirms the acquisition occurred, specific quantitative data such as the volume of shares and the transaction price are contained within the document's private annex rather than the public summary.
  • The notification serves as a mandatory regulatory filing to ensure transparency regarding insider trading activity within 11 bit studios S.A.
11 bit studios
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Report1 pages

Zawiadomienie w trybie art. 19 ust. 1 rozporządzenia MAR: RB 22/2024

The notice, filed under Article 19(1) of the MAR regulation, reports that on 30 September 2024 a supervisory board member, Marcin Kuciapski, submitted information to 11 bit studios S.A. regarding the acquisition of shares in the company. The notification is attached to the report, and the board confirms receipt of the filing. 11 bit studios S.A.’s management, led by President Przemysław Marszał and board member Grzegorz Miechowski, acknowledges the submission. The communication serves to inform shareholders and regulators of a transaction involving an insider, in compliance with MAR’s disclosure requirements for transactions by persons exercising managerial duties. No further details on the transaction size, price, or number of shares are provided in the excerpt; only that the notice was received and recorded. The scope is limited to a single transaction by a supervisory board member within the Polish jurisdiction, covering the period up to 30 September 2024. The methodology is straightforward: a formal MAR‑19 notification filed by the insider, with the company’s board acknowledging receipt. The report fulfills regulatory obligations without offering additional analytical commentary or market impact assessment.

  • Marcin Kuciapski, a member of the supervisory board at 11 bit studios S.A., acquired company shares on 30 September 2024.
  • The transaction was formally disclosed to 11 bit studios S.A. in compliance with Article 19(1) of the Market Abuse Regulation (MAR).
  • The company's management, including President Przemysław Marszał and board member Grzegorz Miechowski, officially acknowledged receipt of the insider transaction notice.
  • The notification serves as a mandatory regulatory filing for persons exercising managerial duties within the Polish jurisdiction.
  • The provided disclosure does not specify the volume, price, or total number of shares involved in the acquisition.
11 bit studios
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Report1 pages

Zmiana udziału w ogólnej liczbie głosów 11 bit studios S.A.: Zmniejszenie stanu posiadania

The notice, dated 2 October 2024, informs shareholders that TFI Allianz Polska S.A., acting on behalf of several Allianz‑managed funds, has reduced its stake in 11 bit studios S.A. through a sale of shares executed on 30 September 2024. Prior to the transaction, the funds held 121 790 shares, representing 5.04 % of the company’s share capital and an equal proportion of voting rights at the shareholders’ meeting. After the sale, their holding decreased to 110 000 shares, amounting to 4.55 % of the share capital and voting power.

The filing confirms compliance with Polish securities law, noting that the funds possess no affiliated entities holding shares in 11 bit studios and hold no restricted financial instruments that would affect voting calculations. Consequently, the total number of votes attributable to the funds is 110 000, corresponding precisely to 4.55 % of all votes at the meeting.

The announcement is issued by the board of 11 bit studios, with Przemysław Marszał as Chairman and Michał Drozdowski as board member. The communication serves to satisfy regulatory disclosure requirements under Article 70(1) of the Polish Offer Act, ensuring transparency regarding significant shareholdings that fall below the 5 % threshold following the sale.

  • TFI Allianz Polska S.A. reduced its stake in 11 bit studios S.A. to 4.55% following a share sale executed on 30 September 2024.
  • The transaction involved the sale of 11,790 shares, decreasing the funds' total holding from 121,790 to 110,000 shares.
  • The reduction in shareholding caused the funds' voting power in 11 bit studios S.A. to drop from 5.04% to 4.55%.
  • The funds currently hold no affiliated entities with shares in the company and possess no restricted financial instruments that would impact voting rights.
  • The disclosure was issued to comply with Article 70(1) of the Polish Offer Act, as the stake fell below the 5% reporting threshold.
11 bit studios
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Report1 pages

RB 25/2024: Zamknięcie Projektu 8

The executive board of 11 bit studios S.A. announced on 17 December 2024 the termination of its internal game‑development venture, code‑named “Projekt 8.” The decision follows an assessment that the project lacks viable prospects for delivering a satisfactory return on investment. As of 30 September 2024, the project’s book value stood at PLN 48,432,077.90; closing it will necessitate a write‑down of unfinished development work, which will impact the company’s financial results for the current fiscal year. The precise amount of the write‑down will be determined after a comprehensive review of assets generated during the project’s lifecycle.

The shutdown also triggers workforce reductions within the Projekt 8 team, though the scale of these layoffs is not governed by the 2023 Act on Special Rules for Terminating Employment Contracts. The board’s resolution reflects a strategic shift away from projects that no longer align with the company’s profitability targets. The announcement was made by President Przemysław Marszał and Board Member Grzegorz Miechowski, underscoring the board’s commitment to fiscal discipline and resource reallocation. The communication serves as a formal disclosure of the project’s closure, its financial implications, and the associated human‑resource adjustments.

  • 11 bit studios S.A. officially terminated its internal game development venture, 'Projekt 8,' on 17 December 2024 due to insufficient return on investment prospects.
  • The project carried a book value of PLN 48,432,077.90 as of 30 September 2024, which will now be subject to a write-down of unfinished development work.
  • The write-down of Projekt 8 assets will negatively impact the company’s financial results for the 2024 fiscal year, with the final amount pending a comprehensive asset review.
  • The cancellation of the project has triggered workforce reductions within the Projekt 8 team.
  • The layoffs associated with the project closure are not subject to the 2023 Act on Special Rules for Terminating Employment Contracts.
11 bit studios
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RB 27/2024: Notification of Transactions by Persons Discharging Managerial Responsibilities

The notification, dated 23 December 2024, informs shareholders that two disclosures were received under Article 19(1) of the Market Abuse Regulation (MAR). Both notifications were submitted by Marcin Kuciapski, a member of the supervisory board, and PAI F.R., an entity linked to Kuciapski. The disclosures concern the acquisition of shares in 11 bit studios S.A., the company reporting the notifications. The report confirms receipt of these filings and indicates that their contents are attached to the notification.

The purpose of the communication is to comply with MAR’s requirement that individuals exercising managerial responsibilities disclose transactions involving the company’s securities. The report identifies the relevant parties: Przemysław Marszał, CEO of the board, and Grzegorz Miechowski, a board member. No additional data on transaction amounts, dates of purchase, or share quantities are provided in the text; such details are presumably contained within the attached documents.

The scope is limited to a single Polish entity, 11 bit studios S.A., and pertains specifically to transactions reported on the date of notification. The methodology is straightforward regulatory reporting, with no survey or statistical analysis involved. The communication serves to inform stakeholders of compliance with MAR and to maintain transparency regarding insider trading activities within the company.

  • 11 bit studios S.A. received formal notifications on 23 December 2024 regarding share acquisitions by company insiders.
  • The transactions were disclosed by Marcin Kuciapski, a member of the supervisory board, and PAI F.R., an entity linked to him.
  • The regulatory filings were submitted in compliance with Article 19(1) of the Market Abuse Regulation (MAR) regarding transactions by persons discharging managerial responsibilities.
  • The report identifies CEO Przemysław Marszał and board member Grzegorz Miechowski as key individuals associated with the disclosure requirements.
  • While the notification confirms the receipt of transaction filings for 11 bit studios S.A., the specific share quantities and purchase dates are contained only in the attached supplementary documents.
11 bit studios
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Release Dates for Periodic Reports: 2025

The announcement from Warsaw, dated January 14 2025, outlines the 11 bit studios S.A. schedule for releasing its periodic financial reports in 2025, pursuant to the Finance Minister’s regulation of March 2018 and Article 56.1.2 of the Public Offering Act. The company will publish its full‑year report for 2024 on April 10 2025, followed by quarterly and semiannual reports: Q1 2025 on May 15 2025, H1 2025 on August 28 2025, and Q3 2025 on November 20 2025. In line with § 79(2) of the Regulation, no reports will be issued for Q4 2024 or Q2 2025. The release dates are set by the Management Board, chaired by President Przemysław Marszał and Member Grzegorz Miechowski. The communication serves to inform shareholders, regulators, and market participants of the company’s compliance timetable for statutory disclosures within Poland’s public offering framework. No additional data, statistics, or methodological details are provided beyond the scheduled dates and regulatory references.

  • 11 bit studios S.A. will release its 2024 full-year financial report on April 10, 2025.
  • The 2025 quarterly and semiannual reporting schedule is set for May 15 (Q1), August 28 (H1), and November 20 (Q3).
  • In accordance with regulatory requirements, the company will not issue separate reports for Q4 2024 or Q2 2025.
  • The disclosure schedule is mandated by the Polish Finance Minister’s regulation of March 2018 and Article 56.1.2 of the Public Offering Act.
  • The reporting calendar was formally established by the company's Management Board, led by President Przemysław Marszał and Member Grzegorz Miechowski.
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11 bit studios
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Publishing Agreement Signed with The Outer Zone

The announcement confirms that 11 bit studios will publish the upcoming deck‑builder title “Death Howl,” developed by Danish studio The Outer Zone. The game centers on Ro, a grieving mother who confronts enemies in a Stone Age‑inspired Norse kingdom to reunite with her deceased son. The release is scheduled for 2025 on PC platforms.

This publishing partnership expands 11 bit studios’ portfolio into the narrative‑driven deck‑builder genre, complementing its existing action and adventure titles. The collaboration leverages The Outer Zone’s creative vision while providing 11 bit studios with a new IP that aligns with its focus on immersive storytelling and unique gameplay mechanics.

The announcement is issued by the Management Board of 11 bit studios, with Przemysław Marszał and Grzegorz Miechowski listed as the President and a Board member, respectively. The release date and platform details are specified, but no further financial terms or distribution arrangements are disclosed.

Geographically, the agreement targets the global PC market, with no regional restrictions noted. The time frame is limited to a 2025 launch window, indicating an upcoming development cycle that will likely involve marketing and localization efforts in the months leading up to release.

Overall, the report serves as a formal disclosure of a new publishing contract, highlighting 11 bit studios’ strategic move to broaden its genre offerings and strengthen ties with international developers.

  • 11 bit studios has signed a publishing agreement for the upcoming deck-builder title 'Death Howl,' developed by the Danish studio The Outer Zone.
  • The game is scheduled for a global release on PC platforms in 2025.
  • The title features a narrative-driven premise centered on a mother navigating a Stone Age-inspired Norse kingdom.
  • This partnership marks a strategic expansion for 11 bit studios into the narrative-driven deck-builder genre.
  • The agreement leverages 11 bit studios' focus on immersive storytelling while adding a new IP to its existing portfolio of action and adventure titles.
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11 bit studios
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Current Report No. 4/2025: Change in Depreciation Method for Frostpunk 2

The report announces a change in the depreciation method applied to the intangible asset “Frostpunk 2” by 11 bit studios. The company’s Management Board, following an agreement with its auditor, has decided to switch from a straight‑line depreciation over five years to a declining balance method spanning seven years, effective from the game’s release on 20 September 2024. This adjustment was made during the preparation of the 2024 financial statements.

Under the new method, the amortisation expense recorded in the 2024 statement of comprehensive income is PLN 12,521,440. Had the previous straight‑line approach been retained, the expense would have been PLN 3,130,360. The change therefore increases the annual depreciation charge by approximately PLN 9.4 million, reflecting a more accelerated recognition of the asset’s consumption.

The scope of the adjustment is limited to the PC version of “Frostpunk 2” and pertains solely to the 2024 financial period. No other assets or segments are affected, and the report does not provide additional data on broader industry trends or comparative benchmarks. The methodology is straightforward: a recalculation of depreciation based on the agreed accounting policy, with no mention of external data sources or survey samples. The notice serves to inform stakeholders of the revised accounting treatment and its impact on reported earnings for the year.

  • 11 bit studios has transitioned the depreciation method for the intangible asset 'Frostpunk 2' from a five-year straight-line model to a seven-year declining balance method.
  • The accounting change, effective from the game's 20 September 2024 release, resulted in a 2024 amortization expense of PLN 12,521,440.
  • The new method increased the 2024 depreciation charge by approximately PLN 9.4 million compared to the PLN 3,130,360 that would have been recorded under the previous straight-line approach.
  • The revised accounting treatment reflects an accelerated recognition of the asset's consumption for the 2024 financial period.
  • This adjustment is strictly limited to the PC version of 'Frostpunk 2' and does not impact any other company assets or business segments.
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11 bit studios
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Current Report No. 5/2025: Change in Publication Date of Periodic Reports

The announcement from the Management Board of 11 bit studios S.A. confirms a modification to the release schedule for its annual financial disclosures. Specifically, the Annual Report covering fiscal year 2024 will now be issued on April 15, 2025, rather than the originally planned April 10, 2025. This adjustment is made under Article 56.1.2 of the Public Offering Act, which governs current and periodic information obligations for listed companies.

All other publication dates for the Company’s periodic reports, as outlined in the earlier Current Report No. 1/2025 dated January 14, 2025, remain unchanged. The change applies solely to the 2024 Annual Report and does not affect quarterly or other interim statements.

The notice is signed by Przemysław Marszał, President of the Management Board, and Grzegorz Miechowski, a board member, indicating executive approval. No additional data or statistical details are provided in the communication; it serves purely as a procedural update to inform shareholders and market participants of the revised release timetable.

  • 11 bit studios S.A. has rescheduled the release of its 2024 Annual Report from April 10, 2025, to April 15, 2025.
  • The modification is a procedural update executed under Article 56.1.2 of the Public Offering Act regarding periodic information obligations.
  • All other periodic report publication dates previously announced on January 14, 2025, remain unchanged.
  • The adjustment applies exclusively to the 2024 Annual Report and does not impact the company's quarterly or interim financial statements.
  • The change was formally approved and signed by President Przemysław Marszał and board member Grzegorz Miechowski.
11 bit studios

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