PlayWay

Game Co.

375 documents

Documents

Raport Bieżący ESPI Nr 11/2025

PlayWay S.A. has formally confirmed the fulfillment of performance criteria for its Management Board Incentive Program for the 2024 fiscal year. Following a resolution by the Supervisory Board on July 30, 2025, the company verified that President Krzysztof Kostowski met all necessary financial and operational benchmarks. This confirmation triggers the issuance of new shares as part of the executive compensation structure within the Polish game development and publishing sector. The financial threshold for the program required the company to exceed its previous year's performance. PlayWay reported a net profit of 148,914,053.19 PLN for 2024, representing an increase of approximately 4.9 million PLN over the 144,005,978.33 PLN earned in 2023. Beyond financial metrics, the eligibility criteria included the continuous holding of office through June 30, 2025, and the successful acquisition and supervision of at least five new, original game projects. Specific titles credited to this achievement include Recycling Center Simulator, 30 Days on Ship, Laundry Store Simulator, Gym Manager, and Supermarket Horizon. As a result of these achievements, Krzysztof Kostowski is entitled to subscribe to 66,000 new ordinary bearer shares at an issue price of 0.10 PLN per share. A participation agreement signed on July 31, 2025, mandates a 24-month lock-up period, during which the participant is prohibited from selling the newly acquired shares. The company plans to increase its share capital within the limits of its authorized capital to facilitate this issuance within 30 days, pending the formal registration of statutory changes regarding authorized capital. This action reflects the company's ongoing strategy of aligning executive incentives with long-term shareholder value and portfolio expansion.

investment salary employment+1

PlayWayJul 2025

Legal

RB ESPI 7/2025

The management board of PlayWay S.A., a prominent Polish video game developer and publisher, announced the formal reappointment of its Supervisory Board members for a new term following the Ordinary General Meeting held on June 30, 2025. This corporate action, executed through resolutions 21 through 25, ensures leadership continuity within the company’s oversight body. The appointed members include Michał Markowski, Jan Szpetulski-Łazarowicz, Lech Klimkowski, Ludwik Sobolewski, and Bartosz Graś, with the latter specifically designated to serve as the Chairman of the Supervisory Board. The scope of this announcement covers the governance structure of the Warsaw-based issuer, adhering to legal requirements regarding current and periodic information for public companies. Each appointed member has been verified to ensure there are no conflicts of interest with the company’s operations. Specifically, the appointees are not listed in the Register of Insolvent Debtors and do not engage in activities competitive with PlayWay S.A., whether as partners in civil or personal partnerships or as members of governing bodies in competing capital companies or legal entities. This regulatory filing serves as a formal confirmation of the company's adherence to the Minister of Finance's regulations concerning transparency for security issuers. By maintaining the existing composition of the Supervisory Board, PlayWay S.A. signals a period of strategic stability for its stakeholders. The documentation confirms that the professional qualifications and biographical data of the members support their suitability for overseeing the company’s diverse portfolio of game development studios and investment projects during the upcoming term.

mergers-acquisitions market-analysis investment+1

PlayWayJun 2025

Legal

Resolution No. 1: Ordinary General Meeting of PlayWay S.A.

PlayWay S.A. concluded its Ordinary General Meeting on June 30, 2025, with shareholders representing 83.86% of the share capital approving the company’s 2024 financial performance and strategic governance shifts. The fiscal year 2024 was characterized by significant profitability, with the standalone entity reporting a net profit of 148.9 million PLN and a consolidated net profit of 170.2 million PLN attributable to the parent company. Total consolidated assets and liabilities reached 551.7 million PLN. Based on these results, the assembly approved a substantial dividend distribution of 148.83 million PLN, equating to 22.55 PLN per share, scheduled for payment in mid-July 2025. The governance structure underwent formalization and extension, with the terms for both the Management Board and the Supervisory Board increased to five years. Krzysztof Kostowski was reappointed as President of a two-person Management Board alongside Vice President Jakub Trzebiński, while the Supervisory Board was reconstituted with five members under the chairmanship of Bartosz Antoni Graś. To align with long-term growth objectives, the assembly authorized the Management Board to increase share capital by up to 66,000 new shares to facilitate an incentive program for board members. Furthermore, the company’s Articles of Association were amended to officially recognize Kostowski as the founder and to broaden the business scope to include diverse retail, advertising, and publishing activities. Operational and financial policies were also reinforced, requiring at least 8% of net profit to be allocated to supplementary capital. The updated statutes mandate the establishment of an Audit Committee and introduce modernized protocols for remote voting and conflict of interest disclosures. These resolutions, passed with overwhelming majority support, solidify the Warsaw-based developer and publisher’s corporate framework as it manages a share capital of 660,000 PLN divided into 6.6 million bearer shares. The assembly concluded by granting formal discharge to all board members for their duties during the 2024 fiscal year, signaling shareholder confidence in the current leadership and the company's financial trajectory.

game-publishing mergers-acquisitions investment+1

PlayWayJun 2025

Legal

Wykaz Akcjonariuszy Powyżej 5% Głosów na ZWZ PlayWay S.A. (30 Czerwca 2025)

The shareholder structure of PlayWay S.A. during the Ordinary General Meeting held on June 30, 2025, reflects a highly concentrated voting power held by two primary entities. Based on the official disclosure required by Polish market regulations, the meeting involved the participation of major stakeholders who collectively command a dominant majority of the company’s decision-making process. The data identifies Fundacja Rodzinna Kostowscy and ACRX Investments Limited as the sole entities holding more than 5% of the votes at this specific assembly. Statistical analysis of the voting distribution reveals that both Fundacja Rodzinna Kostowscy and ACRX Investments Limited held an identical number of 2,700,000 votes each. This volume represented 48.78% of the total votes present at the June 30 meeting for each shareholder, meaning these two entities together controlled over 97% of the votes cast during the proceedings. In the broader context of the company’s total capital structure, each of these shareholders accounts for 40.91% of the overall number of votes in the company. This disclosure focuses specifically on the Polish gaming sector and the corporate governance of PlayWay S.A. at a single point in time. The methodology for these findings is based on the formal attendance list and share registry verified during the General Meeting, as reported by the Management Board. The findings underscore a stable and centralized ownership model, where the strategic direction of the studio remains under the significant influence of these two major investment vehicles.

investment mergers-acquisitions market-analysis+1

PlayWayJun 2025

Legal

Uchwały podjęte na Zwyczajnym Walnym Zgromadzeniu PlayWay S.A. w dniu 30 czerwca 2025 r.

The Ordinary General Meeting of PlayWay S.A., held on June 30, 2025, resulted in the successful adoption of all proposed resolutions concerning the company’s corporate governance and financial oversight. The proceedings, conducted at the company’s headquarters in Warsaw, adhered strictly to the planned agenda without any items being withdrawn or omitted. This meeting serves as a critical regulatory milestone for the Polish game developer and publisher, ensuring compliance with national securities laws regarding periodic and current reporting for publicly traded entities. The governance process concluded with unanimous or majority approval for all submitted motions, as no formal objections were recorded in the meeting minutes. The resolutions encompass essential administrative and financial mandates typical for an annual general meeting, including the validation of voting results by share count and the percentage of share capital represented. The data confirms that the participation levels were sufficient to maintain the validity of the votes cast, categorized by those in favor, against, and abstaining. By fulfilling these statutory requirements under the Act on Public Offering and the Regulation of the Minister of Finance, PlayWay S.A. maintains its transparency with shareholders and regulatory bodies. The leadership, represented by CEO Krzysztof Kostowski, confirmed that the meeting met all legal thresholds for decision-making. This outcome stabilizes the company’s operational framework for the upcoming fiscal period, reinforcing its position within the Polish and international gaming industry segments through formalized corporate approval of its strategic and financial direction.

investment mergers-acquisitions game-publishing+1

PlayWayJun 2025

Legal

Professional CV: Ludwik Leszek Sobolewski

Ludwik Leszek Sobolewski is a highly experienced legal and financial executive with a career spanning over three decades in the capital markets and corporate governance sectors. Holding a law degree from Jagiellonian University and a Diplome d’Etudes Approfondies from Université Paris-Assas, he possesses professional qualifications as both an advocate and a legal advisor. His career is defined by high-level leadership roles within major financial institutions, most notably serving as the President of the Management Board of the Warsaw Stock Exchange from 2006 to 2013 and subsequently as the President of the Bucharest Stock Exchange from 2013 to 2017. His professional trajectory demonstrates a deep integration into the European financial landscape, including a twelve-year tenure as Vice President of the National Depository for Securities in Poland and a role as an advisor to the Council of Ministers. Since 2022, he has served as a member of the Supervisory Board for PlayWay S.A., a prominent entity in the gaming industry. His current professional activities extend across multiple sectors, including his role as President of Emerging Europe Marketplace and his involvement as a partner in a specialized law firm. The scope of his expertise is further evidenced by a broad portfolio of supervisory board positions held between 2018 and 2025. These roles cover diverse industries such as media, investment, and interactive entertainment, including positions at Red Carpet Media Group, EduGames, and Wildlands Interactive. This extensive background in market regulation, corporate strategy, and legal oversight positions him as a central figure in the Polish and Romanian capital markets, providing significant strategic value to the gaming and technology sectors through his governance and legal expertise.

employment salary poland

PlayWayJun 2025

Legal

CV: Michał Markowski, Dr inż., ACCA

Michał Markowski is a highly experienced executive specializing in finance, information technology, and mergers and acquisitions within the Polish market. His professional trajectory demonstrates a unique intersection of technical engineering and high-level financial management, supported by a PhD in Computer Science and an ACCA qualification. The primary focus of his career involves leading large-scale corporate restructurings, managing private equity-backed ventures, and overseeing significant state-level financial initiatives. Key achievements include serving as the CFO of Rockfin S.A., a major engineering firm with 1 billion PLN in revenue, and holding pivotal roles within the Polish Ministry of Treasury. During his tenure with the government, he was instrumental in creating the Polish Investments Program, which deployed over 30 billion PLN in financing. He also managed the consolidation of the chemical sector to form Grupa Azoty, coordinated the successful turnaround of the national airline PLL LOT from near-bankruptcy to profitability, and oversaw IPOs and share sales valued at approximately 12.5 billion PLN. The scope of his expertise extends into the technology and gaming sectors, evidenced by his current supervisory board memberships at major Polish gaming and tech companies such as PlayWay S.A. and LiveChat S.A., both valued at approximately 1 billion PLN. His background also includes entrepreneurial success, having founded an accounting firm and a retail network, as well as early-career experience as a software developer. This combination of deep technical knowledge in C++, C#, and SQL with sophisticated financial modeling and M&A strategy positions him as a versatile leader capable of navigating complex industrial and digital transformations.

employment mergers-acquisitions poland

PlayWayJun 2025

Legal

Rb Espi 8/2025

The Management Board of PlayWay S.A., a prominent Polish game developer and publisher, has officially authorized the distribution of dividends to its shareholders following a resolution passed during the Ordinary General Meeting on June 30, 2025. This financial action involves the allocation of a total dividend pool amounting to 148,830,000.00 PLN. The distribution encompasses all 6,600,000 ordinary bearer shares issued by the company, resulting in a specific payout of 22.55 PLN per share. The timeline for this corporate action is strictly defined within the Polish regulatory framework for public companies. The dividend record date, which determines the eligibility of shareholders to receive the payout, is set for July 8, 2025. Following this, the actual disbursement of funds to eligible investors is scheduled to take place on July 15, 2025. This decision reflects the company's current strategy regarding profit distribution and capital management for the 2025 fiscal period. This announcement adheres to the legal requirements stipulated by the Act on Public Offering and the Regulation of the Minister of Finance regarding current and periodic information provided by issuers of securities. The disclosure serves as a critical update for institutional and individual investors monitoring PlayWay S.A.’s financial health and commitment to shareholder returns within the Warsaw Stock Exchange environment. The resolution was formally executed by the President of the Management Board, Krzysztof Kostowski, ensuring compliance with corporate governance standards.

investment game-publishing market-analysis+1

PlayWayJun 2025

Legal

RB ESPI 6/2025: Appointment of Management Board Members for a New Term

The Ordinary General Meeting of PlayWay S.A., a prominent Polish game developer and publisher, convened on June 30, 2025, to formalize the leadership structure for the upcoming term. Through the adoption of resolutions 19 and 20, the shareholders reappointed the existing leadership team to their respective roles. Krzysztof Kostowski continues his tenure as the President of the Management Board, while Jakub Trzebiński retains his position as Vice President. This decision ensures executive continuity for the Warsaw-based company, which is known for its extensive portfolio of simulation titles and its unique incubator business model. The appointments comply with Polish capital market regulations regarding current and periodic information provided by issuers of securities. Both executives have confirmed that they do not engage in any activities competitive to PlayWay S.A. outside of the enterprise. Furthermore, neither individual participates in competitive entities as partners or board members, nor are they listed in the Register of Insolvent Debtors maintained under the National Court Register Act. These declarations serve to mitigate potential conflicts of interest and verify the professional standing of the leadership team. This administrative action reflects the company's adherence to corporate governance standards and statutory reporting requirements for publicly traded entities in Poland. By maintaining the current management composition, PlayWay S.A. signals a commitment to its established strategic direction and operational stability. The reappointments are effective immediately for the new term, reinforcing the roles of the key architects behind the company's market position within the global gaming industry.

employment game-publishing poland

PlayWayJun 2025

Legal

Życiorys Zawodowy

Jan Piotr Szpetulski-Łazarowicz is a seasoned financial executive and strategic advisor with over fifteen years of experience in corporate finance, auditing, and operational management. Holding a Master’s degree in Economics from the University of Warsaw, his career trajectory reflects a deep specialization in mergers and acquisitions, capital raising, and financial reporting standards. His professional background is rooted in high-level auditing roles at major firms such as EY and Mazars, where he managed complex financial audits and due diligence processes with a focus on International Accounting Standards and internal controls. The scope of his expertise extends across various industry segments, including technology, sports management, and the gaming sector. Between 2019 and 2022, he served in critical leadership capacities as a COO, CFO, and interim executive for several high-growth entities such as Nevomo, Booksy, and Console Labs. During this period, he was responsible for overseeing financial operations, tax structuring, and budgeting, while also facilitating the listing of companies on the NewConnect market. Currently, he serves as a Partner at Qualia Advisory, a boutique firm focused on investor relations and transaction advisory. In addition to his executive roles, Szpetulski-Łazarowicz maintains a significant presence in corporate governance within the Polish gaming and technology industries. Since 2020, he has held a seat on the Supervisory Board of PlayWay S.A., a major player in the global gaming market, and serves as the Chairman of the Supervisory Board for Freemind S.A. His international experience includes a tenure as Vice President of the Board for Babi Yar in Kyiv, Ukraine. This combination of operational leadership and supervisory oversight highlights a career dedicated to financial transparency, strategic growth, and the professionalization of corporate structures in Central and Eastern Europe.

employment salary poland

PlayWayJun 2025

Legal

Zmiany Statutu wynikające z uchwały nr 26 Zwyczajnego Walnego Zgromadzenia

The legal amendments to the Articles of Association of PlayWay S.A., a prominent Polish video game publisher and developer, were formally adopted following Resolution No. 26 of the Ordinary General Meeting held on June 30, 2025. These changes serve to modernize the company’s corporate governance framework, clarify its foundational history, and significantly broaden its registered business activities. A primary update involves the formal recognition of Krzysztof Kostowski as the company’s founder. Furthermore, the scope of business operations has been extensively redefined under the Polish Classification of Activities (PKD). While the core focus remains on computer game publishing and programming, the expanded scope now includes diverse sectors such as the production of games and toys, retail and wholesale of information technology equipment, textile and clothing sales, and media-related activities including television broadcasting and film post-production. This indicates a strategic shift toward a more diversified commercial ecosystem surrounding the company’s intellectual property. Governance structures have also been standardized, with the terms of office for both the Management Board and the Supervisory Board set at five years, calculated in full financial years. The Supervisory Board’s competencies have been updated to include the selection of auditing firms not only for financial audits but also for the attestation of sustainability reporting, reflecting increasing regulatory requirements for corporate social responsibility and ESG transparency. Additionally, the authority to determine dividend dates and payment schedules is explicitly vested in the Ordinary General Meeting, ensuring compliance with current legal standards. These amendments collectively streamline the company’s internal regulations to support long-term operational stability and broader market engagement.

game-publishing mergers-acquisitions market-analysis+1

PlayWayJun 2025

Legal

Życiorys Zawodowy: Lech Artur Klimkowski

Lech Artur Klimkowski is a highly experienced financial executive and management professional with a career spanning over two decades, primarily within the Polish food production and gaming sectors. His professional profile is defined by a strong academic foundation in accounting and finance from Kozminski University, supplemented by prestigious international certifications including the FCMA and CGMA titles. As a member of both the American Institute of Certified Public Accountants and the Chartered Institute of Management Accountants, he possesses advanced qualifications in global financial management and strategic controlling. The trajectory of his career demonstrates a long-term commitment to Indykpol S.A., where he has ascended through various leadership roles since 2011. Currently serving as the Managing Director for Finance and Controlling, his previous responsibilities within the organization included risk management and long-term planning. His executive experience is further bolstered by several CEO positions at companies such as Ozkom and Złoty Indyk, as well as operational leadership roles in service-oriented firms. This diverse background indicates a specialization in corporate restructuring, budgeting, and financial oversight across complex organizational structures. Beyond his primary executive functions, he maintains a significant presence in corporate governance and external business activities. Since 2020, he has served as a member of the Supervisory Board for PlayWay S.A., a major player in the international gaming industry, where he applies his financial expertise to the oversight of listed entities. His current portfolio also includes liquidator roles and various proxy positions for agricultural and nutritional firms. This combination of internal financial management and external supervisory experience positions him as a central figure in the fiscal administration of prominent Polish enterprises.

employment salary poland

PlayWayJun 2025