PlayWay S.A. has formalized an investment agreement to acquire a majority stake in the Warsaw-based development team, President Studio Sp. z o.o. Under the terms of the agreement, PlayWay committed a cash contribution of 250,000 PLN to subscribe to new shares in the developer’s increased share capital. Upon the official registration of this capital increase, PlayWay holds a 75% controlling interest in the entity, while the three founding natural persons retain the remaining 25% of the shares.
The primary strategic objective of this acquisition is to provide the necessary resources and oversight to enhance the production quality of the PC title, I Am Your President. Although the project was initially conceived as a small-scale production, significant player interest and positive feedback on the Steam platform necessitated a shift in development scope. The investment allows the studio to implement fundamental changes and expansions to the game to meet the heightened expectations of the global gaming community.
This transaction, finalized in September 2018, reflects a broader industry trend of established publishers utilizing capital injections to scale promising indie projects that demonstrate early market traction. By integrating President Studio into its corporate structure, PlayWay secures a majority share in the intellectual property while providing the financial backing required to transition the title from a minor project into a more robust commercial offering. The move underscores the importance of community feedback in determining project scale and investment priorities within the PC gaming segment.
The management of PlayWay S.A. announced a significant restructuring of the share capital within its subsidiary, Pyramid Games Sp. z o.o., following a resolution passed on August 2, 2018. The Extraordinary General Meeting of Shareholders approved an increase in the share capital from 12,500 PLN to 100,000 PLN. This expansion was achieved through the issuance of 1,750 new shares, which were subscribed to by existing shareholders and a group of nine new individual investors for a total consideration of 379,000 PLN.
This financial maneuver resulted in a shift in the ownership structure of the Lublin-based development studio. Prior to this capital increase, PlayWay held a 60% stake in the company, which it had integrated into its capital group in 2017. Following the registration of the new shares with the National Court Register, PlayWay’s ownership interest adjusted to 55.10%. The remaining equity is distributed between the original individual shareholders, who hold 36.8%, and the newly joined individual investors, who collectively account for 8.10% of the company.
The infusion of capital supports the ongoing operations of Pyramid Games during a period of active development. At the time of the announcement, the studio was focused on the production of its title Occupy Mars. This corporate action was disclosed in accordance with market abuse regulations regarding inside information, reflecting the strategic importance of subsidiary financing and equity distribution within the broader PlayWay ecosystem during the 2018 fiscal period.
The Management Board of PlayWay S.A. announced a significant restructuring of the share capital within its subsidiary, Atomic Jelly Sp. z o.o., following a resolution passed on July 25, 2018. The capital increase involves raising the share capital from 25,000 PLN to 200,000 PLN through the issuance of 700 new shares. These shares are being acquired by existing shareholders, including PlayWay and seven individuals, as well as a new strategic partner for a total investment of 337,000 PLN.
This financial maneuver results in a shift in the ownership structure of the Poznań-based development studio. Prior to this resolution, PlayWay held an 80% stake in the company, which it has controlled since 2016. Following the registration of the capital increase with the National Court Register, PlayWay’s ownership will adjust to 65%, while the existing individual shareholders will hold 20% and the new partner will secure a 15% stake.
The infusion of capital coincides with Atomic Jelly’s operational expansion as it enters the production phase of its upcoming title, Mongolia Truck. This corporate action, disclosed under market abuse regulations regarding inside information, reflects the ongoing portfolio management strategy of PlayWay as it balances equity stakes with the funding requirements of its subsidiary studios during active development cycles.
The management board of PlayWay S.A. announced a significant restructuring of the share capital within its subsidiary, Polyslash Sp. z o.o., following a resolution passed during an Extraordinary General Meeting on July 24, 2018. This corporate action involves increasing the share capital of the Krakow-based studio from 20,000 PLN to 200,000 PLN. The expansion is facilitated through the issuance of 900 new shares, which are being acquired for a total consideration of 345,000 PLN.
The subscription of these new shares involves a combination of existing and new stakeholders. PlayWay S.A. participated in the capital increase alongside five individual existing shareholders and one entirely new partner. Upon the formal registration of this capital increase with the National Court Register, the ownership structure of Polyslash will be redistributed. PlayWay S.A. will maintain a majority stake of 56%, while the group of existing individual shareholders will hold 29%, and the new partner will secure a 15% interest in the company.
This financial injection and equity adjustment occur during a critical operational phase for Polyslash, as the studio is currently engaged in the production of its title, We. The Revolution. The move reflects a strategic effort to bolster the subsidiary's capital base and diversify its partnership structure as it moves toward the completion of its development projects. The disclosure of this information aligns with regulatory requirements regarding the communication of inside information that could impact the valuation of the parent company, PlayWay S.A.
PlayWay S.A. has entered into a strategic distribution agreement with Shenzhen Tencent Computer Systems Company Limited to facilitate the entry of its gaming portfolio into the Chinese market. This partnership establishes a formal channel for the Polish developer and publisher to leverage Tencent’s extensive distribution infrastructure within one of the world’s largest gaming territories. The agreement signifies a targeted expansion effort by PlayWay to capitalize on the growing demand for simulation and niche titles among Chinese consumers.
The initial phase of this collaboration focuses on the release of Demolish & Build 2018, which will serve as the debut title under the new arrangement. While the contract confirms the intent to bring this specific game to market, the precise release date remains subject to future determination. This phased approach allows both parties to coordinate marketing and localization efforts before committing to a commercial launch window.
This development reflects a broader industry trend of Western publishers seeking established local partners to navigate the complex regulatory and logistical landscape of the Chinese gaming industry. By aligning with a dominant market player like Tencent, PlayWay aims to maximize its commercial reach and operational efficiency in the region. The agreement, finalized in July 2018, marks a significant milestone in the company’s international growth strategy and its efforts to diversify its revenue streams across global geographic segments.
The management board of PlayWay S.A., a prominent Polish game developer and publisher, finalized the distribution of corporate earnings to its shareholders following a resolution passed during the Ordinary General Meeting on June 27, 2018. This financial action reflects the company’s performance and capital allocation strategy for the preceding fiscal period, specifically targeting the 6,600,000 shares that constitute the eligible share capital for this payout.
The total dividend allocation amounts to 15,708,000 PLN, which translates to a gross payment of 2.38 PLN per share. To facilitate this distribution, the company established a dividend record date of July 10, 2018, which served as the deadline for determining shareholder eligibility. The actual disbursement of funds was scheduled to occur on July 24, 2018. This timeline adheres to the standard regulatory requirements for publicly traded companies on the Warsaw Stock Exchange, ensuring transparency and timely communication with the investment community.
This financial disclosure was issued in accordance with Polish legal requirements regarding current and periodic information provided by issuers of securities. By distributing a significant portion of its capital, the company demonstrates its commitment to shareholder returns within the competitive landscape of the global gaming industry. The announcement underscores the operational stability of the Warsaw-based firm during the 2018 period, highlighting its ability to generate sufficient cash flow to support both ongoing development projects and direct investor compensation.
The resolutions from the Ordinary General Meeting of PlayWay S.A., held on June 27, 2018, formalize the company’s corporate governance and financial results for the 2017 fiscal year. The primary purpose of these proceedings was to approve the financial statements, distribute profits, and grant discharge to the members of the Management and Supervisory Boards. The meeting represented 81.99% of the share capital, with 5,411,197 shares participating in the voting process.
Key financial findings include the approval of a standalone net profit of 15,758,450.11 PLN and a consolidated net profit for the Capital Group of 16,778,103.20 PLN. Shareholders resolved to distribute nearly the entire standalone profit as dividends, allocating 15,708,000.00 PLN to shareholders at a rate of 2.38 PLN per share. The remaining 50,450.11 PLN was directed to the company’s supplementary capital. The dividend date was set for July 10, 2018, with the payout scheduled for July 24, 2018.
The scope of the resolutions covers the administrative and financial performance of the Warsaw-based game developer and its subsidiaries throughout the 2017 calendar year. Procedural actions included the election of Krzysztof Kostowski as Chairman of the meeting and the appointment of a Scrutiny Committee. All board members, including President Krzysztof Kostowski and Vice President Jakub Trzebiński, received formal discharge for their duties. The voting results showed overwhelming shareholder support, with most resolutions passing unanimously or with a negligible number of abstentions.
The ownership structure of PlayWay S.A. during its Ordinary General Meeting held on June 27, 2018, reveals a highly concentrated distribution of voting power among two primary entities. According to the official disclosure of shareholders holding at least 5% of the votes at the assembly, the company’s governance is dominated by its founder and a major investment vehicle. This specific reporting period focuses on the voting results from the Warsaw-based developer and publisher’s annual meeting, reflecting the internal power dynamics of the Polish gaming sector during the mid-2018 fiscal cycle.
The data indicates that Krzysztof Kostowski, serving as the President of the Management Board, held 2,700,000 votes. This stake represented 49.9% of the votes present at the meeting and 40.91% of the total aggregate number of votes within the company. Simultaneously, ACRX Investments Limited, based in Nicosia, Cyprus, held an identical position with 2,700,000 votes, also accounting for 49.9% of the votes at the assembly and 40.91% of the total voting rights. Together, these two shareholders controlled nearly 100% of the decision-making power during the session, leaving only a negligible fraction of the represented votes to minority participants.
This disclosure follows the legal requirements for publicly traded companies on the Polish market to maintain transparency regarding significant blocks of shares. The methodology relies on the registration of shareholders present or represented at the meeting, providing a snapshot of the capital structure and influence. The findings confirm that PlayWay S.A. operated under a stable, dual-anchor ownership model, where the founder and a single investment entity maintained equal and decisive control over the company’s strategic direction and corporate resolutions.
The management board of PlayWay S.A. issued this regulatory update to supplement the company’s individual annual report for the 2017 fiscal year. This action was taken to ensure full compliance with the Polish Minister of Finance's regulations regarding current and periodic information provided by securities issuers. The primary objective of the update is to rectify omissions in the original filing published in April 2018, specifically regarding executive compensation and corporate governance disclosures.
The supplemental data focuses on two critical areas of transparency for the Warsaw-based game developer and publisher. First, it provides a detailed breakdown of the values of remuneration, awards, and benefits—including those derived from incentive or bonus programs based on the issuer's capital—for each member of the management and supervisory boards. This includes cash payments, benefits in kind, and potential entitlements from instruments such as convertible bonds or subscription warrants. Second, the update includes a formal statement on corporate governance, specifically detailing the composition of the Audit Committee, any personnel changes within that body during the 2017 financial year, and a description of its operational activities.
This regulatory filing is administrative and corrective in nature, covering the 2017 reporting period for the Polish market. The management board explicitly states that these additions and clarifications regarding executive pay and committee structures have no impact on the financial results previously reported in the 2017 individual annual statement. The document serves as a formal adherence to legal transparency requirements for publicly traded entities on the Warsaw Stock Exchange, ensuring that stakeholders have access to the full scope of required governance and compensation data.
The management board of PlayWay S.A., a prominent Polish game developer and publisher, issued a formal supplement to its 2017 consolidated annual report to ensure full compliance with national financial reporting regulations. This regulatory filing addresses specific omissions in the original report published in April 2018, focusing on executive compensation and corporate governance disclosures required for publicly traded companies on the Warsaw Stock Exchange.
The primary focus of the supplement is the detailed disclosure of remuneration, bonuses, and benefits awarded to members of the management and supervisory boards. This includes all forms of compensation, whether paid in cash, in-kind, or through capital-based incentive programs such as subscription warrants or convertible bonds. By providing these figures for each individual executive and supervisor, the company adheres to transparency mandates regarding the financial incentives provided to its leadership during the 2017 fiscal year.
Additionally, the update provides a comprehensive statement on corporate governance, specifically detailing the composition and operational activities of the Audit Committee. The supplement outlines any personnel changes within this committee over the course of the financial year and describes its functional role in overseeing the company’s financial reporting processes. These disclosures are strictly administrative and regulatory in nature; the management board explicitly confirms that these additions do not alter the financial results or performance metrics previously reported for the 2017 fiscal year. The scope remains limited to the internal governance and executive structures of the PlayWay capital group within the Polish regulatory framework.
Ultimate Games, a subsidiary of PlayWay S.A., has entered into a strategic licensing agreement with Discovery Licensing Inc. to develop and publish a video game based on the popular television franchise Deadliest Catch. Under the terms of this agreement, the developer gains access to essential intellectual property, including trademarks, music, voice acting, character likenesses, and other audio-visual assets. The resulting title, Deadliest Catch: The Game, is scheduled for a 2019 release, marking a significant expansion of the studio's portfolio into high-profile licensed content.
The partnership extends beyond mere asset usage to include a comprehensive global marketing campaign managed by Discovery. This promotional strategy involves television advertising across Discovery’s network, product placement within its programming, and endorsements from the show’s featured talent. Furthermore, the marketing plan encompasses social media promotion, public relations initiatives, and direct mailing campaigns. Discovery will also leverage its industry relationships to secure premium visibility and featuring on major digital distribution platforms, such as the App Store, to maximize the game's commercial impact upon launch.
This collaboration represents a pivotal growth milestone for Ultimate Games, which has already demonstrated success in the simulation genre with titles like Ultimate Fishing Simulator. At the time of the agreement, the studio maintained a robust pipeline of over 20 projects slated for release between 2018 and 2020. The success of previous titles, which reached top global bestseller rankings on Steam and achieved millions of downloads on mobile platforms, provides a foundation for this expansion. Both parties have indicated that this agreement may serve as a precursor to further collaborations involving other properties within the Discovery portfolio.
The management of PlayWay S.A. issued a formal communication regarding the performance and future strategy of its subsidiary, Madmind Studio, following the commercial and critical underperformance of the horror title Agony. Acknowledging that the game failed to meet the expectations of both investors and players upon its June 2018 release, the studio outlined a comprehensive recovery plan focused on technical stabilization and the release of a new, definitive version of the product.
The immediate strategy involves a rigorous update schedule, with patches planned twice weekly to address technical flaws until player satisfaction improves. To further rehabilitate the brand, the studio announced Agony Unrated, a standalone or DLC version for PC scheduled for release within three months. This version aims to bypass age rating restrictions to include previously censored content, additional erotic animations, high-resolution assets, and expanded gameplay modes. To incentivize existing customers, the studio is negotiating deep discounts for current owners of the base game.
In a candid post-mortem analysis, the studio identified several internal failures that contributed to the game’s poor reception. These include the artificial lengthening of the campaign from five to ten hours to appeal to console markets, which resulted in repetitive puzzles and poorly explained mechanics. Management admitted to ignoring critical feedback from external testing teams provided by PlayWay and failing to delay the launch despite warnings. Consequently, the studio has undergone structural changes, including the departure of the lead game designer. Moving forward, Madmind Studio intends to apply these lessons to future horror projects while focusing on restoring its reputation through direct self-publishing on the Steam platform.