PlayWay SA Management Board with its registered office in Warsaw (the "Company") informs that on January 4, 2019, the Company and natural persons established a joint-stock company under the name of Circle Games Spółka Akcyjna with its registered office in Komarówka Podlaska ("Circle Games").
The share capital of Circle Games is PLN 100,000 and is divided into 1,000,000 shares with a par value of PLN 0.1 per share.
Shareholders subscribed for shares in the share capital as follows:
a) Company - 690,000 shares with a nominal value of PLN 0.10 each, in exchange for a cash contribution in the amount of PLN 69,000;
d) natural persons - 310,000 shares with a nominal value of PLN 0.10 each, in exchange for a cash contribution of PLN 31,000.
The participation of individual parties in the share capital of Circle Games will be as follows:
a) Company - 69%;
b) natural persons - 31%.
The main activity of Circle Games will be porting games from the portfolio of the Company's capital group to VR devices and mobile devices.
The first ported game will be Cooking Simulator VR, followed by Cooking Simulator for mobile devices.
Source: company website, investor relations, current and periodic reports.