21:57 23 July 2020
Gaming Factory makes its WSE main market’s debut
Game developer Gaming Factory made its debut in the WSE main market on Thursday. Until 9.15 no transactions in shares or rights to the company's shares were concluded.
Gaming Factory is the 440th company listed on the main market and the second newcomer in 2020.
As much as 1.1 million rights to series E shares and 4.5 million shares of the company were introduced to trading. The value of the public offering preceding the stock exchange debut was PLN 21.3 million, of which the company obtained PLN 17 million from the issue of series E shares.
About 70 percent of the proceeds from the issue will fund the games production. Part of the funds obtained from investors is to be used to complete the titles that are in production, including: "Human Farm", "Roman Legionary", "Big Battle and Defense Simulator" and "Knight Simulator".
(PAP)
