WSE admits Play2Chill to trading on NewConnect

The Warsaw Stock Exchange (WSE) approved Play2Chill's information document and adopted a resolution to introduce shares to trading on the NewConnect market, the company said.

"We are one step away from achieving our most important goal this year, which is joining the group of public companies listed on the NewConnect market. The WSE has just approved the information document we have established in October. We are just waiting for the first day of listing our company's shares. The presence on the public market is the culmination of our hard, many months of work. We have implemented all the adopted assumptions of the current strategy, we have a plan for further dynamic development and we are ready to present it to investors," President Tomasz Róziecki said.

On the company's debut day, a total of 2,870,000 series A and B ordinary shares with a nominal value of PLN 0.10 each will be introduced.

In May this year. Play2Chill acquired PLN 1.5 million in a private placement. In line with the objectives of the issue, the funds raised are allocated to the production of new games, including the studio's flagship project, Motorcycle Mechanic Simulator 2021. The premiere of the title is planned for Q1 2021. The game will be based on the concept of the biggest hit of the PlayWay group – Car Mechanic Simulator (CMS).

(ISBnews)