February 6, 2017 / 7:05 AM / 8 months ago

BRIEF-Playway raises stake in Fishing Games

Feb 6 (Reuters) - Playway SA :

* Said on Friday it signed an agreement with the partners of Fishing Games Sp. z o.o. (Fishing Games) concerning a capital increase of Fishing Games to 0.1 million zlotys ($25,034) from 33,000 zlotys

* The capital increase of Fishing Games to be undertaken via an issue of new shares in exchange for cash contribution of 67,000 zlotys

* After the capital increase Playway will hold 80 pct stake in Fishing Games

* The partners of Fishing Games are Playway, Jakub Trzebinski and Mateusz Zawadzki

* Fishing Games resolved to change its name to Ultimate Games

* The proceeds from the capital increase will be allocated for the completion of the “Ultimate Fishing” game

Source text for Eikon:

Further company coverage: ($1 = 3.9945 zlotys) (Gdynia Newsroom)

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