CD Projekt Unit To Phase Out The Witcher: Monster Slayer Project
CD Projekt SA CDR:
UNIT SPOKKO EGM RESOLVES ON GRADUAL PHASING OUT FROM THE WITCHER: MONSTER SLAYER PROJECT
FOLLOWING DECISION FURTHER DEVELOPMENT OF PROJECT WILL BE HAULTED AND ON JAN 31, 2023 DISTRIBUTION ON GOOGLE PLAY AND APPLE STORE FOR NEW PLAYERS WILL BE ENDED
FOLLOWING DECISION ON JUNE 30, 2023 GAME WILL STOP TO BE AVAILABLE FOR CURRENT PLAYERS AND PROJECT WILL BE TERMINATED
SAID DECISION ARE IN ACCORDANCE WITH ASSUMPTIONS OF COMPANY'S UPDATED BUSINESS STRATEGY
IN CONNECTION TO SAID DECISIONS COMPANY WILL REQUEST UPDATE OF ASSETS' VALUE IN SPOKKO
UNIT MANAGEMENT AND EGM RECOMMENDS REORGANISATION OF CD PROJEKT'S GROUP IN 2023 VIA TAKE-OVER OF SPOKKO BY COMPANY
TOTAL VALUE OF CO'S SHARES IN SPOKKO AT DEC 5 AMOUNTED TO 32.4 MILLION ZLOTYS