PROPER GAMES LIMITED, with UK company number #17083754, is involved in computer games publishing and Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2026-04-10 | £2.6M |
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Accounts not filed
Capital raised per employee divides the equity PROPER GAMES LIMITED raised in the last six months by the headcount in its most recent filed accounts. It is a rough read on how capital-intensive the business is: a high figure means the company is raising a lot relative to the number of people it employs, which is typical of hardware, biotech and other research-heavy businesses. Headcount comes from annual accounts and so lags the funding date, often by a year or more.
A share class is a category of shares carrying its own rights over voting, dividends and what happens to the money if the company is sold or wound up. UK companies typically issue Ordinary shares to founders and employees, then create a new Preferred class at each funding round, giving investors priority on proceeds ahead of the Ordinary holders. PROPER GAMES LIMITED has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
THE ORDINARY SHARES HAVE ATTACHED TO THEM FULL VOTING, DIVIDEND AND CAPITAL DISTRIBUTION (INCLUDING ON WINDING UP) RIGHTS; THEY DO NOT CONFER ANY RIGHTS OF REDEMPTION.
THE SEED SHARES HAVE ATTACHED TO THEM FULL VOTING RIGHTS. EACH SEED SHARE IS ENTITLED PARI PASSU AND PRO RATA TO DIVIDEND PAYMENTS. ON A DISTRIBUTION OF ASSETS INCLUDING ON A LIQUIDATION OR RETURN OF CAPITAL THE SEED SHARES ARE ENTITLED TO PARTICIPATE PARI PASSU AND PRO RATA AHEAD OF THE ORDINARY SHARES. THE SEED SHARES HAVE THE RIGHT TO CONVERT INTO ORDINARY SHARES. THE SEED SHARES ARE NOT REDEEMABLE OR LIABLE TO BE REDEEMED AT THE OPTION OF THE COMPANY OR THE SHAREHOLDERS.