Battle lines drawn: Vista shareholder Fisher Funds won't back Potentia's board plan

Battle lines drawn: Vista shareholder Fisher Funds won't back Potentia's board plan
Vista's independent chair Susan Peterson has the backing of Fisher Funds. (Image: Vista Group)
Rebecca Stevenson
Vista’s second-largest shareholder, Fisher Funds, will vote against its largest shareholder, Potentia Capital, and its attempts to gain seats on Vista’s board. In a notice to the New Zealand Exchange (NZX) on Tuesday, Vista said Fisher, which owns about 14% of the listed cinema software company, would vote against all resolutions put forward by Potentia in its notice for a special general meeting.“We remain supportive of the current Vista board and company strategy,” the notice said. “With respect to the...

More Markets

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025
Locate Technologies plans to quit ASX for NZX
Markets

Locate Technologies plans to quit ASX for NZX

Bitcoin-favouring Locate Technologies eyes move to NZX's main board.

Staff reporters 12 Sep 2025
Vital takeover bid passes threshold at 11th hour
Markets

Vital takeover bid passes threshold at 11th hour

Tait International has secured acceptances to meet the 90% minimum condition for its Vital takeover less than a day before the offer was set to expire.Vital filed a substantial product holder (SPH) notice to the NZX on Friday morning, which showed Tait's stake lifted to 92.1%...

Gregor Thompson 12 Sep 2025
Tower again hikes FY underlying profit outlook
Markets

Tower again hikes FY underlying profit outlook

Insurer sees FY underling profit up as large events weigh less than expected     

Staff reporters 12 Sep 2025