Australian tech investor Potentia takes cornerstone Vista stake

Vista CEO Stuart Dickinson says the cinema tech firm can ride a wave of "premiumisation" in the industry. (Image: Vista Group)

Rebecca Stevenson

Mon, 27 May 2024

Australian tech investor Potentia has taken a more than 18% stake in listed cinema software company Vista. In a statement to the New Zealand Exchange (NZX), Potentia subsidiary Admetus Capital said it had spent more than $92.1 million for an 18.4% slice of the company. It bought the shares for $2.10, a 14% premium from Friday’s trading price of about $1.84. Potentia Capital will also buy a further 10 million shares in Vista from Jarden Securities, settling on Friday. That will take its stake to 19.9%. Vista o...

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