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)
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...
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