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

KMD Brands pulled into Trump trade war
Retail

KMD Brands pulled into Trump trade war

Like a lot associated with so-called ‘Liberation Day’, much remains uncertain.

US tariff risk less than expected for FPH, Jarden says
Economy

US tariff risk less than expected for FPH, Jarden says

Jarden says tariff-related impacts on earnings would be "nominal" by 2030.

Jarden says Skellerup 'most exposed' to Trump's tariffs
Markets

Jarden says Skellerup 'most exposed' to Trump's tariffs

US President Donald Trump's sweeping global tariffs, announced on Thursday, are expected to have devastating consequences not only in the US but also in New Zealand.In a note on Friday morning, Jarden analysts Guy Hooper and Nick Yeo predicted that NZX-listed Skellerup looks...

Wall Street reels as Trump’s plan sinks markets
Markets

Wall Street reels as Trump’s plan sinks markets

The president’s sweeping tariffs proved far more severe than investors predicted.