Potentia Capital strikes back: Vista shareholder lays out why it should be on the board
Australian tech investor Potentia has fired back against Vista Group. (Image: Potentia Capital)
Vista shareholder Potentia Capital has laid out why it believes it should gain a seat on the board of the New Zealand Exchange-listed software company. Potentia released a slew of materials on Tuesday morning, including a letter it sent to Vista shareholders, a press release detailing its rationale for wanting a seat on the board, and its view of the current board's underperformance and lack of skills.Vista has so far thwarted the Australian tech investor’s attempts to join the board, prompting the almost 20% shareholder to call...
Subscribe to BusinessDesk
Stay informed on business, government and financial developments across New Zealand.
- Deeply researched, twice-edited and fact-checked news
- Annual subscribers also receive a complimentary subscription to The Wall Street Journal
- Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers
You can cancel anytime with two clicks, an email or a phone call.
Find out more.
We are serious about journalism.
Already a Subscriber ? Sign in here.
{{ registerForm.errors.get('form') }}
We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.
{{ cardForm.errors.get('card') }}
{{ registerForm.errors.get('plan') }}
{{ __(plans[index].name) | capitalize }}
{{ plans[index].attributes.old_price | currency }}
{{ plans[index].price | currency }}
All subscriptions auto renew but are easy to cancel.
Tax: {{ taxAmount(selectedPlan) | currency }}
Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}
Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}
{{ registerForm.errors.get('email') }}
Not convinced yet?
Subscribe to our free 7am Headlines newsletter.
A quick summary of everything BusinessDesk has published in the previous 24 hours. No BusinessDesk
subscription needed.
Markets sponsored by
Award-winning investment expertise, trusted to deliver for the long term
Opinion
Dave McLeish: Not everything important is measurable
Monetary theory has fundamentally backfired.
Sponsored
NZ risks losing edge as Australia takes lead in cleaner jet fuel
Experts warn SAF delay could cost jobs and growth.
