Vista board unlikely to be spilt, says Craigs

Vista board chair Susan Peterson.

Thu, 31 Oct 2024

A manoeuvre to “spill” the board of NZX and ASX listed cinema software company Vista by a major shareholder appears “unlikely to succeed”, according to Craigs Investment Partners.Potentia, which holds just under 20% of Vista shares, has called a special meeting for Nov 15 proposing to remove chair Susan Peterson and director Kirk Senior.It wants to replace them with Potentia executive Amitesh Chand. If elected, Chand plans to play an “active” role, with a focus on lifting margins.In a memo tilted “The E...

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