Vista shares debut at $2.40 on NZX, a 3.1 percent gain from IPO price

Sun, 10 Aug 2014

By Suze Metherell Aug. 11 (BusinessDesk) - Shares of Vista Group International rose 2.1 percent on their NZX debut, after the cinema software and analytics company raised $92 million in an initial public offering to pay existing owners and fund global growth. The shares first traded at $2.40, after an IPO at $2.35, giving the company a market capitalisation of $191.6 million. Some $51.7 million of the funds raised went to existing owners who retained a 47 percent stake, while $40 million in new capi...

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