Vista shares sold at $5.30 apiece, bringing new investors to register

Sun, 20 Mar 2016

By Paul McBeth March 21 (BusinessDesk) - Vista Group International will resume trading today after a quarter of the company was sold to institutional investors and retail brokerages at $5.30 a share. Twenty shareholders, including chief executive Murray Holdaway and director of commercial and legal Brian Cadzow, sold about 20.4 million shares in an underwritten bookbuild. The sale was run by Macquarie Capital and Macquarie Securities (NZ), which paid $5.25 a share in a block trade for the 26 percent stake, for a gain of about $1 million....

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