VGL
21/03/2016 09:31
GENERAL
PRICE SENSITIVE
REL: 0931 HRS Vista Group International Limited
GENERAL: VGL: VGL - Successful share sale completed. Trading halt lifted
MARKET ANNOUNCEMENT
21 March 2016, Vista Group International Ltd, Auckland, New Zealand.
VGL - SUCCESSFUL SHARE SALE COMPLETED AND TRADING HALT LIFTED
Vista Group International Limited (VGL) can confirm that it has completed the
allocation of 20,421,995 ordinary shares in VGL (being about 25.5% of the
total ordinary shares in VGL) sold by a group of the staff shareholders who
had been subject to an escrow period under the terms of the Prospectus (3
July 2014) until 1 March 2016.
The sale was by way of an underwritten book build managed by Macquarie
Capital (New Zealand) Limited and Macquarie Securities (NZ) Limited (the
Sale).
The sale was completed to a range of institutional and retail broker firms
and it has achieved the goal of introducing several new institutional
shareholders to the Vista register and support from new retail brokerages.
The sale was also well supported by existing institutional shareholders.
The price at which the shares were allocated was NZ$5.30.
As a result of the completion of this sale process the trading halt on the
VGL securities on the NZX Main Board will be lifted pre market open today.
Brian Cadzow, Director Commercial and Legal
Vista Group International Ltd
Contact: +64 9 984 4570
End CA:00279561 For:VGL Type:GENERAL Time:2016-03-21 09:31:25
