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Vista Group confirms approvals – Vista China Equity Stake

M&A23 August 2018VGLInformation Technology

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Vista Group International Ltd, L3, 60 Khyber Pass Road, Newton, PO Box 8279, Symonds St, Auckland 1150, NZ




Market Announcement


24 August 2018, Vista Group International Limited, Auckland, New Zealand



Vista Group completes regulatory process for increased stake in

Vista China.


Vista Group International (‘Vista Group’ NZX & ASX: VGL) and its Chinese subsidiary, Vista

Entertainment Solutions Limited, Shanghai (Vista China), confirm the granting of the final regulatory

approvals required to approve the 7.9% equity purchase from its partner, Beijing Weying

Technology

Co. Limited (WePiao).


The commercial agreement for this share purchase was outlined in the Market Announcement

released on 20 February 2018. The regulatory approval received, confirms the terms of the original

commercial agreements.


There has been a delay in completing the additional agreements to enable the consolidation of Vista

China into the Vista Group accounts. Vista Group hopes to conclude these arrangements shortly

and the market will be updated once that process is finished including the date that consolidation will

commence.




Kimbal Riley

Group Chief Executive

Vista Group International Ltd

Contact: +64 9 984 4570

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