Vista Group confirms Stardust Strategic Investment

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



Market Announcement

7 September 2018, Vista Group International Limited, Auckland, New Zealand


Vista Group confirms Stardust fundraising from Strategic Investor

Vista Group International (NZX & ASX: VGL) has confirmed a new round of funding for its Stardust social
media platform.

Following the initial launch of Stardust as an App for moviegoers to share video reactions about movies
they have seen, Stardust will now be expanded. New features will support a broadened goal to become
the social media hub for connecting people who share a love of movies.

The investment round is led by Steven (‘Ste’) Thompson, founder and CEO of Vista Group company
Powster, who will contribute US$750,000. Additional funding from a prior investor and from
Vista Group of US$375,000 each, brings the capital raise total to US$1.5million.

With his investment, Mr Thompson will join the Stardust board, adding strategic value through his
extensive knowledge of movie marketing and his industry relationships.

Vista Group Chief Executive, Kimbal Riley, says that Mr Thompson’s investment and future governance
are key ingredients to support the continued success of Stardust and the direction of its ongoing growth
strategies. “Ste’s knowledge of the digital marketing of movies is second to none and his industry
relationships extensive. We expect that both will help to open opportunities for growth, and
monetization. I very much look forward to his involvement as we continue to move forward with the
expansion of the Stardust platform and community.”

Mr Thompson comments: “In Stardust, Vista has created a social platform with a unique value proposition
for the movie industry. The App enables audiences to make their own decisions on movies they go to see
based on the views of their friends and like-minded people – rather than on critic assessments or
promotions. With honest video content produced by an extremely passionate audience, Stardust is
revolutionising the way movies are reviewed. I am massively excited about its potential, and about
adding my expertise to the team.”

Following the capital raise, Stardust will remain a Vista Group subsidiary company with Vista Group’s
shareholding standing at 60% (prior to capital raising – 75.1%).


Rodney Hyde
Chief Financial Officer
Vista Group International Ltd
Contact: +64 9 984 4570