SPH Notice - Admetus Capital Limited (Admetus)

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Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Vista Group International Limited
Date this disclosure made: 8 September 2025
Date last disclosure made: 3 September 2025
Date on which substantial holding ceased: 8 September 2025
Substantial product holder(s) giving disclosure
Full name(s): Admetus Capital Limited (Admetus). Admetus's ultimate holding company
is Admetus Partners Limited, whose shareholders include funds managed or advised by
Potentia Capital Management Pty Ltd.
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares (Shares) in Vista Group International
Limited (NZX Code: VGL) (Vista)
Summary for Admetus
For last disclosure,—
(a) total number held in class: 45,714,643
(b) total in class: 238,834,381
(c) total percentage held in class: 19.14%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 0
(b) total in class: 238,834,381
(c) total percentage held in class: 0%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: On 3 September 2025,
Admetus entered into a block trade agreement (attached to this notice) with Jarden
Australia Pty Limited (Jarden), under which Admetus appointed Jarden to manage and
underwrite the sale of all of the 45,714,643 Shares in Vista held by Admetus for NZ$3.00
per share (or NZ$137,143,929 in aggregate). Settlement of that sale occurred on 8
September 2025.
Additional information
Address(es) of substantial product holder(s): First Floor, Unit 1.3, 5 Sir Tim Wallis Drive,
Wanaka, New Zealand.

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Contact details:
Admetus Capital Limited
C/- Ian Beaumont
Russell McVeagh
Level 30 48 Shortland Street, Auckland
Telephone: +64 9 367 8302
Email: ian.beaumont@russellmcveagh.com
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Jarden Australia Pty Limited
Certification
I, Amitesh Chand, director of Admetus, certify that, to the best of my knowledge and
belief, the information contained in this disclosure is correct and that I am duly authorised
to make this disclosure by all persons for whom it is made.